You would think by now we know the industry and come to expect the inevitable project delay or profit warning. Yet somehow the industry still manages to be surprised when they are announced. Makes one wonder which reality they’re living in. If for months and […]
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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 […]
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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 […]
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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 […]
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Some companies believe that good financial incentives are the key to attracting and retaining top talent. While this may be true, how these bonuses are structured is just as important. It’s not very motivating for staff to hear they’re getting lower or no bonuses due […]
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