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Business Sustainability Through Technology Management Approach for Construction Company

Received: 29 August 2021    Accepted: 4 February 2022    Published: 23 March 2022
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Abstract

Throughout the decades, the construction industry was suffered for its business sustainability, mainly due to its complexity by nature that results in poor productivity, across the industry. This can be improved through implementing of Technology Management the innovative ways, which consists of Knowledge Management, Building Information Modelling, block-chain technology and e-procurement, throughout pre- and post-contract implementation stages that involve the function of Design, Procure, Execution, and Commissioning; as well as applications on the existing building, for the benefits to ease of building maintenance, and life-savings shall there be any disaster. Building Information Modelling not being applied as technology by itself, but also as a platform to improve interactions among stakeholders. This paper aims to emphasize on the external as well as internal factors that influence the business transformation towards Technology Management, and its contribution on construction business sustainability. Particularly, to discuss the benefits and contribution on the electronics-Procurement implementation, the failure factors were also being discussed; then the importance of company’s knowledge culture that creates a knowledge sharing environment for better information sharing and system implementation; lastly, to discuss how innovation approach by integrating Block-Chain Technology and Building Information Modelling enhance the construction company’s competitiveness within the industry, for sustainability grow.

Published in Science Research (Volume 10, Issue 2)
DOI 10.11648/j.sr.20221002.12
Page(s) 32-36
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Knowledge, Innovation, Procurement, Productivity, Sustainability, Management

References
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[8] Lei Zhang, Z. C., Qing He, Peipei Zhai. Investigating the Constraints to Buidling Information Modeling (BIM) Applications for Sustainable Building Projects: A Case of China, Sustainability 2019, vol. 11, pp. 63-80.
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Cite This Article
  • APA Style

    Soon Fong Piew, Shamsul Sarip, Abd Yasser, Kaidi Hazilah. (2022). Business Sustainability Through Technology Management Approach for Construction Company. Science Research, 10(2), 32-36. https://doi.org/10.11648/j.sr.20221002.12

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    ACS Style

    Soon Fong Piew; Shamsul Sarip; Abd Yasser; Kaidi Hazilah. Business Sustainability Through Technology Management Approach for Construction Company. Sci. Res. 2022, 10(2), 32-36. doi: 10.11648/j.sr.20221002.12

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    AMA Style

    Soon Fong Piew, Shamsul Sarip, Abd Yasser, Kaidi Hazilah. Business Sustainability Through Technology Management Approach for Construction Company. Sci Res. 2022;10(2):32-36. doi: 10.11648/j.sr.20221002.12

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  • @article{10.11648/j.sr.20221002.12,
      author = {Soon Fong Piew and Shamsul Sarip and Abd Yasser and Kaidi Hazilah},
      title = {Business Sustainability Through Technology Management Approach for Construction Company},
      journal = {Science Research},
      volume = {10},
      number = {2},
      pages = {32-36},
      doi = {10.11648/j.sr.20221002.12},
      url = {https://doi.org/10.11648/j.sr.20221002.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sr.20221002.12},
      abstract = {Throughout the decades, the construction industry was suffered for its business sustainability, mainly due to its complexity by nature that results in poor productivity, across the industry. This can be improved through implementing of Technology Management the innovative ways, which consists of Knowledge Management, Building Information Modelling, block-chain technology and e-procurement, throughout pre- and post-contract implementation stages that involve the function of Design, Procure, Execution, and Commissioning; as well as applications on the existing building, for the benefits to ease of building maintenance, and life-savings shall there be any disaster. Building Information Modelling not being applied as technology by itself, but also as a platform to improve interactions among stakeholders. This paper aims to emphasize on the external as well as internal factors that influence the business transformation towards Technology Management, and its contribution on construction business sustainability. Particularly, to discuss the benefits and contribution on the electronics-Procurement implementation, the failure factors were also being discussed; then the importance of company’s knowledge culture that creates a knowledge sharing environment for better information sharing and system implementation; lastly, to discuss how innovation approach by integrating Block-Chain Technology and Building Information Modelling enhance the construction company’s competitiveness within the industry, for sustainability grow.},
     year = {2022}
    }
    

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  • TY  - JOUR
    T1  - Business Sustainability Through Technology Management Approach for Construction Company
    AU  - Soon Fong Piew
    AU  - Shamsul Sarip
    AU  - Abd Yasser
    AU  - Kaidi Hazilah
    Y1  - 2022/03/23
    PY  - 2022
    N1  - https://doi.org/10.11648/j.sr.20221002.12
    DO  - 10.11648/j.sr.20221002.12
    T2  - Science Research
    JF  - Science Research
    JO  - Science Research
    SP  - 32
    EP  - 36
    PB  - Science Publishing Group
    SN  - 2329-0927
    UR  - https://doi.org/10.11648/j.sr.20221002.12
    AB  - Throughout the decades, the construction industry was suffered for its business sustainability, mainly due to its complexity by nature that results in poor productivity, across the industry. This can be improved through implementing of Technology Management the innovative ways, which consists of Knowledge Management, Building Information Modelling, block-chain technology and e-procurement, throughout pre- and post-contract implementation stages that involve the function of Design, Procure, Execution, and Commissioning; as well as applications on the existing building, for the benefits to ease of building maintenance, and life-savings shall there be any disaster. Building Information Modelling not being applied as technology by itself, but also as a platform to improve interactions among stakeholders. This paper aims to emphasize on the external as well as internal factors that influence the business transformation towards Technology Management, and its contribution on construction business sustainability. Particularly, to discuss the benefits and contribution on the electronics-Procurement implementation, the failure factors were also being discussed; then the importance of company’s knowledge culture that creates a knowledge sharing environment for better information sharing and system implementation; lastly, to discuss how innovation approach by integrating Block-Chain Technology and Building Information Modelling enhance the construction company’s competitiveness within the industry, for sustainability grow.
    VL  - 10
    IS  - 2
    ER  - 

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Author Information
  • Razak Faculty of Technology and Informatics, Universiti Teknologi Malaysia, Kuala Lumpur, Malaysia

  • Razak Faculty of Technology and Informatics, Universiti Teknologi Malaysia, Kuala Lumpur, Malaysia

  • Razak Faculty of Technology and Informatics, Universiti Teknologi Malaysia, Kuala Lumpur, Malaysia

  • Razak Faculty of Technology and Informatics, Universiti Teknologi Malaysia, Kuala Lumpur, Malaysia

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