Towards systemic transformation in the construction industry: A complex adaptive systems perspective
No Thumbnail Available
Access rights
openAccess
publishedVersion
URL
Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
This publication is imported from Aalto University research portal.
View publication in the Research portal (opens in new window)
View/Open full text file from the Research portal (opens in new window)
Other link related to publication (opens in new window)
View publication in the Research portal (opens in new window)
View/Open full text file from the Research portal (opens in new window)
Other link related to publication (opens in new window)
Date
2024
Department
Major/Subject
Mcode
Degree programme
Language
en
Pages
28
Series
Construction Innovation: Information, Process, Management, Volume 24, issue 7, pp. 341-368
Abstract
Purpose: This study aims to investigate the strategies that successful companies in the construction industry use to achieve systemic transformation within their value chains and broader ecosystems. This study focuses on understanding how these companies navigate the challenges of a mature and slow-changing industry through innovative approaches. Design/methodology/approach: A multiple case study design is used to analyze the systemic innovation dynamics across construction subsystems, through the lens of Complex Adaptive Systems theory. This research involves an empirical examination of nine case companies, selected based on their innovations in at least two construction subsystem areas and markers of success such as growth, profitability or invested capital. This methodology facilitates a detailed understanding of the company-level transformation. Findings: This study identifies four distinct development paths toward systemic transformation within the construction industry: product-driven, product platform-driven, process integration-driven and business model-driven. These paths are characterized by unique strategies integrating technology, optimizing processes and innovating business models, demonstrating how companies can effectively adapt to and evolve within the construction ecosystem. Originality/value: This research contributes original insights into company strategies and how they achieve systemic transformation. This study expands existing knowledge on systemic transformation in the construction industry by integrating empirical evidence with theoretical frameworks, offering a novel perspective on how successful companies innovate within a traditionally slow-changing sector.Description
Keywords
AEC industry, business model, construction, strategy, systemic transformation, Business model, Construction, Systemic transformation, Strategy
Other note
Citation
Uusitalo, P, Peltokorpi, A, Seppänen, O & Alhava, O 2024, ' Towards systemic transformation in the construction industry: A complex adaptive systems perspective ', Construction Innovation: Information, Process, Management, vol. 24, no. 7, pp. 341-368 . https://doi.org/10.1108/CI-01-2024-0015