Alade, Kehinde, Windapo, Abimbola and Umeokafor, Nnedinma ORCID: 0000-0002-4010-5806 (2020) Sustainable contractor development: do CEOs/ company leaders make a difference? In: Proceedings of the Joint CIB W099 & TG59 International Web-Conference 2020: Good health, Wellbeing & Decent Work, 10th September, Glasgow, UK. CIB - Glasgow Caledonian University (GCU), Anglia Ruskin University (ARU) and Central University of Technology, Free State (CUT), Glasgow, pp. 213-221. ISBN 978-1905866984

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Abstract

The construction industry is one of the major contributors to the GDP of many countries. However, just like many other countries, the South African construction industry has been facing challenging times with the decrease in expenditure and investment from private and public clients. This has led to decrease in the industry’s GDP and subsequent increase in the number of liquidation and insolvency of construction companies. The purpose of this study is to identify the key leadership and entrepreneurial factors for sustainable construction companies. Semi-structured interviews of higher experienced CEOs/leaders of 11 large construction companies in the Western Cape, South Africa and thematic analysis were adopted. For a broader analysis of the CEOs/leaders, the company’s financial performance records of the CEO/company leaders over a five-year period were also obtained. The main findings of study include that successful construction companies were managed by CEO/leaders that possess high entrepreneurial skills, good understanding of construction and maintains positive attitude. However, other non-entrepreneurial factors may also contribute to the success. The study recommends that a larger sample size be used to test the hypothesis proposed by the study that leaders make the difference in the success of construction companies, using a quantitative research approach. Contractors, investors, policymakers, and financial institutions may find this study beneficial.

Item Type:	Conference Proceedings
Title of Proceedings:	Proceedings of the Joint CIB W099 & TG59 International Web-Conference 2020: Good health, Wellbeing & Decent Work, 10th September, Glasgow, UK
Uncontrolled Keywords:	big contractors; contractor development; entrepreneurship; leadership; sustainability
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management T Technology > TH Building construction
Faculty / School / Research Centre / Research Group:	Faculty of Engineering & Science Faculty of Engineering & Science > School of Engineering (ENG)
Related URLs:	Organisation
Last Modified:	12 Oct 2022 11:17
URI:	http://gala.gre.ac.uk/id/eprint/37751

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