The Corporate Agility’s Barometer of The Construction Company

Jevgenijs Locovs, Elīna Gaile-Sarkane

Abstract


Corporate agility is not a futuristic dream. It is a contemporary tool each construction company should have in its toolbox for daily use.  In this article the authors identified and discussed the factors allowing to determine the level of construction company’s corporate flexibility. In their approach to determine all the major factors affecting construction company’s level of corporate flexibility, the authors used available data from different pertinent sources for systematic literature overviews; they also held interviews with experts in the field. For this purpose, the authors created questionnaire sets to evaluate the level of corporate flexibility within a given construction company. The questionnaire had to determine the existing situation in the company, its functionality within different departments, its collegiality and inter-relationships between co-workers, subordinates, and superiors, to explore the level of corporate flexibility, and much more. Based on the research results, it became possible to make a direct correlation between the level of the corporate flexibility of the given construction company and its performance. The already repeatedly mentioned corporate flexibility directly affected both corporate activities (supportive and primary) and internal and external environment. The research confirmed that corporate flexibility is the balance between the needed bureaucracy and organizational flexibility. In evaluating the results, the conclusion was made that in order to maximize the outcome of corporate efforts, focus should be made on several issues: measures to reduce bureaucracy, and most importantly, the scale of overly high level of responsiveness and flexibility, which may raise concerns about a chaotic and misbalanced structural organization within the company, when subsequent decisions should be made to improve the existing situation and prevent a potential danger.


Keywords:

Corporate agility; Construction company; Performance improvement

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DOI: 10.7250/scee.2021.0003

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