The most special thing is construction business is far different from other business, it doesn’t like other business require a number of fixed assets like land, building, industrial machinery and so on. It can theoretically run even without the need for an office. For example, the machinery and personnel can be hired depending on the construction project, the site can be bought using borrowed capital and customer can buy the units through bookings, periodic work completion contracts and et cetera. The construction industry is strongly patronized by politicians and government entities in most developing and underdeveloped
Sustainability within the Construction Industry How can the construction industry meet its environmental and social responsibilities as well as increasing profitability? The industry is constructed of skilled workers who are involved with production, development, planning, designing, constructing and maintaining the built environment. This also includes the manufacturers and suppliers of building materials as well as customers and end use inhabitants (Building Research Establishment, 2018). Sustainability within the construction industry is about guaranteeing an improved quality of life for everybody, today and for years to come. This can be achieved by recognising the needs of everyone, maintaining stable levels of growth and employment alongside safeguarding and if achievable, enriching the environment whilst using natural resources efficiently.
It has also been found that about 14% of the firms are going for new projects. Interior designing jobs have increased by about 51% in Europe, while Asia and Pacific Rim have declined by 25%. However, China seems to be going strong in this domain. When we talk about US, which accounts for 78% of total projects most of the projects come from Northeast and South and on the West Coast. Most of the issues pertaining to the interior design firms encompass: • 60% of the firms believe that creating new business / diversifying into new services or segments is a big problem • 43% of the firms are worried about recruiting qualified staff • 41% of the firms are not confident of their marketing capabilities • 40% of the firms are facing problems with training staff • 22% of the firms have problems with offering staff an apt pay package and benefits • 20% of the firms are finding it difficult to retain qualified staff • 13% of the firms are facing problems in keeping track of profits and expenses (Reference:
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The economies of many developing countries are currently confronted by severe difficulties owing to a combination of lower commodity prices, higher energy costs, falling exchange rates and rising inflation. At the same time, the countries face immense social problems (including a rising urban population and unemployment) which are putting pressure on the nation’s resources and capabilities. The construction industry in a typical developing country is facing reduced levels of demand as a result of adjustment programmes which invariably involve cuts in governments’ capital investment. The challenge, as Ofori (1993) suggests, is that the construction industry should do well despite the severe constraints in its operating environment. There is a growing awareness among developing countries about the significance of infrastructure supply and capacity building in construction for socio-economic development in general, and for the effective implementation of poverty reduction initiatives, in particular.
Process has to do with series of activities that are linked or connected. So the process of new product development has to do with the various step NPD team undergo to bring a new product/ service into the market. THE PROCESS OF NEW PRODUCT DEVELOPMENT According to Kotler et al. 2008: 254 stated in order to create successful new products, a company must understand its consumers markets and competitors and develop products that deliver superior value to consumers. The company must ensure that they plan about the new product and set a systematic new product development process for bringing new products in the markets.
This has a very adverse impact on the planet and changes the natural cycle in a negative manner. Hence, learning to construct buildings and monuments in an environmental friendly way is extremely important for sustaining life on the planet. Through better planning and architecture, a lot of wastage can be avoided and green fields and natural fertile lands can be left as such without using them for construction purposes. Thus, the architects play a very important role in developing a sustainable design. In
While the shift from cubicles and offices to open environments and remote working are already being implemented by companies today, the buildings in which companies will continue to operate will see huge technological advancements. The world will be so technologically advanced in 2050 that everything, even buildings in which companies operate, will be “smart.” According to Lawrence Berkeley National Laboratory, “Buildings are the largest contributors to global carbon emissions, accounting for about 40 percent of the world’s total carbon footprint.” Companies have already begun to realize that their social impact goes far beyond business. Social Responsibility in today’s working world is an extremely important matter not only because it creates a good image for a company, but also because it ultimately helps preserve the earth. Social awareness will be an even greater aspect that companies will focus on achieving in 2050. The need for smart building is beginning to catch on with big name companies like IBM and Microsoft, and for good reason.
3) Was the agreement durable? 4) Did the collaborative process lead to a great substantial agreement? 5) Did the collaborative process enhance the capacity of influenced stakeholders to solve problems and resolve conflicts? 6) Did the collaborative process facilitate the achievement of shared values that successively make other problems easier to solve and reduce conflict? In this context, any evaluation of a collaborative governance approach will require taking into account both process and outcome levels.
Building Infrastructures: Perspectives and Challenges of Filipino Architects Falame, Gerrie, Lomio, Neil Brian, Relano, Brix Ian, Tagal, Stefani Manila Science High School 1. INTRODUCTION In this world full of skyscrapers and industrial buildings, architecture still has an essential role in modernization and industrialization. As the world changes, it demands more state of the art infrastructures and buildings that are capable of sufficing the needs of the rapidly growing industries. The area of architecture serves as the foundation of modernization through its artistic and systematic approach in terms of construction and modifications, keeping the pace of the world towards modernization, industrialization and urbanization. According to Kohlstedt, Rogers and Levenstein (2007), architecture has been known for being the foundation of complex constructions and carefully designed structures.