Investments That Could Raise Productivity 2023-24 According to data from Cemex Ventures, investments in the construction tech ecosystem reached a record $4.5B in 2021, triple the amount invested in 2020. What will finally move the productivity needle from stagnant to...
Construction Productivity In The News and Economic Research I'm following up on my prior post about the New York Times article on Construction's productivity crisis. That article just scratched the surface of the issues of why unit output per cost has not improved in...
Pay attention when the New York Times covers construction. We're not an industry that they usually give attention to unless something is going terribly wrong. What Ails Construction Productivity... "We’re getting worse at construction" is a good attention grabber. The...
Communications that Drive Digital Transformation & Usage As we discussed before, construction executive management is generally risk and change averse, a slow and late adopter of technology, often for good reason. But once technologies have got their foot in the...
Uniting HQ and Jobsite Operations Is Essential In a time with an historic shortage of workers, Construction executives need behaviors to change in order to realize essential productivity benefits. The HQ and Field divide must be closed. A recent Trimble/Dodge report...
Get Started with Construction Management Innovation A program is an sequence of interrelated projects. You run a project business, so this digital innovation stuff should be like riding a bicycle, right? Maybe not, especially when your projects operate more like...
Case Study: Using Jobsite Data during Execution & After We'll finish this series not with more theory, but practice. What follows is a real life case study, a how-to for using real time jobsite attendance data on a high risk, time critical tenant improvement...
Construction's Culture is Conservative & Risk Averse Construction is an industry constituting a bit more than 6.5% of USA GNP – over $1 trillion dollars. Yet it has at best modest profit margins in comparison to other industries. Its management culture is known...
Digital Innovation Is Difficult for Field Operations We believe the biggest obstacle to digital innovation and adoption in Construction and other hard-hat / safety conscious industries is field operations. Headquarters, more likely than not, is already largely...
Digital Jobsite Management is Coming Digital means using data and software to make better decisions faster, more efficiently, for greater profit. Other industries have shown the way, but it’s happening in construction slowly for many reasons, mostly cultural, in our...
