A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E

Firms around the world must often manage and survive economic crisis. This paper examines how companies are affected by economic crises, to assess the type of strategies adopted by companies in such conditions, and to identify which strategic methods were effective for the companies to maintain succ...

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Main Author: Gafoor, Neyas Abdul (author)
Published: 2010
Subjects:
Online Access:http://bspace.buid.ac.ae/handle/1234/261
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author Gafoor, Neyas Abdul
author_facet Gafoor, Neyas Abdul
author_role author
dc.creator.none.fl_str_mv Gafoor, Neyas Abdul
dc.date.none.fl_str_mv 2010-11
2013-07-09T10:22:32Z
2013-07-09T10:22:32Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 70040
http://bspace.buid.ac.ae/handle/1234/261
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai
dc.subject.none.fl_str_mv recession
pressure
threats and opportunities
business strategy
construction industry
global economic crisis
United Arab Emirates (UAE)
dc.title.none.fl_str_mv A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
dc.type.none.fl_str_mv Dissertation
description Firms around the world must often manage and survive economic crisis. This paper examines how companies are affected by economic crises, to assess the type of strategies adopted by companies in such conditions, and to identify which strategic methods were effective for the companies to maintain successful performance, despite turbulence in the operational environment. This article analyzes and synthesizes the information from academic theory and business experience about managing through an economic recession. Semi structured interviews was conducted with the five different organisations in the UAE construction sector. Data were analyzed and the results were summarized in three tables. The findings provide valuable insights for decision makers and business strategic developers in times of economic crisis. Various strategic approaches adopted, at the time of recession, by the companies in the construction sector, were studied; the modification of strategies appropriately can maintain or improve their performance in time of crisis.
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network_acronym_str budr
network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/261
publishDate 2010
publisher.none.fl_str_mv The British University in Dubai
repository.mail.fl_str_mv
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spelling A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.EGafoor, Neyas Abdulrecessionpressurethreats and opportunitiesbusiness strategyconstruction industryglobal economic crisisUnited Arab Emirates (UAE)Firms around the world must often manage and survive economic crisis. This paper examines how companies are affected by economic crises, to assess the type of strategies adopted by companies in such conditions, and to identify which strategic methods were effective for the companies to maintain successful performance, despite turbulence in the operational environment. This article analyzes and synthesizes the information from academic theory and business experience about managing through an economic recession. Semi structured interviews was conducted with the five different organisations in the UAE construction sector. Data were analyzed and the results were summarized in three tables. The findings provide valuable insights for decision makers and business strategic developers in times of economic crisis. Various strategic approaches adopted, at the time of recession, by the companies in the construction sector, were studied; the modification of strategies appropriately can maintain or improve their performance in time of crisis.The British University in Dubai2013-07-09T10:22:32Z2013-07-09T10:22:32Z2010-11Dissertationapplication/pdf70040http://bspace.buid.ac.ae/handle/1234/261enoai:bspace.buid.ac.ae:1234/2612021-10-27T11:21:06Z
spellingShingle A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
Gafoor, Neyas Abdul
recession
pressure
threats and opportunities
business strategy
construction industry
global economic crisis
United Arab Emirates (UAE)
title A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
title_full A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
title_fullStr A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
title_full_unstemmed A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
title_short A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
title_sort A Study on the Innovative Business Strategies Adopted by Different Firms in the Construction Industry during the Global Economic Crisis in the U.A.E
topic recession
pressure
threats and opportunities
business strategy
construction industry
global economic crisis
United Arab Emirates (UAE)
url http://bspace.buid.ac.ae/handle/1234/261