Understanding the Future Competitive Advantages of the Construction Industry

Research output: Contribution to journalReview articlepeer-review

9 Citations (Scopus)

Abstract

Technological changes (such as Construction 4.0) in an organization cause the workforce to exhibit resistance to change, job redundancy, etc. Geographical location will no longer provide a competitive advantage, but resources will be the source of competitive advantage in the future, and these resources will be intangible, valuable, and not be easily imitated. The aim of this study is to provide an understanding of the future competitive advantages of organizations in the construction industry that could help the construction workforce easily adapt to technological changes. This study is based on resource-based theory and the ADKAR change management model. This study developed an ADREKA sequence for organizations to achieve future competitive advantage during technological changes in the construction industry. Hence, building social, relational, and human capital is necessary during technological changes to achieve competitive advantage for an organization and foster workforce adaptability to change.

Original languageEnglish
Article number1616
JournalBuildings
Volume14
Issue number6
DOIs
Publication statusPublished - Jun 2024

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Construction 4.0
  • Industrial Revolution
  • capital
  • competitive advantage
  • competitiveness
  • construction industry
  • future
  • resources
  • technological change
  • workforce

ASJC Scopus subject areas

  • Architecture
  • Civil and Structural Engineering
  • Building and Construction

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