Strategies for Foreign Construction-Related Consultancy Firms to Improve Performance in China

Alice Shan Li; Florence Yean Yng Ling; Sui Pheng Low; George Ofori

doi:10.1061/(ASCE)ME.1943-5479.0000379

Strategies for Foreign Construction-Related Consultancy Firms to Improve Performance in China

Alice Shan Li^*
, Florence Yean Yng Ling
, Sui Pheng Low
, George Ofori

^*Corresponding author for this work

Department of Architecture and Civil Engineering

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

12 Citations (Scopus)

Abstract

With China being a member of the World Trade Organization (WTO), more foreign construction-related consultancy firms (foreign firms) are expected to operate in China. The aim of this research is to identify critical strategies and important practices that would improve a foreign firm's project performance. The results show foreign firms need to adopt a combination of both Western (differentiation, cost leadership) and Eastern strategies (risk responsiveness, swiftness) in order to achieve a higher level of performance in China. Foreign firms may assess their likely performance using the developed and validated models. Some instruments/practices to improve performance in China are also offered.

Original language	English
Article number	6015001
Journal	Journal of Management in Engineering
Volume	32
Issue number	1
Online published	18 Jun 2015
DOIs	https://doi.org/10.1061/(ASCE)ME.1943-5479.0000379
Publication status	Published - Jan 2016

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities
SDG 17 Partnerships for the Goals

Research Keywords

Competitiveness
Generic strategy
Social network
The art of war

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title = "Strategies for Foreign Construction-Related Consultancy Firms to Improve Performance in China",

abstract = "With China being a member of the World Trade Organization (WTO), more foreign construction-related consultancy firms (foreign firms) are expected to operate in China. The aim of this research is to identify critical strategies and important practices that would improve a foreign firm's project performance. The results show foreign firms need to adopt a combination of both Western (differentiation, cost leadership) and Eastern strategies (risk responsiveness, swiftness) in order to achieve a higher level of performance in China. Foreign firms may assess their likely performance using the developed and validated models. Some instruments/practices to improve performance in China are also offered.",

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author = "Li, \{Alice Shan\} and Ling, \{Florence Yean Yng\} and Low, \{Sui Pheng\} and George Ofori",

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month = jan,

doi = "10.1061/(ASCE)ME.1943-5479.0000379",

language = "English",

volume = "32",

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T1 - Strategies for Foreign Construction-Related Consultancy Firms to Improve Performance in China

AU - Li, Alice Shan

AU - Ling, Florence Yean Yng

AU - Low, Sui Pheng

AU - Ofori, George

PY - 2016/1

Y1 - 2016/1

N2 - With China being a member of the World Trade Organization (WTO), more foreign construction-related consultancy firms (foreign firms) are expected to operate in China. The aim of this research is to identify critical strategies and important practices that would improve a foreign firm's project performance. The results show foreign firms need to adopt a combination of both Western (differentiation, cost leadership) and Eastern strategies (risk responsiveness, swiftness) in order to achieve a higher level of performance in China. Foreign firms may assess their likely performance using the developed and validated models. Some instruments/practices to improve performance in China are also offered.

AB - With China being a member of the World Trade Organization (WTO), more foreign construction-related consultancy firms (foreign firms) are expected to operate in China. The aim of this research is to identify critical strategies and important practices that would improve a foreign firm's project performance. The results show foreign firms need to adopt a combination of both Western (differentiation, cost leadership) and Eastern strategies (risk responsiveness, swiftness) in order to achieve a higher level of performance in China. Foreign firms may assess their likely performance using the developed and validated models. Some instruments/practices to improve performance in China are also offered.

KW - Competitiveness

KW - Generic strategy

KW - Social network

KW - The art of war

UR - https://www.scopus.com/pages/publications/84950243378

UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-84950243378&origin=recordpage

U2 - 10.1061/(ASCE)ME.1943-5479.0000379

DO - 10.1061/(ASCE)ME.1943-5479.0000379

M3 - RGC 21 - Publication in refereed journal

SN - 0742-597X

VL - 32

JO - Journal of Management in Engineering

JF - Journal of Management in Engineering

IS - 1

M1 - 6015001

ER -

Strategies for Foreign Construction-Related Consultancy Firms to Improve Performance in China

Abstract

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