<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This paper highlights the current critical business challenges in the architecture industry. The initial study reviews the latest statistics of the architecture industry, research findings in the discipline of architecture management, knowledge and education gaps, as well as current business needs and development perspective. The review of the Latvian architecture industry based on publicly available data and the opinion of professionals concerning the business needs of the architecture industry is used as a case study.</p><p>The main recommendations for architecture industry professionals are related to necessity to improve the architects’ awareness and understanding of the influence of critical business functions to the company performance results, and application of most advanced management tools in architecture industry for ensuring business viability. The paper is highlighting the need for further research on critical business functions directly linked with specific aspects of architecture industry in different business contexts.</p></abstract>

This paper highlights the current critical business challenges in the architecture industry. The initial study reviews the latest statistics of the architecture industry, research findings in the discipline of architecture management, knowledge and education gaps, as well as current business needs and development perspective. The review of the Latvian architecture industry based on publicly available data and the opinion of professionals concerning the business needs of the architecture industry is used as a case study.The main recommendations for architecture industry professionals are related to necessity to improve the architects’ awareness and understanding of the influence of critical business functions to the company performance results, and application of most advanced management tools in architecture industry for ensuring business viability. The paper is highlighting the need for further research on critical business functions directly linked with specific aspects of architecture industry in different business contexts.

Business Challenges in the Architecture Industry

https://www.linkedin.com/in/sarm%C4%ABte-barvika-81374561/

Architecture and Urban Planning

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Business Challenges in the Architecture Industry"}

This paper highlights the current critical business challenges in the architecture industry. The initial study reviews the latest statistics of the...

Business Challenges in the Architecture Industry

Published Online: Feb 10, 2018

Page range: 118 - 123

DOI: https://doi.org/10.1515/aup-2017-0017

Keywords
Architecture industry, architecture management, business development, Latvian architecture, small and medium size enterprise

© 2017 Santa Bondare et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Business Challenges in the Architecture Industry

Published Online: Feb 10, 2018

Page range: 118 - 123

DOI: https://doi.org/10.1515/aup-2017-0017

KeywordsArchitecture industry, architecture management, business development, Latvian architecture, small and medium size enterprise

© 2017 Santa Bondare et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Architecture industry, architecture management, business development, Latvian architecture, small and medium size enterprise