Is your construction company ready to switch from survival gear to thrive mode?
In 2022, many industries are still being negatively affected by COVID-19. That being said, pandemic conditions in one form or another will likely have to be managed in future years.
Coronavirus-related challenges in the construction industry have been many. From complying with government regulations, dealing with project shutdowns or suspensions, and handling travel restrictions to managing depleted workforces and health concerns, material supply chain disruptions and rising costs, and even business insolvency.
For many in the industry, the toughest leadership test is now looming. The next phase approaching is one of consolidation and stabilisation. What cultural, organisational, and operational shifts should you prioritise and what technologies should you invest in?
This article explores 4 strategic areas your business can focus on to help facilitate the switch from surviving to thriving, and to lay a new foundation for continued success and innovation.