Enhancing construction organizations' performance through strategic decision-making: unveiling the mediating role of quality of information

被引:1
作者
Moshood, Taofeeq Durojaye [1 ]
Rotimi, James O. B. [1 ]
Shahzad, Wajiha [1 ]
机构
[1] Massey Univ, Sch Built Environm, Auckland, New Zealand
关键词
Quality of information; Strategic decision-making; Construction organizations; Strategic management; FINANCIAL PERFORMANCE; DISCRIMINANT VALIDITY; LABOR PRODUCTIVITY; TACIT KNOWLEDGE; MANAGEMENT; RESOURCES; CRITERIA; IMPACT; MODEL; IMPLEMENTATION;
D O I
10.1108/IJOA-01-2024-4228
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
PurposeFormulating strategic decisions poses a significant challenge for construction organizations, profoundly impacting their overarching strategic management. The success of an organization's strategy relies on how information is managed and decisions are executed. However, the literature has a limited understanding of the connection between information quality and strategic decision-making, particularly in construction business performance. This study aims to bridge this gap by exploring how information quality mediates the relationship between strategic decision-making and the performance of construction businesses in New Zealand.Design/methodology/approachThis quantitative study aims to fill this gap by assessing how information quality shapes strategic decision-making practices, impacting construction organizations' performance. Analysing 102 viable responses through partial least squares structural equation modeling structural equation modelling offers partial support to the research framework.FindingsThe study used statistical analysis to gauge the impact of adopting strategic management practices on construction business performance, considering the mediation of the quality of information within New Zealand's context. It affirmed a positive correlation between strategic decision-making management and construction business performance, underpinned by the mediation of quality of information.Practical implicationsThis study underscores the critical role of information quality in evaluating strategic decisions for bolstering construction business performance. In essence, it affirms that enhancing the performance of construction organizations via strategic decision-making is intrinsically linked to the quality of information.Originality/valueThis study makes a noteworthy contribution by establishing connections between decision importance, process effectiveness, information quality, intuition in decision-making and model development, providing valuable insights to the field.
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页数:36
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