Strategies for appropriate technology and competitive performance in infrastructure construction
Hampson, Keith D. & Tatum, C. Bob (1994) Strategies for appropriate technology and competitive performance in infrastructure construction. In Proceedings of National Construction and Management Conference 1994, University of New South Wales, Sydney.
Earlier research developed theoretically-based aggregate metrics for technology strategy and used them to analyze California bridge construction firms (Hampson, 1993). Determinants of firm performance, including trend in contract awards, market share and contract awards per employee, were used as indicators for competitive performance. The results of this research were a series of refined theoretically-based measures for technology strategy and a demonstrated positive relationship between technology strategy and competitive performance within the bridge construction sector. This research showed that three technology strategy dimensions—competitive positioning, depth of technology strategy, and organizational fit— show very strong correlation with the competitive performance indicators of absolute growth in contract awards, and contract awards per employee.
Both researchers and industry professionals need improved understanding of how technology affects results, and how to better target investments to improve competitive performance in particular industry sectors. This paper builds on the previous research findings by evaluating the strategic fit of firms' approach to technology with industry segment characteristics. It begins with a brief overview of the background regarding technology strategy. The major sections of the paper describe niches and firms in an example infrastructure construction market, analyze appropriate technology strategies, and describe managerial actions to implement these strategies and support the business objectives of the firm.
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|Item Type:||Conference Paper|
|Keywords:||technology strategy, competitive performance, competitive positioning, depth of technology strategy, and organizational fit|
|Subjects:||Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > DESIGN PRACTICE AND MANAGEMENT (120300)|
|Divisions:||Current > Research Centres > Sustainable Built Environment National Research Centre|
|Copyright Owner:||Copyright 1994 [please consult the authors]|
|Deposited On:||03 May 2011 09:45|
|Last Modified:||14 Aug 2011 00:35|
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