The collapse of contracting giant Carillion offered a lesson for the construction sector. It reminded the industry of the need to carry out jobs for the right amount of money and to maintain good cash flow. It has also led to the sector looking at new technologies such as cryptocurrency to smooth out cash flow issues.
It’s imperative that the construction sector is representative of the society it serves
While the construction industry is booming, the sector has suffered the lowest productivity gains over decades. Understanding and harnessing the trends – while also resolving the challenges – will position your business for sustainable growth and performance.
Adaptability has been the key to success for many construction companies during the pandemic. Here are five industry challenges that can be turned into opportunities in 2022.
COVID has made businesses adapt to remote work, creating challenges regarding workplace culture and performance. Understanding these and implementing ways to maintain and build collaboration, motivation and productivity can have lasting positive results.
Building diversity in the construction industry isn’t simply about being “politically correct” — it’s smarter business in the longer term.
Construction activity generates around 10% of the world’s carbon emissions, with much of that coming from the heavy equipment used on building sites. That’s why it’s not surprising that the race is on to develop heavy machinery that can be powered by more environmentally friendly means than diesel.
Construction projects can range in size, but they all require extensive planning, and this in turn demands collaboration from an early stage, known as the pre-construction phase.
Geography no longer binds employees to a specific jobsite in many industries. Hybrid working arrangements are making this possible for construction, too.
For many organisations, working entirely or partly from home is the new normal. However, the challenges and opportunities remote working presents vary by industry and workplace. Changing the dynamic of your workplace is a significant undertaking, so we’ve put together some resources to help future-proof your workforce.
Accurately estimating construction costs is essential to determining the financial viability of your project at hand and overall business survival. With plenty of tools, books and resources available to support, here are a few places to start.
Construction is one of the fastest-growing industries in Australia and one of the biggest sources of managed waste. This five-step Waste Management Checklist helps all members of the building sector to play their part in a more sustainable future.
As the construction sector navigates a global pandemic, industry events are as critical as ever in facilitating opportunities to upskill and build connections. Here’s a list of upcoming events in Australia that are not-to-be-missed.
For the first time since the global COVID-19 pandemic began, construction workers in Australia were told to put down their tools. Now, as workers return to the jobsite with new restrictions and new safety protocols, we look to our North American neighbours to learn from their experience.