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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Leveraging the Virtual Concept to Improve Value Delivery: Some Lessons from Hong Kong

Leveraging the Virtual Concept to Improve Value Delivery: Some Lessons from Hong Kong
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Author(s): O. K.B. Barima (University of Hong Kong, Hong Kong) and S. M. Rowlinson (University of Hong Kong, Hong Kong)
Copyright: 2005
Pages: 4
Source title: Managing Modern Organizations Through Information Technology
Source Editor(s): Mehdi Khosrow-Pour (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-822-2.ch030

Abstract

This paper reports on some lessons learnt from empirical studies done in Hong Kong on the application of the virtual concept to improve value delivery. Selected cases in the construction industry are presented, focusing on the: nature, improvements, or failure and challenges encountered for analysis. Although, the virtual concept may have the potential to improve on efficiency and provide cost savings, there is the need to account for critical issues like local dominant attitudes and work environment, compatibility of applied technology, comprehensive risk and change management, and adaptation of technology to the specific needs of the industry to improve the chances of attaining any perceived value expectations from the concept.

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