Next Article in Journal
Artificial Neural Network for Assessment of Energy Consumption and Cost for Cross Laminated Timber Office Building in Severe Cold Regions
Next Article in Special Issue
Bio-Inspired Sustainability Assessment for Building Product Development—Concept and Case Study
Previous Article in Journal
Evaluation of Hydraulic Retention Time on Treatment of Coffee Processing Wastewater (CPWW) in EGSB Bioreactor
Previous Article in Special Issue
Performance Evaluation and Life Cycle Cost Analysis Model of a Gondola-Type Exterior Wall Painting Robot
Article Menu
Issue 1 (January) cover image

Export Article

Open AccessArticle
Sustainability 2018, 10(1), 82; https://doi.org/10.3390/su10010082

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.
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)
Full-Text   |   PDF [2544 KB, uploaded 30 December 2017]   |  

Abstract

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
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

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.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top