A Prioritization Model of Strategies for Small and Medium Firms in Less-Developed Countries: A Tanzania Case

Table 9

Rotated component matrix of prioritized strategies.

Code	Strategies	Component clusters
		1	2	3	4	5	6	7
	A: resources (R)
OS1	Establish and provide support to firms to access finance and loan							0.814
OS4	Invest in technology and establish technology transfer centre							0.838
OS19	Employ competent and technical employees							0.861
OS5	Optimization of local quality construction materials							0.763
OS18	Establish construction equipment centre							0.891
	B: capability building (CB)
OS6	Facilitate training for capacity building		0.705
OS10	Enhance networking to share experience		0.669
OS7	Adopt joint venture and partnership with an overseas firm		0.886
	C: operational (O)
OS11	Ensure resource availability, allocation, and utilization			0.631
OS3	Adhere to low firm operational cost			0.787
OS13	Ensure employee’s right working environment			0.789
OS2	Adopt a low bidding price strategy			0.771
	D: government policy (G)
OS17	Policy on compulsory joint venture						0.696
OS12	Training certification by government						0.595
OS9	Implement tax reduction policy of imported equipment and materials						0.741
OS8	Policy formulation of construction bank establishment						0.740
	E: design (D)
SCP1	Employ a competent design expert				0.800
SCP21	Gather a complete design requirement for client and stakeholders				0.681
SCP4	Allocate a balanced design resources				0.723
SCP2	Integrate design team with another related department				0.729
	F: procurement (P)
SCP15	Reviewing the conflicting procurement policy, laws, and regulations					0.791
SCP11	Adopt an electronic-tendering system to reduce a bidding cycle time					0.698
SCP7	Adherence to procurement ethics and code of conduct					0.717
	G: construction management (CM)
SCP10	Resource (finance, schedule, material, and equipment) management	0.903
SCP18	Quality assurance (standard and specification)	0.798
SCP12	Select a competent, experienced, and accessible contractors	0.789
SCP16	Adoption of modern construction technique	0.762
	Note: (1) initial eigenvalues	6.887	3.328	1.422	1.316	1.184	1.017	1.279
	(2) Percentage of variance (%)	31.306	15.129	6.464	5.984	5.383	4.625	4.431
	(3) Cumulative percentage of initial eigenvalues	31.306	46.435	52.899	58.883	64.265	68.890	73.321