Time‐Based Competition: Competitive Advantage Tool for A/E/C Firms
Publication: Journal of Construction Engineering and Management
Volume 119, Issue 4
Abstract
With the ever‐increasing competition in the architecture, engineering, and construction (A/E/C) industry, more and more A/E/C firms are considering new business strategies to gain a competitive market advantage, while still taking care of the needs and requirements of their customers. A new class of strategies, time‐based competition (TBC) strategies, responds to the new competitive conditions of the market today, identifying time as the most critical variable in today's competitive arena. Although these strategies have been extremely successful for an increasing number of firms in the industrial and service sector, A/E/C firms have not fully realized their strategic importance in gaining a competitive edge in the market. This paper describes some isolated examples of limited application of TBC in the A/E/C Industry, and introduces a conceptual framework for the implementation of TBC as a strategic tool for gaining a competitive advantage.
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Information & Authors
Information
Published In
Journal of Construction Engineering and Management
Volume 119 • Issue 4 • December 1993
Pages: 785 - 800
Copyright
Copyright © 1993 American Society of Civil Engineers.
History
Received: Nov 18, 1992
Published online: Dec 1, 1993
Published in print: Dec 1993
Authors
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