“Haste makes waste.” “Waste not; want not.” Wasting time, labor, materials… For a construction business, waste means fewer profitable projects or worse. A good question we should be asking ourselves is, “Why do we waste so much?” A more important question is, “How can my construction business waste less to earn more?” Construction Business Technology […]
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Working “lean” is a business principle for reducing waste and increasing profits. It can apply to any industry. Lean construction has been slow to develop, according to the Lean Construction Institute (LCI). But construction technology developments are making this practice easier to implement and therefore more attractive to construction business owners and managers. How Does
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While we’re developing processes to protect workers from each other during a pandemic, we may be lowering our defenses against other viruses. Cyberattacks are becoming more cause for concern in the construction business, but we’re taking fewer steps to mitigate cybersecurity. Construction Companies and Cyberattacks “Hackers are increasingly going after construction companies,” said Zachary Phillips of
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Are you wondering what neighborhoods your business should expand into? Do you wish there was a way to know which new services would bring you the most profit? Well… there is. As surprising as it may sound, building permits are the secret to making smart business decisions in the construction industry. When a homeowner or
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When will it end? As we rounded the corner into 4Q 2020, COVID-19 reared its ugly head and roared with a vengeance. The devastation to families and businesses, including the construction industry, continues. Pandemic and Construction Industry Trends Many construction industry firms have provided support for area hospitals and organizations during this time. If your
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Personal protective equipment (PPE) is nothing new. The acronym was probably coined around the 1880s when protective eyewear was patented. Actually, PPEs have been around for centuries; we have always protected our hands with glove-like coverings when necessary. Mask-wearing has become politicized, but businesses – including construction industry-related businesses – don’t have the luxury of
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At Construction Monitor, we collect information from building permits issued throughout the country. We then analyze and compile that information to provide our clients with useful data that they can use to make smarter marketing decisions. Our clients can see which contractors claim the most business in a certain area. They can see which neighborhoods have the
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Annually, the U.S. spends around $450 billion on infrastructure, only 2.3% of U.S GDP, far below the 5% of European countries’ GDPs. The U.S. needs over $2 trillion of infrastructure investment by 2030 just to keep pace with the country’s economic activity.–Kate Gasparro COVID-19 has dominated our attention for an entire year. It gave us previously unheard-of challenges
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There’s no company in any industry that has succeeded without spreadsheets. Let’s briefly pause to say, “Bless you, Excel. You’ve served us well.” But spreadsheets are not the answer to construction workforce management. As working-at-home and the need for social distancing continues into 4Q 2020, digitizing construction workforce management is even more necessary. Say goodbye to your
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There are exceptions to every rule but many believe there are innate differences between most men and most women. One pandemic-quarantined man bemoaned, “If I have to talk about my feelings with my wife one more time, I may kill myself.” Construction contractors are diverse men and women of every cultural and educational background but
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