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Can the construction industry cope with the challenges of the future? Is it fitter and leaner or thinner and weaker? This book presents a challenging analysis of the state of large construction companies. It focuses on the changes in their environment and behaviour from the boom conditions of the late 1980s, the decline in the firms' traditional markets and their attempts to develop others, the disastrous financial experiences of the early 1990s, the changes in strategies and structures and in the management of the firms. It is based on published data and interviews with senior executives of twenty major companies.
List of contents
List of Figures - List of Tables - Foreword - Acknowledgements - Abbreviations and Acronyms - Introduction - PART 1: THE INDUSTRY - The Construction Industry and its Environment - Financial Aspects of Large Construction Companies - PART 2: THE CONTRACTORS AND THEIR STRATEGIES - Financial Considerations - Markets and Marketing - Marketing Contracting Services - Structure, Management Methods and Planning - The Management Resource - Review of the Survey - PART 3: PRACTICAL AND THEORETICAL IMPLICATIONS - Contractors' Concerns for the Future of the Industry - Towards the Redevelopment of Theory - Appendix 1: Changes in Accounting Rules; Exceptional Items; Extraordinary Items - Appendix 2: Location of Discussion of Topics in the Three Books; Contents of Companion Volume, The Management of Construction Firms: Aspects of Theory; Contents of Companion Volume, The Modern Construction Firm - Subject Index - Index of Names
Summary
It focuses on the changes in their environment and behaviour from the boom conditions of the late 1980s, the decline in the firms' traditional markets and their attempts to develop others, the disastrous financial experiences of the early 1990s, the changes in strategies and structures and in the management of the firms.
