This study aims at suggesting competition factors and management strategies necessary for survival and continuous growth of small and medium-size construction companies during IMF period. For this study, both literature and questionnaire survey have b...
This study aims at suggesting competition factors and management strategies necessary for survival and continuous growth of small and medium-size construction companies during IMF period. For this study, both literature and questionnaire survey have been performed, figuring out major competition factors and management strategies before and after IMF period. For the questionnaire survey, small and medium-size construction companies located in Kwangju city and Chounnam province are utilized
The results of this study are as follows:
1) The major competition factors for the well-managed small and medium-size construction firms after IMF period are surveyed as following order ; ability of CEO, project performance, risk control, marketing, procurement, and strategic planning capability. 2) The degree of significance in terms of management strategies for the firms depicted above are discovered as following order ; quality enhancement and pursuing high value-added products, betterment andrationalization of management system, strenthening technical development, training and utilization of human resources, diversification and conversion of business structure, and drive forwards internationalization.