The pandemic exacerbated a number of familiar construction industry challenges and introduced new ones. While the construction industry might be past the crisis phase when work came to a halt, many of the challenges that … about How Owners Are Overcoming Their Biggest Challenges
Many companies are increasing pay rates, improving benefits and using professional search firms to fill out their ranks. Others are getting more aggressive by training their way out of shortages. For some companies, that means … about Staff Up By Retraining Existing Workforce
Subcontractors can improve their resilience by having a diverse customer base. Here are strategies you can use when you want to work directly for owners without damaging your general contractor relationships.
Every construction project involves risk, and managing that risk while protecting a company’s profit margins, reputation, and people is just one of a CFO’s many responsibilities. In order to ensure a company doesn’t bite off … about Rule Number One as an Exec Overseeing Capital Projects: No Surprises
Profitability and efficiency go hand in hand in construction, but it’s next to impossible to be operating on all cylinders if your teams aren’t on the same page.
Some of the biggest construction issues arise from a lack of visibility of potential budget and project risks. Many projects also suffer from communication issues among stakeholders.
It used to be that contractors could just focus on their own employees when doing workforce planning. However, with the nature of work changing even in construction, some experts say workforce planning needs to go … about Why Workforce Planning is More Important than Ever in Construction
Performance is about doing the job right the first time, but nearly a third of all work is fixing items initially done incorrectly. Rework can have a devastating impact on productivity, profitability, and performance, accounting … about Information Delays Between You And The Field Could Be Hurting Your Projects
Getting information to and from the field promptly requires linking all aspects of your technology stack. Yet, only 18% of construction and engineering companies report that they have full integration of their construction technology. That’s … about Beat Communication Chaos by Empowering the Field with the Right Information at the Right Time
The foundation for change management is effective communication. For this to work, you’ll need to rely on both effective interpersonal communications and effective communication processes.