Call for action: Seizing the decarbonization opportunity in construction

McKinsey & Company

As decarbonization initiatives gain momentum, construction players can benefit from this growing trend—but only if they view ESG as a strategic opportunity and collaborate with other stakeholders in the ecosystem.

Digging out: Forecasting for construction OEMs in the next normal

McKinsey & Company

As the COVID-19 pandemic accelerates transformative trends within the construction-equipment industry, companies must rethink their traditional strategies. Automotive & Assembly Insights Engineering & Construction Industrial equipment & components


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How construction can emerge stronger after coronavirus


Engineering, construction, and building materials have a vital role to play in a post-pandemic recovery of our communities and economies. Seven actions can help companies prepare for the next normal. Insights on Capital Projects & Infrastructure

Decarbonizing the built environment: Takeaways from COP26

McKinsey & Company

How can the cement and construction industry achieve net zero by 2050? Insights on Engineering, Construction & Building Materials Engineering & Construction Energy, Resources & Materials Sustainability

Decoding digital transformation in construction


Few engineering and construction companies have captured the full benefit of digital. Five practices can help E&C companies move beyond isolated pilots and unlock digital’s value across their enterprises. Insights on Capital Projects & Infrastructure

Improving construction productivity


McKinsey research finds seven levers can fix construction’s productivity problem, but they require a new approach from all players. We heard from industry leaders about which barriers to change are most likely to fall first. Our Insights

Protected: How to Construct a Perfect Proposal

David A Fields

There is no excerpt because this is a protected post. Agreements Closing Consultants Fees Proposals Templates agreements closing Consultative selling Context Discussion Context Document fees proposals writing

How Blockchain Will Change Construction

Harvard Business

Technology Engineering, Construction & Infrastructure Digital ArticleIt will ensure complex projects have transparency and good record keeping.

Construction and building technology: Poised for a breakthrough?


New research sheds light on the strategies that distinguish top-performing construction and building technology companies from the pack. Advanced Electronics Insights

The next normal in construction material distribution


How disruption is reshaping distribution and logistics in the world’s largest ecosystem. Insights on Capital Projects & Infrastructure

Rise of the platform era: The next chapter in construction technology


The construction technology ecosystem is shifting toward integrated software platforms that better serve customer needs. Significant opportunities exist for strategic and financial investors. Insights on Private Equity & Principal Investors

Constructive dissatisfaction

Seth Godin Blog

It's never been easier to find ways to be disappointed in our performance. You can compare your output, your income, your success rate to a billion people around the globe. many of whom are happy to exaggerate to make you even more disappointed. It's hardly worth your trouble. The exception is the dissatisfaction that is based on a legitimate comparison, one that gives you insight on how to improve and motivates you to get better.

Road work ahead: The emerging revolution in the road construction industry

McKinsey & Company

Four technology trends could help improve road functionality, construction, and maintenance, creating opportunities for greater safety, efficiency, and economic success. Public & Social Sector Insights Infrastructure

3 Ways to Handle Poor Employee Performance Constructively

Rick Conlow

The best managers develop their leadership coaching skills and learn how to deal with performance issues constructively and effectively. The post 3 Ways to Handle Poor Employee Performance Constructively appeared first on Rick Conlow.

Construction Spending Unexpectedly Declines


Economists missed the construction spending mark by a mile this month. Instead, construction spending fell by 0.6%. The Econoday consensus was for spending to rise by 0.6%. Econoday finds strength in the numbers, I don’t. more…). Economics

Artificial intelligence: Construction technology’s next frontier


Engineering and construction is behind the curve in implementing artificial intelligence solutions. Based on extensive research, we survey applications and algorithms to help bridge the technology gap. Insights on Capital Projects & Infrastructure

How Technology Is Revolutionizing Construction


Unlike other industries, engineering and construction (E&C) has been slow to adopt new technologies and has never undergone a major transformation. Profound changes are already taking place—though not yet on a sufficiently wide scale—in many aspects of the construction industry. Article Wednesday, June 22, 2016. As a result, productivity has stagnated over the last 40 years or, in some cases, even declined.

Useful constructs

Seth Godin Blog

The periodic table is a useful construct. Useful constructs are replicable and they’re predictive. On the other hand, race is not a useful construct. Engineers build their work around useful constructs. And often, people who are in politics waste their time arguing about constructs that aren’t useful at all. We find knowledge (and express it) by dividing the world into grids and segments, and explaining how this organization works.

Construction: The next great tech transformation


Mired by underdigitization and fragmentation, construction must find a new way to build. Our Insights

Governments can lead construction into the digital era


New technologies can advance project outcomes in the construction industry. Governments are well-poised to cultivate greater adoption. Insights on Capital Projects & Infrastructure

Modular construction: Priorities for real-estate developers


Real-estate developers are in prime position to lead the shift to modular construction. Crafting their product strategies and supplier partnerships are good places to start. Insights on Capital Projects & Infrastructure

Shaping the Future of Construction


Article Wednesday, May 04, 2016 The engineering and construction (E&C) industry has been a relatively conservative one, slow to adopt innovative materials, technologies, and processes—so much so that labor productivity in the US has actually fallen during the last 40 years.

Accelerating late-stage construction: Mastering the sprint finish


Major projects in late stages of construction face unique challenges that can drive substantial delays and cost blowouts. But it doesn’t have to be this way. Insights on Capital Projects & Infrastructure

Construction Spending Revision Fiasco


Construction spending rose 0.3%, less than the Bloomberg Econoday consensus estimate of 0.5%. However, Last month was revised up from … Continue reading → Economics

Seizing opportunity in today’s construction technology ecosystem


A new analysis of the construction technology ecosystem finds emerging trends, constellations of solutions, and an ever-increasing universe of technology use cases that are disrupting the way we plan, design, and execute projects. Insights on Capital Projects & Infrastructure

Building value-chain resilience with AI

McKinsey & Company

Metals & Mining Insights Engineering & Construction MiningValue chains are facing increased uncertainty. A threefold approach underpinned by artificial intelligence can help companies adapt to rapidly changing markets and operational challenges.

Fine-tuning the growth engine: M&A in engineering and construction


The engineering-and-construction sector is seeing a merger wave. To avoid a wipeout, focus on culture, capabilities, and value capture. Insights on Capital Projects & Infrastructure

The new age of engineering and construction technology


New technologies are transforming all stages of the engineering and construction process. Here’s what companies need to know about the evolving landscape. Our Insights

Breaking the mold: The construction players of the future


The engineering and construction industry, long berated for lagging behind in terms of digitalization, is picking up steam. New business models are changing the game. Insights on Capital Projects & Infrastructure

Construction Spending Falls Sharply, March Revised Higher: Construction Spending Mysteries


The construction spending reports by the Census Department remain a complete joke. Once again, heavy revisions are in play. more…). Economics

The next normal in construction: How disruption is reshaping the world?s largest ecosystem


We expect nine shifts to radically change the construction value chain, and offer a blueprint for the next normal ahead. The COVID-19 crisis looks set to accelerate an overdue transformation of the world’s largest ecosystem. Insights on Capital Projects & Infrastructure

Reinventing construction through a productivity revolution


To transform the sector, action is needed in seven areas or through broader adoption of mass-production approaches. Our Insights

158: Peggy Smedley—What Lies Ahead For The Construction Industry?

On the Brink Podcast

This spring, I was a guest on Peggy Smedley’s ConstructechTV , a highly influential TV show about technology, blockchain and the construction industry. It was such an enjoyable interview that I asked Peggy to share her ideas about technology and construction with our On The Brink listeners. Hear how blockchain, IoT and big data are transforming our world !

How analytics can drive smarter engineering and construction decisions


Three applications illustrate how companies are beginning to embrace data-driven solutions while establishing a foundation for future initiatives. Insights on Capital Projects & Infrastructure

Imagining construction’s digital future


The industry needs to change; here’s how to manage it. Our Insights

Construction Spending Jumps (From Huge Revisions)


The construction spending report from the Census Bureau is the biggest crapshoot in the entire lost of government reports. Today Econoday notes construction spending is up 0.5%, the first increase in three months, but that follows huge revisions. Historically, the Census Department makes huge revisions date back as far as 10 years. more…). Economics

The “Wages Are Skyrocketing” Narrative Is False

Harvard Business

Labor Executive compensation Personnel policies Employee retention Energy and natural resources sector Construction and engineering Fabrication and manufacturing Digital ArticleAnecdotal evidence is at odds with the data.

Data 63

Construction Spending Unexpectedly Declines One Percent


Construction spending took an unexpected dive of 1% today vs. an Econoday expectation of +0.5%. more…). Economics

Total Construction Spending Weaker Than Expected; Residential Construction Spending in Contraction


Construction spending for December was weaker than expected. Highlights Construction outlays rebounded 0.4 Private nonresidential construction spending eased 0.2 Recent History Of This Indicator Construction spending slipped 0.3 Private nonresidential construction spending dipped 0.3 Total Construction Spending Percent Change From Year Ago click on any chart for sharper image This is another trend that looks ominous.

Investigating Weather-Related Effects on Construction Spending


Reported construction spending for March (yes we are still looking at first quarter data), was -0.2%. However, the Census Department revised February construction spending from 0.8% These construction reports are so volatile and so frequently revised they are nearly worthless except for entertainment purposes. to 1.8%. Nonetheless, let’s have a closer look, including a detailed look weather-related effects. more…). Economics