CONSTRUCTION INDUSTRY MANAGEMENT: ITS GOAL AND CONDITIONS OF ITS EFFICIENCY
Pages 181 - 186
The author of the article argues that the Russian construction industry is in need of an effective management system. The essence of the potential management system is that the management impact, irrespective of its origin, must be recognized by individuals as a deliberate need that will bring them particular economic benefits.
Management of the construction industry as one of the most important constituents of the real economy may turn efficient in the event that it is in control of its production, real property and investment constituents in both, so to say, "horizontal" and "vertical" directions. Investment relations run through principal construction operations and any related activities; therefore, they must be represented in the functional responsibilities of the Ministry of Regional Development that is in control of the construction industry.
The construction market accommodates various legal entities. Most of them are controlled by co-owners whose work is under the control of management partners. It is essential that any economic levers that they possess are not predominant. It is vital for any decisions that they propose to be supported by other co-owners (or their majority). And this is feasible in the event of good business relations between the parties.
DOI: 10.22227/1997-0935.2012.5.181 - 186
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