Strategic Management Practices and its Challenges: The Case of Ethiopian Consulting Architects and Engineers Firms
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Date
2021-08
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Addis Ababa University
Abstract
The very objective of the research was to identify the level and the challenges of strategic
management practice in the Ethiopian construction industry consulting firms. Literatures
show that strategic management is an important approach for a long-term performance of an
organization. It is beneficial in forming a sustainable business organization and advances
professionalism if incorporated to the business following best practices.
Qualitative approach was used for data gathering to enable the researcher collect an in depth
thought of the participants. Qualitative data were collected from fourteen consulting office
respondents having managerial or technical director position. The qualitative data analyzed
thematically to draw results and conclusions.
The key findings show that the practices of strategic management in consulting firms were
not matured after tested according to the fundamental stages. The lack of knowledge and
commitment was found the reason for consultants failing to embrace strategic management in
their service provision in addition to the challenging market system due to the weak
regulation of the industry. The recommendation forwarded both for consultants and
regulatory body or policy makers. Consultants are recommended to raise the conception and
application of strategic management and to assess their competitive advantage in the industry.
Regulatory body or policy makers are also recommended to work to provide enabling market
system that appreciates the application of strategic management practice
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Keywords
strategic management practice, consultant, consulting Architects & Engineers firms