Identifying the key areas for benchmarking towards the improvement of small and medium scale enterprises (SMEs) construction firms in developing countries: the case of Ghana
International Journal of Productivity and Performance Management
ISSN: 1741-0401
Article publication date: 10 May 2022
Issue publication date: 10 November 2023
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.
Keywords
Acknowledgements
The authors thank their undergraduate research students for assisting in the data collection.
Citation
Kissi, E., Aigbavboa, C. and Babon-Ayeng, P. (2023), "Identifying the key areas for benchmarking towards the improvement of small and medium scale enterprises (SMEs) construction firms in developing countries: the case of Ghana", International Journal of Productivity and Performance Management, Vol. 72 No. 9, pp. 2518-2537. https://doi.org/10.1108/IJPPM-01-2022-0031
Publisher
:Emerald Publishing Limited
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