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), 2022. Published by Science Publishing Group |
Knowledge, Innovation, Procurement, Productivity, Sustainability, Management
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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
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
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
@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} }
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 -