As a Scot myself, I don’t have the sense of bravado that an American might when it comes to the United States construction sector or the vitality of the American economy overall. But even those of us in the UK have seen most globally important management or productivity trends, with notable exceptions like the Toyota…
Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes. Like a DJ dropping the next track, the controller should drive the cadence and be ahead of the crowd. Here are 3 tips for getting into that…
In my previous blog post, I highlighted how the industry is facing huge disruptive changes. In short, we need to modernize and change the way we work because: Margins are under pressure Productivity is poor We have a serious skills shortage Project delivery performance is not good enough Competition is intensifying You need to be…
Shipbuilders, private vessel owners and ministries of defense around the world are mandating and investing heavily in transformational digital technology that will press time, costs and risks out of vessel design and fabrication. Naval organizations in Russia, Australia and Saudi Arabia have state-funded programs to increase the use of disruptive digital technology by their nation’s…
It would seem that whatever the reason, the UK housing market is at a crossroads. Some sources state that the house building industry has responded strongly to the demand for new housing, increasing output by 55% over the last five years, while other stats show England alone has a backlog of 3.91 million homes, which…
The engineering, construction and infrastructure industry is facing huge disruptive changes. We are at an inflection point, and need wholesale change right now. Global construction productivity has improved about a quarter of the rate of manufacturing productivity since 1995. When we look at rich countries like Germany, France and the United States, things are much…
The global engineering, construction and infrastructure (ECI) industry landscape is changing at an unprecedented rate. In this blog, I will outline what construction companies need to do to be a winner in the industry. A CHANGING INDUSTRY One way of measuring the rate of change in the industry is to look at the geography of…
2019 will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time. Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time. PREDICTION #1: 50%…
In my previous blog, I outlined key trends facing engineering, construction & infrastructure organizations – digital transformation, Building Information Modelling (BIM) and the digital asset lifecycle model, embracing construction-integrated manufacturing and exploiting new service and facilities management revenues. The overall conclusion was that the non-integrated business systems and processes used by most companies today will…
IFS Radio Network podcast: the impact of digital technology and how some of the industry’s leading companies are leveraging it today. Construction is a traditional industry. Many businesses, despite the abundance of new technology and integrated software that’s available today, are still suffering from a lack of accurate and timely information because of their reliance…
