Strategic planning for competitive advantage in construction: The institutions

There have been developments in strategic planning techniques that various sectors of the economy have applied in pursuit of competitive advantage. In most sectors strategic planning applications are taking place at the level of parts of an enterprise's operations, at the general corporate level and at the level of the nation. In construction, strategic planning at any level appears to lag behind other sectors: it seems to be applied mainly by large enterprises keen on expansion, diversification and penetration of overseas markets. A previous paper by the authors has shown the implications of the developments in strategic planning concepts for the construction enterprise. This paper shows how strategic planning can be applied by professional institutions and trade associations in the construction sector. After defining a five-level framework to which strategic planning can be applied, the paper outlines the factors underlying change in the construction industry and the nature of that change. It then discu...

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