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Eco-Innovation in Construction Industry - Essay Example

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Eco-Innovation in Construction Industry

L APPLIED FOR CMMS……………………………………………………………………… 07 THE IMPLEMENTATION OF CHANGE…………………………………………………………………. 10 CRITICAL ANALYSIS OF THE PARTICULAR SITUATIONS……………………………….………………….12 CONCLUSION………………………………………………………………………………………………………………. 14 REFERENCES………………………………………………………………………………………………………………... 15 INTRODUCTION to the Problem Two of the central issues being faced by modern construction and engineering organisations are eco-innovation and change management as the industry is continuing to shift cultural and move towards wider operationally excellent business models. The recent economic conditions have compounded the pressure. Coupled with this regulatory pressure from government and the consolidation of sub contractors, the climate has inevitably led to much stiffer competition. Within this novel sphere, many organisations are struggling to manage the costs and differentiate themselves from the competition. NEED FOR CHANGE Change is defined by Macmillan (2007, p.237) as “a situation in which something becomes different or you make something different.” Change occurs in any business on a daily basis, but often a time comes when a planned change is needed to cope with shifts in the industry. Planned organisational change occurs when a company is making a transition from its current state to a desired future state. Managing the organisational change can be characterised as the process of planning and then implementing change in organisations in a way as to minimise the...
Construction Industry is one of the most booming industries worldwide. The construction industry is encompasses the building and development of erected structures created to be used for human operations and existence through separating the natural world from the human environment. This industry is usually categorised into three basic categories: (1) Construction of any Building; (2) Construction of Heavy / civil buildings; and (3) Construction of Industrial buildings (London 2007).
All three types of construction projects require unique teams to plan, design, and construct as well as maintain the project. At times the construction industry has to bear heavy maintenance costs resulting in losses for a business. It is important that that business properly plan activities and utilise such measures that counter the ever increasing maintenance costs. Mostly, the maintenance occurs after construction and therefore the future cost is not easily predicted. One example of a harmful effect is a positive NPV project which results in a negative. ...Show more

Summary

Two of the central issues being faced by modern construction and engineering organisations are eco-innovation and change management as the industry is continuing to shift cultural and move towards wider operationally excellent business models. Recent economic conditions have compounded the pressure…
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Eco-Innovation in Construction Industry essay example
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