Abstract
Smart construction enterprises are the key subjects in the development and practical transformation of smart building technology, and their sustainable development has been a hot research topic in the new era. In the context of the new round of technology and industrial revolution, the rapid accumulation of development uncertainties and their possible transformation into risks at any time, as well as the ambiguity of growth mechanisms and the loss of strategies, have become major challenges that may constrain the development and strategic management of enterprises. Based on SWOT, BCG, GE, QSPM and principal component analysis methods, this paper constructs a new framework combining theory and practice organically for quantitative identification and evaluation of influencing factors, and analysis of strategy selection and the decision-making process. It will provide a scientific basis for sustainable development and strategic management of smart construction enterprises. DK Company is a typical smart building enterprise in China, and the results of its empirical study show that: Firstly, the 28 variable elements influencing the sustainable development of smart construction enterprises can be summarized into six key factors, with significant differences in their influence, and the external influence far greater than the internal driving force. Secondly, a priority set of six alternatives for strategic decision-making and implementation is proposed, based on the quantitative strategy selection and matching analysis, which improves the accuracy and practicality of the study findings.
Highlights
Smart construction enterprises are the key subjects in maintaining the health of the smart building industry
Based on SWOT, Boston Consulting Group (BCG), GE, quantitative strategic programming matrix (QSPM) and principal component analysis methods, this paper refines the elements influencing the sustainable development of smart construction enterprises in China into 28 variables and six key factors, and further proposes a strategy priority set consisting of six alternative strategy options
In terms of the influence of comprehensive factors, there is a significant difference in influence between key factors, and the external force is far greater than the internal driving force
Summary
The smart building is a typical example of a perfect combination of traditional industries and high-tech industries, which has opened up new development and application fields for information technology, while promoting the development of the construction sector. Smart buildings are bringing revolutionary or even disruptive changes to the whole industry, involving the reconfiguration of factors, modes and relations of production, including the transformation of enterprise technology and management. As an engine for upgrading and innovative development of the construction industry in the new era, smart buildings are promoting the transformation of the construction sector from a labor-intensive, traditional form to a technology-intensive, knowledge- and management-intensive emerging industry
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