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.

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.

Improving construction productivity

McKinsey

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

How Technology Is Revolutionizing Construction

BCG

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.

Construction: The next great tech transformation

McKinsey

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

Artificial intelligence: Construction technology’s next frontier

McKinsey

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

Construction Spending Unexpectedly Declines

MishTalk

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

Shaping the Future of Construction

BCG

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.

Building across borders: The state of internationalization in European public construction tenders

McKinsey

Based on an analysis of more than 150,000 public construction contracts across 15 countries, we explore strategies for moving toward a more international construction-tender market. Insights on Capital Projects & Infrastructure

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

Construction Spending Revision Fiasco

MishTalk

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

The new age of engineering and construction technology

McKinsey

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

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

MishTalk

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

Reinventing construction through a productivity revolution

McKinsey

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

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

MishTalk

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

Construction Spending Jumps (From Huge Revisions)

MishTalk

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

Shaping the Future of Construction: Inspiring Innovators Redefine the Industry

BCG

Ten case studies show how digital technologies can transform the construction industry, leading to higher productivity as well as social and environmental benefits. Article Wednesday, March 01, 2017.

Imagining construction’s digital future

McKinsey

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

Construction Spending Unexpectedly Declines One Percent

MishTalk

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

Investigating Weather-Related Effects on Construction Spending

MishTalk

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

Construction in the cloud: An interview with Thomas Wolf, CEO of RIB Software

McKinsey

As construction moves into the cloud, here’s what industry leaders must do to lay the groundwork for change. Insights on Capital Projects & Infrastructure

Dodge Construction Index Shows Weakening Trend in Mature Market

MishTalk

Construction starts rose four percent in June according to the Dodge Index of New Construction. For the second quarter, construction starts are down substantially. The overall trend is also down, indicative of a mature market. more…). Economics

What President Trump’s Infrastructure Plan Means for Construction Machinery Makers

BCG

The surge in infrastructure spending that President Donald Trump has proposed promises to be a boon for companies that manufacture equipment used in large-scale construction projects. Article Monday, February 13, 2017.

Out with the old: Why embracing new ideas can transform construction’s poor delivery habits

McKinsey

Construction lags behind other industries in its ability to manage complex projects, but two new approaches will help close the gap. Our Insights

Construction Spending Unexpectedly Dives 0.7%, Last Month Revised Lower

MishTalk

Construction spending in August took a dump of 0.7% Moreover the Census bureau revised July construction spending from +0.0% against an Econoday Consensus estimate of +0.3%. to -0.3%. more…). Economics

Why the Construction Industry May Be Robot-Proof

Strategy+Business

There is something unique about building houses that inherently eschews efficiency and automation

The annual plan construction set

Seth Godin Blog

It''s that time of year, when big companies race to put together their annual plan for the coming year. These documents, even though they''re now digital, involve thousands of hours of analog meetings and discussion and compromise. To save you time, here''s a simple list you can use.

Beating the low-productivity trap: How to transform construction operations

McKinsey

Engineering and construction companies suffer from low margins and relatively low productivity. They can do better. Our Insights

Six Reasons Construction Boom Won’t Last

MishTalk

The Census Bureau reports November Construction Spending rose 0.9% from October. That’s a 10-year high , but it’s highly unlikely to last. more…). Economics

Caution Ahead: Construction Related Business are Swamping the Market

Martinka Consulting

Fact 1: In my 20+ years as an intermediary I have never seen so many construction related businesses on the market. Fact 2: In 2006 every bit of research done by anybody showed at least five years of solid commercial construction in the Puget Sound area. I don’t mean avoid the construction industry but don’t let anybody convince you the valuation should be anywhere near what it would be for manufacturing, distribution, or service.

Construction Spending Flop: Only Public Spending Prevents Outright Disaster

MishTalk

The Econoday consensus expected a bounce in May construction spending but the only bounce was an April revision from -1.4% to -0.7%. May was flat vs an expected bounce of 0.5%. more…). Economics

Toward a customer-centric construction-equipment industry

McKinsey

In a time of considerable change, European OEMs see value-creating opportunities in demand from outside markets and in aftermarket services. Our Insights

Construction Spending Rises 0.8% vs. 1.0% Expectation: Nonresidential Rolling Over?

MishTalk

Construction spending, up 0.8% Construction strength is not uniform. in February, was a bit weaker than the Bloomberg Econoday Consensus estimate of 1.0%. However, the Census Department revised January from -1.0% to -0.4% so the report was a bit stronger than it appears on the surface. more…). Economics

Robots Will Soon Take Over Building London Skyscrapers Says CEO of Large UK Construction Firm

MishTalk

Alison Carnwath, chairman of one of the UK’s largest construction firms says the Era of Robots is at hand. Thousands of builders will lose jobs as machines take over building London skyscrapers. more…). Economics

Construction Spending Anemic Despite Warm Weather; Where to From Here?

MishTalk

Economists expecting a huge surge in construction spending thanks to unusually warm December weather were no doubt shocked by today's anemic report. percent rise in residential construction where the year-on-year rate came in at plus 8.1

Spotlight on China: Margin Debt, Trading Accounts, Construction Equipment

MishTalk

A good indicator of growth is found in sales of construction equipment. Construction equipment manufacturer Komatsu lists its equipment orders by location. Those expecting a rebound in Chinese housing or construction are likely mistaken.

Construction Spending "Once Again Defies Expectations" Much Weaker Than Expected; Four Reasons Economists Perplexed

MishTalk

Today the Bloomberg Consensus estimate for construction spending was for a 0.4% Construction spending once again defied expectations. March construction spending dropped 0.6 On the year, construction spending was up 2.0

Construction Spending Down 2nd Month, Last Month Revised Lower

MishTalk

Construction spending dipped 0.8% in May vs. a Bloomberg Econoday consensus estimate of +0.6. The result was well below the … Continue reading → Economics

Greece Negotiations Resume Again; "Constructive Ambiguity"; Schäuble Outmaneuvered!

MishTalk

Constructive Ambiguity As a result of the timing, I expect still more bickering accompanied by still more warnings. And I use a term, constructive ambiguity. On Friday, the German Bundestag Backed the Greek Bailout Extension. Ahead of the vote, many commented that Greece collapsed. It''s not all that simple as I have explained. The likely explanation for the alleged collapse of Syriza is Greece did not have a primary account surplus.

Construction Spending: Eight Miles High and Falling Fast

MishTalk

Construction spending month-over-month declined 0.6% vs an expected gain of 0.6% in a Bloomberg Consensus Range of 0.2% to 2.2%. … Continue reading → Economics

Construction Spending Unexpectedly Declines; Good News For Economists!

MishTalk

Inquiring minds are investigating construction spending , yet another economic report blamed on bad weather. Construction spending for February came in today at -0.1% while the Bloomberg Construction Spending Consensus Estimate for February was a gain of 0.2%. Construction spending unexpectedly dipped 0.1 Private nonresidential construction spending rebounded 0.5 Adverse weather may be still affecting construction data.

How OEMs can seize the high-tech future in agriculture and construction

McKinsey

Our research showed that OEMs in North America should focus on five core areas to take advantage of the changing landscape. Automotive & Assembly Insights

We don't care enough to give you constructive feedback

Seth Godin Blog

You can not only be open to the constructive feedback, but you can savor it, chew it over, amplify it. But if we did, it would take a lot to speak up in a useful way. It''s difficult to be a generous skeptic.