All in Construction and Property
Providing ongoing mentorship can be impractical for busy professionals. With STEAMRole, the idea is to empower professionals to easily share their stories with students and young professionals.“We want to make it easy for role models to give back and who want to mentor,” STEAMRole founder and CEO Clarence Wooten said. “We do it in a way that’s like creating a Snapchat story, and then followers can subscribe to content.”
We’ve never seen such an increase in demand for project management, commercial and financial skills across infrastructure and government at the same time. Combined with the geographic nature of infrastructure programmes, decision makers in most regions can’t assume the skills are there and need to think creatively and embrace better ways of working to ensure that they can deliver projects in a way that provides value for money.
If the UK construction industry’s top 10 largest contractors had combined their most recent turnover figures, they would have posted a revenue of £31.9bn. At the same time, combining the pre-tax profit/loss figures for those same 10 companies would leave you with a loss of £52.9m – and an average pre-tax margin of -0.5 per cent.
Business culture is the most important factor in a successful business.
Your bottom line is directly impacted by culture; staff satisfaction and happiness, employee retention, utilisation and profitability and even the rate at which your bills are paid can call be linked back to the culture your business has developed.
It is nothing new that developers will look to incorporate the latest environmental technologies into new buildings. However, the real estate industry is starting to look beyond the green credentials of a building and beginning to think about the total social impact an asset could have.
With the headlines dominated by Brexit this year, it would have been easy to miss two stories bubbling under in the procurement world; the collapse of a major HS2 consultancy contract and the government handing back £100m to unsuccessful bidders on a nuclear decommissioning contract.
Construction & building trades supervisors have the highest gender pay gap in favour of men, with men paid 45.4% more than women. In no other industry is there such a gulf in wages. How do we address it?
A recent study showed that the more someone is in demand from their colleagues as a source of important information (eg. a Sector Champion or Technical Lead) , the lower their career satisfaction... How does that impact my sector?
Modular, dfma (design for manufacture and assembly), off-site, pre-fabrication... none of these techniques are new or radical, but all have failed to be adopted as a mainstream approach to delivering buildings.
The CN100 results make interesting reading – and the top 50 even more so...
Collaboration is more than a fad. It's proven to make projects more efficient, cost-effective to deliver and enjoyable. It takes a mix of process, culture and leadership to make it work, and I'm trying to help others to find that mix.
A recent B1M video set out 6 construction tech trends which will impact how we work in the near future. The property and construction tech industry is a little fractious, so only by making technology more interchangable can we take these concepts into the main stream industry.