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The Effect of External and Internal Factors on Management Effectiveness Within Indian Construction Companies Cover

The Effect of External and Internal Factors on Management Effectiveness Within Indian Construction Companies

Open Access
|Dec 2023

Abstract

The aim of this study is to define and clarify the idea of improving management effectiveness within Indian construction companies. We conducted an online survey with an Indian construction company and used correlation analysis to thoroughly examine how both external and internal factors affect management effectiveness. The survey includes demographic questions, ratings on a scale of 1 to 5 for management aspects, ratings on a similar scale for internal and external factors, and ratings on a similar scale for potential improvement suggestions. With the help of descriptive statistics and frequencies, the mean efficiency values were calculated using SPSS and Excel to analyse the collected data. To establish links between the variables and the effectiveness of the company, correlation analysis was also carried out. The primary conclusions of the study highlight the critical importance of focussing on employee relations, meticulous tracking of work output, integration of technology, and adherence to established protocols as key factors in improving management effectiveness. The research also reveals significant problems with the management system, such as a preference for sanctions over incentives. It establishes that internal and external factors have equal weight in influencing management effectiveness, emphasising the need for an all-encompassing strategy that is flexible enough to support long-term advancement in construction company management practices.

DOI: https://doi.org/10.2478/bjreecm-2023-0017 | Journal eISSN: 2255-9671 | Journal ISSN: 2255-9604
Language: English
Page range: 270 - 288
Submitted on: Oct 1, 2023
Accepted on: Nov 6, 2023
Published on: Dec 1, 2023
Published by: Riga Technical University
In partnership with: Paradigm Publishing Services
Publication frequency: 1 times per year

© 2023 Rashmi Jaymin Sanchaniya, Antra Kundziņa, Cijo George Thomas, Ineta Geipele, Jurga Naimavičienė, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.