Without access to a skilled workforce and without adoption of modern technology, the current boom in construction opportunities may well meet an early end
In the U.S. and abroad, the majority of contractors actively seek new hires but finding skilled construction workers has become an increasingly difficult task, and a problem unlikely to subside.
According to current reports, approximately 93% of U.S. commercial construction contractors currently take in exceptional profits. Furthermore, contractors expect the trend to continue well into the coming years. Yet the U.S. Chamber of Commerce begs to question how the industry can manage when the benefits of reinvestment into the construction workforce appears to be drying up.
The gap between demand for and the availability of skilled workers may ultimately impact future construction opportunities. Residential, commercial, industrial and even infrastructure projects will suffer the loss. Thus the first half of an important question:
Without access to a new and skilled workforce, can the boom in construction continue forward?
Construction Opportunities: An Increased Demand For The Adoption of Construction Operations Software
Innovation is about taking up new ideas for resolving past, present and future problems. Yet the construction industry continues to maintain a reputation for resistance to the adoption of inventive construction data management solutions. Not because the technology is lacking, but rather because the industry as a whole continues to ignore the opportunities.
But change is in the making. More and more construction firms have come to recognize the benefits of construction operations software. It is about reaping the benefits of a resource that enables:
- More effective projection communication and collaboration
- Better access to information and decision making options
- Real-time communications
- Better-planned workforce and asset allocation
- Advanced data tracking for equipment maintenance and repairs
- Software integration such as accounting, time keeping, safety management and more
Among the many benefits of construction operations software is the opportunity to establish processes that generate better management of workforce and asset allocation in a manner that promotes higher and more accurate project productivity. By merging into real-time construction management solutions, contractors can:
- Better attract workers with advanced construction-orientated skills in science, technology, engineering and mathematics (STEM)
- Use STEM-focused funding tools to reap from among the untapped female construction workforce
- Use gains in profit to further increase the the average mid-career construction workforce average salary range
- AND Provide more effective advanced workforce training programs.
The end solution to stalled construction opportunity requires that contractors take steps to entice younger workers into an expanding workplace environment. But to make it work, contractors must emerge from the era of pen-to-paper and spreadsheet-driven data management. Perhaps now is the time for your company to invest in the emerging technology that helps contractors streamline the daily construction process. Try a FREE DEMO of Assignar, the construction operations platform that meets the needs of any business in the construction industry.