A New Approach to Welders´ Performance for Increasing Steel Structures´ Safety via Talent Management

People are the last weapon of competitive advantage in the global market today, and construction industry is not an exception. Safety and security in welding process comes from suitable instrument and proficiency of welders, providing appropriate machines and devices has huge cost for firms. Construction firms should be aware of value creation shift in global market which there is a shift of 62% for tangible assets in 1982 to only 10% in 2004. In spite of existing codes and regulations, most of structures do not have suitable detailed execution process in both design and construction. Due to the nature of construction industry, the project cost, safety, and time extremely depends on workers. Principal component analysis (PCA) was used as a statistical method for data reduction. Finally 4 main categories (Flexibility, Work Environment, Balance, and Accessibility) including 12 independent factors were obtained. It is recommended that steel structure firms´ managers develop firms´ strategy in accordance with these 12 factors to manage the talents (professional welders).