The Effect of External and Internal Factors on Management Effectiveness within Indian Construction Companies
Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regional and Territorial Development ICEREE’2022: Book of Abstracts 2023
Rashmi Jaymin Sanchaniya, Antra Kundziņa, Cijo George THOMAS, Ineta Geipele, Jurga Naimavičienė

The purpose 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 focusing 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 longterm advancement in construction company management practices.


Keywords
Company management, construction company, construction company management efficiency, management efficiency
Hyperlink
https://sciendo.com/article/10.2478/bjreecm-2023-0017?content-tab=aurhors

Sanchaniya, R., Kundziņa, A., Thomas, C., Geipele, I., Naimavičienė, J. The Effect of External and Internal Factors on Management Effectiveness within Indian Construction Companies. In: Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regional and Territorial Development ICEREE’2022: Book of Abstracts, Latvia, Riga, 29-29 September, 2023. Riga: RTU Press, 2023, pp.270-288. ISSN 2592-9372.

Publication language
English (en)
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