Developing Sustainable Talent
The talent shortage in the construction industry will be 3X worse by 2020 presenting challenges for all contractors and massive opportunities for some. This challenge was identified in the mid-90s and many industries outside of construction started aggressively dealing with the problem at that time.
Access to qualified labor is one of the three critical resources that contractors need for sustainable growth. The construction industry is about 20 years late to the game of addressing talent development as a core business competency making the solutions that much more crucial.
Further compounding the problem is the fact that construction project delivery is becoming more complicated every year with new technologies, faster delivery schedules, supply-chain integration and increasingly complex project designs.
Align your team around the origins of the talent shortage, the compounding factors, the costs to your business and the six critical strategies to ensure sustainable growth.