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首页> 外文期刊>Journal of Construction Research >AN INPUT/OUTPUT MODEL FOR BUSINESS FAILURES IN THE CONSTRUCTION INDUSTRY
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AN INPUT/OUTPUT MODEL FOR BUSINESS FAILURES IN THE CONSTRUCTION INDUSTRY

机译:建筑行业业务失败的输入/输出模型

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摘要

An input/output model is proposed to explain business failures in the construction industry. The proposed input/output model argues that organizational and environmental factors are the determinants of failure/survival in that they solely or jointly affect the performance of an organization, whose components in turn constitute the symptoms of failure/survival. Dun and Bradstreet's US business failure data are used in the study to populate the input/output model. The proposed input/output model is generated by two processes. In the initial process, environmental and organizational determinants (i.e. inputs) are transformed into performance symptoms (i.e. outputs). According to the results of the study, environmental factors account for 60.7% and organizational factors for the remaining 39.3% of all the determinants of failure. In the final process, performance factors (i.e. symptoms) are considered to be indicators of failure. The study indicates that the most important symptoms of failure are insufficient profits, heavy operating expenses and burdensome institutional debt. Based on the symptoms and in the light of prevailing environmental conditions, company executives can adjust organizational factors, among which the most conducive to failure appear to be insufficient capital and lack of business, managerial and line experience.
机译:提出了一种输入/输出模型来解释建筑行业的业务失败。提议的输入/输出模型认为组织和环境因素是失败/生存的决定因素,因为它们单独或共同影响组织的绩效,而组织的组成又构成失败/生存的症状。研究中使用了Dun和Bradstreet的美国业务失败数据来填充输入/输出模型。提议的输入/输出模型由两个过程生成。在最初的过程中,环境和组织的决定因素(即输入)被转化为绩效症状(即输出)。根据研究结果,环境因素占所有故障决定因素的60.7%,组织因素占其余39.3%。在最后的过程中,性能因素(即症状)被认为是失败的指标。研究表明,失败的最重要症状是利润不足,沉重的运营费用和沉重的机构债务。根据症状并根据当前的环境条件,公司高管可以调整组织因素,其中最容易导致失败的因素似乎是资金不足以及缺乏业务,管理和生产经验。

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