한국 건설기업의 글로벌 EC화 전략

Global Engineering-Construction Strategies for Korean Construction Companies

&nbsp;&nbsp;Korean construction companies have strived to evolve to global Engineering Construction (EC) companies since the early 1990&quot;s. However, such efforts were unsuccessful partly due to unclear objectives and a misunderstanding of the direction that needed to be taken for such a change. A better understanding is required with respect to the need for transforming to a EC company in the context of the rapidly changing global construction environment. This research investigates major EC companies of the world and also the status of domestic companies&quot; effort for EC transition.<BR>&nbsp;&nbsp;Results of the investigations revealed that domestic firms need to better prioritize their strengths depending on different markets, i.e., decide whether to implement directly, outsource or limit to process management. In addition, the investigations showed that the global market is shifting from monolithic projects such as individual bridges or buildings to more complex projects such as "new towns", mixed-use developments, and railway construction. Such projects require firms the ability to develop and implement high front-end investment strategies, program management and planning capabilities, and pre-design management skills. Thus, we recommend that firms differentiate themselves by developing such a skill set required for specific products.<BR>&nbsp;&nbsp;In conclusion, firms need to view EC transitions not as an isolated issue but view it as an integrated concept and as a necessary step process to prosper in the global market. As a service industry, firms must constantly transform itself to meet the needs of its customers. To meet these new needs, firms need to develop strategies that best utilize their capabilities through careful section and focus of sectors in the global market.