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Analysis of Safety Management Characteristics Using Network Analysis of CEO Messages in the Construction Industry

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  • Yun Gil Choi

    (Graduate School of Management of Technology, Sungkyunkwan University, Chunchundong 300, Suwon 440-746, Korea)

  • Keun Tae Cho

    (System Management Engineering & Graduate School of Management of Technology, Sungkyunkwan University, Chunchundong 300, Suwon 440-746, Korea)

Abstract

Chief executive officer (CEO) messages are important in communicating with employees. In terms of sustainability management, it is important to study these messages for their finance and safety content; however, previous studies have focused mostly on the financial aspects. Therefore, our approach is to: (1) focus on safety management, (2) use text mining and network analysis to extract the keywords emphasized by the CEOs, (3) analyze safety management characteristics through factor mapping and network analysis, (4) make recommendations. When the results from the CEO communications of 100 global construction companies were reviewed, keywords including “management”, “value”, “employee”, “system”, “project”, “culture”, “new”, “occupational”, “practice”, and “basis” were deduced. The words “management”, “employee”, and “culture” were the common keywords considered important by CEOs and were highlighted in literature reviews as significant words. Both the deduced keywords and the words deemed important by the CEOs have similar connotations. Motivation, Rules and Regulations, and Resources and Equipment were the factors that exhibited the highest centrality, while Culture and Climate had a structurally high connection. Based on our results, we suggest selecting appropriate words to form consensus with the workers, supplementing the factors related to safety investment with low centrality, and using direct “safety” words, and other relevant words.

Suggested Citation

  • Yun Gil Choi & Keun Tae Cho, 2020. "Analysis of Safety Management Characteristics Using Network Analysis of CEO Messages in the Construction Industry," Sustainability, MDPI, vol. 12(14), pages 1-18, July.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:14:p:5771-:d:386041
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    References listed on IDEAS

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    Cited by:

    1. Jongdo Jeon & Keun Tae Cho, 2021. "Differences in Readability, Keywords, and Orientation of Mission Statements of the Top 100 Korean and Top 100 US Traditional and Innovative Companies," Sustainability, MDPI, vol. 13(18), pages 1-24, September.
    2. Yunseok Hong & Keuntae Cho, 2024. "Differences in CEO Communication Strategies between High- and Low-Performing Firms in the Global Auto Parts Industry," Sustainability, MDPI, vol. 16(8), pages 1-19, April.
    3. Young Yoo & Keuntae Cho, 2024. "Key Traits of Leading Sustainable Firms in the Semiconductor Industry," Sustainability, MDPI, vol. 16(11), pages 1-21, May.
    4. Yongkyu Choi & Keun Tae Cho, 2021. "Analysis of Environmental Management Characteristics Using Network Analysis of CEO Communication in the Automotive Industry," Sustainability, MDPI, vol. 13(21), pages 1-23, October.
    5. Hyun Jung Kim & Keun Tae Cho, 2022. "Analysis of Changes in Innovative Management of Global Insurers in the Pre- and Post-COVID-19 Eras," Sustainability, MDPI, vol. 14(16), pages 1-21, August.
    6. Kyungkook Kim & Keun Tae Cho, 2021. "A Review of Global Collaboration on COVID-19 Research during the Pandemic in 2020," Sustainability, MDPI, vol. 13(14), pages 1-23, July.

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