The Great Divide – The large tech implementation gap.

The Great Divide – The large tech implementation gap.

There’s been a lot of talk about the benefits of technology and BIM and how various digital solutions can help make construction safer and more efficient. But the number of companies forging ahead and actually implementing this technology seem to be in the minority. When asking industry role players why, the answer that is consistently…

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How can Tier 1 Main Contractors shape the industry for the better?

How can Tier 1 Main Contractors shape the industry for the better?

In decades past, industry performance was gauged by how the big players were performing, and since 2008 there have been few positive results. However, a new trend is emerging, with mid-size contractors showing higher margins and better productivity, despite the continuing challenging economic times. It’s been a wake-up call for the industry, and particularly tier…

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Heath check – Why it’s about more than showing a profit

Heath check – Why it’s about more than showing a profit

As Carillion has shown, posting large profits isn’t necessarily the best measure of success. Just months after doing just that, they closed their doors, the impact of which is still being felt in the industry. So if profits or even revenues aren’t the best measure of success, what is? What will give clients and subcontractors…

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What can make a difference to boosting profits in construction?

What can make a difference to boosting profits in construction?

The construction industry has taken a couple of hard knocks this year and while in some sectors prospects are looking up with increased output and funding becoming available for major infrastructure projects, contractors are not nearly out of the woods. With the recent report on the top 100 contractors reflecting poor profits it is clear…

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Brexit: Planning for the unknown

Brexit: Planning for the unknown

While the news carries reports of continued failure of Governments on both sides to reach agreement terms for Brexit, the deadline continues to creep closer. In just over 7 months, with or without an agreement in place, Britain will no longer be part of the EU. And exactly what this will look like in business…

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What style of leadership will move the construction industry forward?

What style of leadership will move the construction industry forward?

When considered, the construction industry is firmly entrenched in very traditional models of leadership. Ones that often take a very hierarchical and supervisory approach to managing teams. Communication is often a one way street with instructions being issued that need to be followed rather than discussion being encouraged. However, it’s becoming abundantly clear, given the…

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Act on late payments before it’s too late

Act on late payments before it’s too late

The issue of retentions and late payments has been in the spotlight more recently following the Carrillion collapse. But the reality is that this practice has been ongoing for years and it’s having a major impact on SME’s who make up an important sector of the construction industry. The tough current economic times are making…

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Construction Revolution

Construction Revolution

On 5 July, business and energy secretary Greg Clark, announced a £420 million construction sector deal promising to revolutionize the industry. It’s an ambitious plan that aims to deliver 1.5 million homes by 2022 as well as supporting infrastructure, and to do this in a way that is time and cost efficient, and green. But…

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Is this the end of Boom & Bust in the rail sector?

Is this the end of Boom & Bust in the rail sector?

Since the privatization of the railways, the main contractors involved in constructing rail infrastructure have been consistently plagued by boom and bust cycles due to funding inconsistencies. Projects typically start out with great momentum but as funding dries up contractors find themselves looking at smaller margins to get the project completed, on top of often…

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What will it take to make the Heathrow expansion a success?

What will it take to make the Heathrow expansion a success?

Recent news reports highlighted great excitement over the government vote of approval to expand Heathrow Airport by adding an additional runway. When completed it will add much needed capacity for both cargo and passengers. More interesting though is that the construction process may just usher in a new way of doing things. The infrastructure industry…

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To rehire or not to rehire – is it a smart move?

To rehire or not to rehire – is it a smart move?

There is the belief that when an employee leaves a company it’s because they’re unhappy. While this may be true some of the time, more often people leave for other reasons such as a more senior position, a better salary or an opportunity to work with an emerging technology. This is especially true in senior…

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Effective leadership in construction – what’s needed?

Effective leadership in construction – what’s needed?

Leaders in the construction industry carry a great deal of responsibility. They work with £bn budgets, oversee projects that impact thousands of lives, and ultimately decide the success or failure of a project based on their decision making abilities and management skills. And given what’s at stake, failure shouldn’t be an option. Yet the number…

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