- Title
- Critical success factors of South African construction companies
- Creator
- Lombard, Daniel
- Subject
- Construction industry -- Planning -- South Africa
- Subject
- Construction industry -- Management Construction industry -- South Africa Success in business -- South Africa
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MSc
- Identifier
- http://hdl.handle.net/10948/42229
- Identifier
- vital:36637
- Description
- The aim of the study was to identify the driving forces of the South African construction industry for registered cidb Grade 9 companies. The next objective was to identify the critical success factors (CSF) that are required to be used by the forward-looking and pro-active cidb Grade 9 companies. The most important critical success factors were then highlighted to form a core group of CSFs for construction industry. From this core group of CSFs an attempt was then made to identify business strategies that can assist companies in gaining a competitive advantage in the construction industry of South Africa. The research was based on the problem statement from which the sub-questions and hypothesis were derived. The primary data was collected through a mixed method of quantitative and qualitative research. A ontological philosophy was used for the research to effectively collaborate with the mixed method of research used. The approach of the research was a mix of both inductive and deductive, as it pursued to identify the forces and factors dominating the construction industry. The study subsequently determined what business strategies best suit these results. The research questionnaire was distributed between senior managers of grade 9 cidb construction companies and found that the most eminent driving forces of the industry are political and government decision making, as well as economic conditions. The CSFs showed a clear indication of what the respondents perceived as the most important factors. Although there have been many advances in technology and processes over the years, the most important CSF for contractors are still the processes of bidding and tendering and the factors relating to these. The qualitative research portion of the study was an investigation on what business strategies were best related to the key driving forces and most important CSFs. Interviews were held with directors of cidb grade 9 construction companies. The themes that were identified from the analyses of the qualitative data were that business strategies relevant to differentiation, diversification, cost leadership or hybrid were seen as the most effective for construction companies. The bidding and tendering process is not merely the same process that it used to be. Frequent reviews of what the industry is going through have also become a major necessity. The research was limited to companies registered as grade 9 with the Construction Industry Development Board. The research is seen as valued as the construction industry is highly important towards the development of the economy of a country and the impact that it has on communities.
- Format
- vii, 126 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Science
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Lombard Danie (Mr) (s20653339) MSc BE 29102019.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |