Understanding the Performance of Construction Business: A Simulation-Based Experimental Study

Bajracharya, Arun; Ogunlana, Stephen O.; Tan, Hai Chen; Goh, Cheng Siew

doi:10.5130/ajceb.v21i4.7559

Cited by 2 publications

(2 citation statements)

References 28 publications

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“…(2021) highlighted that one of the challenges of making new decisions such as adopting technological innovations or new operational procedures in start-up SMEs is focussing on initial profit. This is in agreement with the earlier study of Bajracharya et al . (2021) which argued that policies and practices that emphasise short-term goals and immediate profit are one of the key reasons for customer dissatisfaction and the higher failure rates of SME construction business.…”

Section: Resultssupporting

confidence: 94%

“…Sukarno et al (2021) highlighted that one of the challenges of making new decisions such as adopting technological innovations or new operational procedures in start-up SMEs is focussing on initial profit. This is in agreement with the earlier study of Bajracharya et al (2021) which argued that policies and practices that emphasise short-term goals and immediate profit are one of the key reasons for customer dissatisfaction and the higher failure…”

Section: Resultssupporting

confidence: 92%

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Implementation of lean for small- and medium-sized construction organisational improvement

Dauda

Ajayi

Omotayo

et al. 2023

SASBE

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PurposeSmall- and medium-sized enterprises (SMEs) within the construction sector are highly vulnerable to disruptions caused by political and economic decisions or even pandemics. This study evaluated the current operations of selected SMEs providing engineering design and consultancy services against Toyota Production System (TPS) lean tool. The purpose is to juxtapose SME operations and processes with TPS to ascertain the level of their operations conformity to the established TPS lean thinking tool.Design/methodology/approachThis study used a qualitative data collection and analysis approach to evaluate the current processes of participating SMEs against Liker's 14 management principles of TPS. The data collected were analysed using thematic analysis to identify patterns and themes that emerged from the qualitative data.FindingsThe analysis revealed that focus on short-term goals, immediate profit and duplication of effort resulting from insufficient collaboration is currently creating waste in participating SMEs' operations. Hence, the implementation of TPS was recommended as a lean tool and a framework based on TPS lean tool was developed for improving the operations of SMEs.Research limitations/implicationsThe study is limited to SMEs operating only as consultants providing project planning design within the construction industry. Data collection is limited to qualitative even though observations would improve the outcome of the study.Originality/valueThe study advances contemporary issues in promoting lean implementation in construction sector and developed an improved framework based on the TPS to enhance the performance of SME construction businesses.

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Section: Resultssupporting

confidence: 94%

Section: Resultssupporting

confidence: 92%

Implementation of lean for small- and medium-sized construction organisational improvement

Dauda

Ajayi

Omotayo

et al. 2023

SASBE

View full text Add to dashboard Cite

show abstract

Exploring the landscape of system dynamics archetypes: A systematic review

Sánchez

2024

Syst Res Behav Sci

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System dynamic archetypes reflect common problematic behaviours that occur in the real world. The high level of abstraction embodied in these archetypes is both promising and daunting. Identifying relevant archetypes for real‐world problems is not a straightforward task. In this work, we aim to provide a comprehensive background for understanding current knowledge on the application of system archetypes. The methodology is based on a systematic literature review. Most of the works contribute with prescriptive models that address problems in specific areas. These models generally tackle complex problems where social, environmental and political issues converge. The unit of analysis encompasses geographical units, organizations and artefacts. The steps followed in the development are described with different level of detail. Stakeholders' participation is typically integrated into the development process. Some reported problems are that archetypes could induce a hypothesis that does not include all relevant factors; some participants may have difficulty in understanding the models; confidence in results, difficulty of having data to configure all the variables; and the cost burden for small enterprises.

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Understanding the Performance of Construction Business: A Simulation-Based Experimental Study

Cited by 2 publications

References 28 publications

Implementation of lean for small- and medium-sized construction organisational improvement

Implementation of lean for small- and medium-sized construction organisational improvement

Exploring the landscape of system dynamics archetypes: A systematic review

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