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http://dx.doi.org/10.5345/JKIBC.2013.13.6.530

A Weight Analysis for Measuring the Management Performance of Strategic Business Units of Large Construction Companies  

Lee, Dong-Hoon (Department of Architectural Engineering, Kyung-Hee University)
Park, Hye-Sung (Design Standard Team, Incheon Development & Tourism Corporation)
Kim, Jung-Chul (Hyundai Engineering and construction)
Kim, Sun-Kuk (Department of Architectural Engineering, Kyung-Hee University)
Publication Information
Journal of the Korea Institute of Building Construction / v.13, no.6, 2013 , pp. 530-540 More about this Journal
Abstract
The business environment that affects the management performance can be characterized by each Strategic Business Unit (SBU) since construction companies win overseas contracts due to the fairly good construction situations while experience a decline in the local housing market. Environmental changes can alter the strategic importance of the SBU when measuring the management performance. However, large construction companies apply BSC (Balanced Score Card) for collective calculation to determine the management performance, making it difficult to reflect the strategic importance of SBU. This method may create a distorted image of management performance that fails to take environmental changes into consideration, and as such it needs to be improved. Yet, there are no studies on the weight of each SBU considering environmental changes. Thus, the current study intends to analyze the weight of SBU for company-wide measurement of the performance of large construction companies. In addition, a model for analysis of SBU importance is proposed to respond to the constantly changing environmental situations and to modify the weight. For analysis of SBU weight, a questionnaire was conducted with 23 experts and hands-on workers, and the questionnaire result was quantitatively analyzed by applying the FD-AHP method. It is expected that the result will enable a model to be proposed to calculate the weight per division in a manner that reflects environmental changes and minimizes strategic distortion when measuring the management performance of large construction companies.
Keywords
management performance; strategic business unit(SBU); fuzzy-delphi AHP; construction company;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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