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Article
Publication date: 20 April 2010

H.K. Gichunge, S.M. Masu and O.A. K'Akumu

The purpose of this paper is to look at the applications of factor cost indices in the building industry in Nairobi, Kenya against the possibilities established through a review…

696

Abstract

Purpose

The purpose of this paper is to look at the applications of factor cost indices in the building industry in Nairobi, Kenya against the possibilities established through a review of the principles so as to establish the extent of use in practical situations in the industry. There are two organisations involved in compilation of factor cost indices in Kenya – Central Bureau of Statistics and Joint Building Council (JBC). Their practices for compilation of factor cost indices are reported in this paper.

Design/methodology/approach

The paper reviews the principles of factor cost index in order to establish a conceptual framework within which practices are then evaluated. The statistical bureau's compilation of building cost indices and the instructions by the JBC are considered as available evidence of application.

Findings

The paper finds that the application of factor cost index in Kenya is limited, a situation that therefore demands more research by the construction industry in Kenya.

Originality/value

The research's originality lies in its supportive evaluation of the application of the indicator concept in the building industry. More applications would imply greater possibilities for research and development within the case study industry.

Details

Journal of Financial Management of Property and Construction, vol. 15 no. 1
Type: Research Article
ISSN: 1366-4387

Keywords

Content available
Article
Publication date: 20 April 2010

Akintola Akintoye and Jim Birnie

270

Abstract

Details

Journal of Financial Management of Property and Construction, vol. 15 no. 1
Type: Research Article
ISSN: 1366-4387

Article
Publication date: 1 November 2022

Aizaz Ahmad Malik, Dilnaz Muneeb, Noman Khan, Muhammad Usman and Khawaja Fawad Latif

This study investigated the impact of servant leadership on project success in nongovernment organizations (NGOs) working in a developing country like Pakistan. A moderated…

1061

Abstract

Purpose

This study investigated the impact of servant leadership on project success in nongovernment organizations (NGOs) working in a developing country like Pakistan. A moderated mediation design was employed, and the mediating role of employees' emotional intelligence (EI) and job stress (JS) was tested between servant leadership on project success. Moreover, the study also examined the moderating role of team effectiveness.

Design/methodology/approach

Data were collected from 441 project team members working on different developed projects. Data were analyzed using partial least square-structural equation modeling (PLS-SEM) technique.

Findings

Results revealed that servant leadership exerts a significant positive impact on project success. Also, it is noted that servant leadership significantly increases the employee's emotional intelligence that contributes to project success although it does not reduce JS. However, JS was found to be a significant mediator in the association between servant leadership on project success. The findings also revealed that team effect plays an imperative moderating role in ensuring project success.

Originality/value

The study is one of the very few studies conducted to assess the impact of servant leadership on project success in not-for-profit organizations. The study contributes to the literature and methodology by adopting a holistic approach to investigate the mediation of EI and JS along with the moderation of team effectiveness in the nexus of servant leadership and project success.

Details

Leadership & Organization Development Journal, vol. 43 no. 8
Type: Research Article
ISSN: 0143-7739

Keywords

Article
Publication date: 10 May 2022

Ernest Kissi, Clinton Aigbavboa and Prosper Babon-Ayeng

The purpose of this study was to identify key areas for benchmarking (BM) towards the improvement of small and medium scale enterprises (SMEs) construction firms in developing…

Abstract

Purpose

The purpose of this study was to identify key areas for benchmarking (BM) towards the improvement of small and medium scale enterprises (SMEs) construction firms in developing countries.

Design/methodology/approach

The study employed the use of the quantitative research method in the collection and analysis of primary data collected from field surveys using a piloted close-ended questionnaire created following a review of available literature on BM. Based on 63 solicited views of professionals with SMEs (quantity surveyors, project managers and architects) data collected were statistically analysed using a one-sample t-test.

Findings

The findings of the study indicate that the key areas for BM towards the improvement of SME construction firms in developing countries in order of relevance are “Financial Performance”, “Competitiveness”, “Customer Satisfaction”, “Technology Advancement”, “Communication Skills”, “Collaboration”, “Employee Satisfaction” and “Product orientation”.

Practical implications

The study has given more insight into the areas that need more attention for SMEs BM to achieve improvement. It can therefore be suggested firms that adapted identified areas will derive the benefits of BM. It is further opined that more BM education should be provided to various SMEs construction firms to facilitate an effective and efficient BM regime aiming at performance enhancement in project delivery.

Originality/value

This forging research attempts to identify the key areas for BM towards the improvement of SMEs construction firms in developing countries. Although there have been several efforts to create BM tools for the construction industry.

Details

International Journal of Productivity and Performance Management, vol. 72 no. 9
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 8 March 2022

Diana Ominde, Edward G. Ochieng and Vincent O. Omwenga

The aim of this study was to appraise the delivery of information communication technology (ICT) projects and identify key determinants for stakeholder integration.

Abstract

Purpose

The aim of this study was to appraise the delivery of information communication technology (ICT) projects and identify key determinants for stakeholder integration.

Design/methodology/approach

Given that empirically, little was known about stakeholder integration in the ICT sector and its influence or effect on project delivery; qualitative method was used. Forty-seven semi-structured interviews were carried out to derive senior project practitioners and policymakers' constructs of stakeholder integration and infrastructure performance improvement of ICT projects. The verification and validation of the proposed assessment tool were achieved through the use of focus group discussion.

Findings

As established in this research study, there is a need for project delivery teams to evaluate the level of stakeholder integration, the formulation of a project business case, the project processes and issues of compliance and regulation in ICT projects. What is evident in the findings of the study is that the management model adopted for the stakeholders in the Kenyan ICT sector ought to make communication the fulcrum of their engagement.

Originality/value

The inferences made herein are critical in contributing to knowledge regarding the ICT infrastructure project management terrain in developing countries. There is evidence in the study to conclude that the concept of stakeholder management and integration has implications for the sustainability of ICT projects. One of the issues that predominantly featured in the research was the input of stakeholder integration in terms of project sustainability.

Details

International Journal of Productivity and Performance Management, vol. 72 no. 7
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 1 July 2005

Richard Heaney

This paper analyses the value to a poorly diversified risk‐averse executive of a compensation package consisting of a risk free asset, restricted stock and stock options. The…

1652

Abstract

This paper analyses the value to a poorly diversified risk‐averse executive of a compensation package consisting of a risk free asset, restricted stock and stock options. The Lambert, Larcker and Verrecchia (1991) model is extended to include leverage and this facilitates comparison of cost to the firm and benefits to the executive of restricted stock and stock options. It also provides insight into the impact of executive risk aversion, firm leverage and underlying as set volatility on the value of a compensation package in the hands of the executive.

Details

Managerial Finance, vol. 31 no. 7
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 2 November 2012

S. Masu, H. Gichunge and O.A. K'Akumu

The aim of this paper is to use the case study of Nairobi in Kenya in order to fill the gap of knowledge on the component ratios of new building costs that has been missing from…

407

Abstract

Purpose

The aim of this paper is to use the case study of Nairobi in Kenya in order to fill the gap of knowledge on the component ratios of new building costs that has been missing from international literature.

Design/methodology/approach

Using survey methodology that considered firms of contractors registered and operating in Nairobi Kenya, the paper compares its findings rendered in terms of percentage ratios: with theoretical propositions (e.g. Wood), with past studies (e.g. Knowles) and with practice guidelines in Kenya.

Findings

Overall it finds that there is no significant change in percentage component ratios considered from past studies and practice guidelines in Kenya leading to the conclusion that the building industry has not undergone any significant technical change during the periods under study, i.e. 1980‐2006.

Research limitations/implications

The study is limited by the fact that it only manages to capture the contractors' views of the component ratios. Contractors may be inclined to hide their profits which can be a sensitive issue in the Kenyan market, which as a developing economy, may be riddled with corrupt practices such as tax evasion and imperfect business competition. However, the issues raised here can be used as base information for further studies on the topic. Additionally an analysis of variance was performed on the data to ascertain its credibility. Second, the data used to argue the paper's case is partially dated but remains useful. The trend shows that there has been no significant change in the composition of component ratios hence the data remains relevant to date.

Practical implications

The paper's findings would be useful to international readers especially now that international contractors are bidding for work in Kenya. The data would give these contractors a glimpse into the structural composition of building cost components in Nairobi.

Originality/value

The paper's original contribution concerns the component ratios of building costs that has been neglected in the existing literature. In Kenya some work had been done by Knowles, but this was restricted to office block buildings only, while this paper considers all buildings as shown in Table V.

Details

Journal of Financial Management of Property and Construction, vol. 17 no. 3
Type: Research Article
ISSN: 1366-4387

Keywords

Article
Publication date: 10 September 2020

Stacy Blake-Beard, Mary Shapiro and Cynthia Ingols

The purpose of this paper is to explore the relationship between leaders’ expressed traits and their impact on their country’s COVID-19 outcomes. Some leaders are over relying on…

7038

Abstract

Purpose

The purpose of this paper is to explore the relationship between leaders’ expressed traits and their impact on their country’s COVID-19 outcomes. Some leaders are over relying on masculine traits and dismissing feminine traits. An alternative – androgynous leadership – supports leaders in drawing from the full portfolio of behaviors.

Design/methodology/approach

This paper has a theoretical approach using an extensive review of the literature.

Findings

Leaders can take a number of actions to fully embrace androgynous leadership. These actions include building a diverse “tempered” team, communicating with respect, recognizing the impact of framing and moving from autopilot to realizing their best androgynous self.

Research limitations/implications

Research limitations include a critique of Bem’s framework as outdated and dichotomous; a categorization of feminine, masculine and neutral behaviors that is determined by the authors; and a focus on leadership style that does not take other dimensions, such as health-care systems, into account.

Practical implications

The authors propose that an “androgynous” leadership style has been used effectively by some political leaders around the globe in the COVID-19 crisis. The COVID-19 context has provided a laboratory for developing and building competence as androgynous leaders.

Social implications

The mental capacity to look at a situation, pause and explicitly select effective behavior is necessary, but oftentimes, it is not put into practice. By not drawing from a larger portfolio of androgynous behaviors, the opportunity for leaders to their best work is missed.

Originality/value

There is an acknowledgement of the benefits of the combination of masculine and feminine leadership traits. There are also clear recommendations supporting leaders in developing their androgynous leadership skills.

Details

Gender in Management: An International Journal , vol. 35 no. 7/8
Type: Research Article
ISSN: 1754-2413

Keywords

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