A correlation study of management development practice and construction firms’ performance: A conceptual review

Abstract

Human assets are the soul of any service organization; this is more pertinent in changing work environments like construction firms’ (CFs’). Among the human resources in CFs’, construction managers are rated as the most fundamental. This is because success of CFs’ performance largely depends on the quality of their construction managers. Despite their importance, there is inadequate literature that explores the relationship between management development practice and construction firm performance. The purpose of the study is to establish a relationship between management development practice and construction firm performance through a literature search. Therefore, the study concluded that there is an existing relationship between management development practice and construction firms' performance. Similar to the attention given to profit-making, the study recommended that construction firms should invest more in developing the competence of their construction managers due to their essential role in managing other resources.