According to a recent survey from the Associated General Contractors of America (AGC) and Autodesk, 80 percent of construction firms say they are having difficulty filling key positions on their construction teams. While the industry itself is growing rapidly as the demand for new infrastructure projects increases, the skilled workforce needed for these projects has dwindled. The impact of this labor shortage has been significant; half of the firms surveyed believe it is increasing costs and causing project delays.
Each new year, individuals and companies alike set ambitious goals for the coming year. In the construction industry, most companies set annual goals for workplace safety. Is zero accidents a reasonable goal? Perhaps it is a bridge too far for the largest companies in the industry—for many firms, however, the goal is achievable and should be diligently pursued. At Western Pump, we are committed to creating the safest work environment possible for our employees and job site partners. Despite the rapid growth of our business, which has created more opportunities for accidents, our goal for 2020 is to have zero job site accidents.
The business environment is in a constant state of change. Technological advancements are the primary drivers of this change. In the construction industry, companies that are willing to embrace these new technologies will be the most successful. Selecting the right technologies for your company can be challenging given the incredible number of options to choose from. Technology innovation is impacting the construction industry in three key areas: construction materials, project design, and the build process.