Abstract
This chapter considers three broad questions. First, how key areas of strategies of firms differ from those described in The Modern Construction Firm1 for which interviews were conducted mostly in 1986. This was at a time when the industry had experienced rising output for five years. Output continued to rise to 1990 from whence it fell to 1993. Secondly it compares in broad terms the results of this survey with another on the effects of recession on construction and with one on the effects on UK quoted companies. Thirdly it considers the question of whether the firms are fitter and leaner to cope with the demands to be put upon them or whether they are weaker and thinner and will he unable to respond effectively to future changes in the level or structure of demand.
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References
Hillebrandt, Patricia M. and Cannon, Jacqueline The Modern Construction Firm (London: Macmillan, 1990).
Geroski, P.A, and Gregg, P., ‘Coping with the Recession’ National Institute Economic Review, November 1993, pp. 64–75.
Hillebrandt and Cannon, op. cit.
Ibid.
Lansley, P., and Quince, T., ‘Organisational Responses to a Major Recession’, Construction Papers, Vol. 1, No. 2, 1981, pp. 5–16.
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© 1995 Patricia M. Hillebrandt, Jacqueline Cannon and Peter Lansley
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Hillebrandt, P.M., Cannon, J., Lansley, P. (1995). Review of the Survey. In: The Construction Company in and out of Recession. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24195-8_8
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DOI: https://doi.org/10.1007/978-1-349-24195-8_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-61771-7
Online ISBN: 978-1-349-24195-8
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