Operating Models of Construction Businesses
Abstract
The construction industry plays a critical role in Taiwan’s economy. In the past, the industry yielded high profits. However, due to excess supplies in the real estate market and economic recession, the construction industry must develop suitable operating models for sustainable operations. This study explored the sustainability of the operations and management of construction businesses and compared various types of construction companies in terms of the areas of work they undertake, such as land development, product planning and design, budgeting, construction outsourcing, quality control, and after-sales service. This study organized these areas of work and conducted objective comparisons to determine how the construction industry can achieve sustainable management. The researcher of this study was a practitioner in the construction industry. This research report can serve as references for fellow industry practitioners and encourage more experts in the construction industry to provide their operational philosophies as references for their peers.
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