<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>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.</p>
</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.

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

Baltic Journal of Real Estate Economics and Construction Management

This work is licensed under the Creative Commons Attribution 4.0 International License.

The aim of this study is to define and clarify the idea of improving management effectiveness within Indian construction companies. We conducted an online...

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

Published Online: Dec 01, 2023

Page range: 270 - 288

Received: Oct 01, 2023

Accepted: Nov 06, 2023

DOI: https://doi.org/10.2478/bjreecm-2023-0017

Keywords
Construction company, construction company management efficiency, company management, management efficiency

© 2023 Rashmi Jaymin Sanchaniya et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

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

Published Online: Dec 01, 2023

Page range: 270 - 288

Received: Oct 01, 2023

Accepted: Nov 06, 2023

DOI: https://doi.org/10.2478/bjreecm-2023-0017

KeywordsConstruction company, construction company management efficiency, company management, management efficiency

© 2023 Rashmi Jaymin Sanchaniya et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Construction company, construction company management efficiency, company management, management efficiency