| Title |
An Analysis of Managerial and Organizational Status of Korean Construction Firms |
| Authors |
Lee, Dong-Hoon ; Kim, Sun-Kuk ; Kim, Man-Ki ; Shin, Dong-Hwa |
| Keywords |
Korean construction industry ; Organization structure ; Managerial environment ; Managerial result |
| Abstract |
Builders in Korea are facing significant challenges in the midst of deteriorating market conditions resulting from recent financial crunch and slumping housing sales, etc. To address such changes in management landscape, enterprise organizations need to build an efficient corporate management organization than can ensure prompt and flexible response to changes in surroundings. However, most of them base their management organization on business type and volume due to insufficient understanding and analysis of organization. Top 30 construction companies in Korea have their own management organizations and business structures let alone different competitive edges and challenges. Therefore, this paper attempts to examine the current status of management and organization of construction companies to understand their operational achievements and organizational features in and effort to develop an efficient management strategy and provide inputs contributory to establishment of corporate management organization. |