Category: Business

“Perfection has to do with the end product, but excellence has to do with the process.” – Jerry Moran This famous quote is quite indirectly related to the global construction industry. What is visible to the eyes is the increasing number of high-rise buildings and skyscrapers. In terms of market size statistics, the global construction […]

It is quite common for employers to wax eloquent about perks, benefits, and facilities that are on offer for their employees. While respecting these privileges, the core element that makes employees loyal to any business is their salary. That’s an essential truth. What really encourages loyalty from employees is how well employers are able to […]

The construction industry was responsible for employing about seven million people in the US in 2020. However, labor shortages and increased project costs are challenging the status quo. As per the US Bureau of Labor Statistics, more than 400,000 positions on construction projects were unfilled as of October 2021. And amid a national shortage of specialized labor, contractors also […]

Construction is one of the most important job creators in nearly every country. As the size of the project grows, so do the associated requirements and complexities. In every function, more needs to be done. Ultimately, this means hiring a large number of people with a wide range of skills and experience. While the complexities […]

As the old adage goes, time is money, and keeping track of it certainly pays dividends. According to Acumen Data Systems, organizations can save more than $666,400.00 per year by leveraging “time as a resource” and automating timekeeping and payroll reporting. On the other hand, an inefficient or overly complicated solution to a everyday problem can […]

Companies across the nation will connect this week to inspire everyone in the construction industry to be leaders in safety as part of Construction Safety Week, an annual industrywide education and awareness event. Sponsored by the Associated General Contractors of America (AGC), this year’s theme for Construction Safety Week is “Connected. Supported. Safe.”, reflecting the […]

Construction is booming. And as construction companies amp their projects, hiring and recruitment efforts are at all-time high. The market is causing construction companies to think long-term investments and address challenges facing the construction industry by establishing good systems and processes with digital solutions. Construction companies that go digital will bring together the industry’s diverse […]

The crescendo around gender equality across industries has been growing. The construction industry is no different. Always perceived as an industry that is male dominated, our conditioning has indeed rendered it difficult to imagine women occupying more space in construction. The perception that construction is a male-dominated industry is largely true. Women make up just […]

It’s been nearly two years since the pandemic disrupted the entire world and its ecosystem. And, while the construction industry felt the economic impact of inactivity stemming from the COVID-19 lockdowns, it joins industries nationally in feeling the lingering aftermath. Between delivery delays, supply chain issues, worker shortages and mental burnout, COVID-19 it still making […]

The COVID-19 pandemic caused disruptions across every industry, EPC included. Along with the need to identify opportunities to win more work and generate higher profits, industry players must also navigate a complex compliance and regulatory landscape. Given the multiple moving parts, managing projects from inception to completion while ensuring clear record keeping and clean paperwork […]