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Article

Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies

1
Department of Construction Engineering and Management, School of Engineering, Pontificia Universidad Católica de Chile, Santiago 7820436, Chile
2
Center for Sustainable Urban Development (CEDEUS), Pontificia Universidad Católica de Chile, Santiago 7530092, Chile
*
Author to whom correspondence should be addressed.
Sustainability 2018, 10(1), 82; https://doi.org/10.3390/su10010082
Received: 30 November 2017 / Revised: 26 December 2017 / Accepted: 27 December 2017 / Published: 30 December 2017
(This article belongs to the Special Issue Sustainable Construction)
Construction companies need to formulate sustainable construction business strategies to create a competitive advantage and remain in the market. This requires that construction firms incorporate sustainability into their business model. However, the current situation of the firm must be known before following the path to be a sustainable construction firm. Therefore, the aim of this research is to identify sustainable business strategies and their level of implementation in Chilean construction companies. A survey was designed and applied to 245 construction firms to provide statistically valid and reliable information, thus supporting both the senior managers’ decision-making process and the companies’ strategic planning. The main results show that the companies do not pursue business strategies that promote profound organizational changes; instead, they focus their short-term efforts on urgent market demands. This is evidenced by the lack of the function of sustainability management as a permanent role in the organization. Also, this study found that only 32% of Chilean construction companies implement business strategies towards sustainability. Construction firms with higher turnover and subjected to stricter regulations, such as construction companies working in the mining sector, incorporate more sustainable business strategies across their organizations. The lack of a sustainability-oriented vision can affect the transformation of strategy into a competitive advantage, a step that is necessary to support both the company’s permanence in the market and its long-term sustainability. View Full-Text
Keywords: sustainable business strategies; sustainable construction; competitive advantage; corporate sustainability sustainable business strategies; sustainable construction; competitive advantage; corporate sustainability
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MDPI and ACS Style

Giannoni, C.; Alarcón, L.F.; Vera, S. Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies. Sustainability 2018, 10, 82. https://doi.org/10.3390/su10010082

AMA Style

Giannoni C, Alarcón LF, Vera S. Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies. Sustainability. 2018; 10(1):82. https://doi.org/10.3390/su10010082

Chicago/Turabian Style

Giannoni, Carlos, Luis F. Alarcón, and Sergio Vera. 2018. "Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies" Sustainability 10, no. 1: 82. https://doi.org/10.3390/su10010082

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