The Top Issues Facing The Construction Industry In 2018

As we are heading into 2018, the construction industry is facing key issues that will prove challenging. If you are somebody working in this field, it is likely you know what some of these issues are. Still, it pays to know what challenges you are up against, as a little knowledge will help you deal with them. The following are some of the issues you need to be aware of.


A labour shortage

In the millennial generation, there are not enough skilled workers entering the construction industry. Instead, this new generation are looking for jobs in other areas, as seen in this article. This is a problem, as there is an increased demand for construction workers, but not enough people to fill these positions. This is an issue the industry is still struggling to resolve, but there are ways you may be able to counter the problem. While offering more money is one way of dealing with the issue, many millennials are more interested in making a difference in the world. As we will discuss in a moment, following green principles is one way of attracting them into the workforce, or focussing your construction work in areas that matter, such as schools, hospitals, and in charitable organisations, may also offer an incentive.

The effect on the environment

The construction industry hasn’t always been well-versed in eco-friendly practices. It produces around 40% of the world’s problem with carbon emissions, and the oil, water, and energy consumption have now become part of the global agenda for change. What does that mean for the business leader within the industry? Well, using so-called green machinery is a start, as these technologies don’t waste as much energy. Renting a truck from companies such Flex Fleet Rental is a better alternative than running older vehicles on the road with a heavier carbon footprint. Using recyclable materials from local sources is better than shipping in materials from elsewhere, thus reducing unnecessary fuel consumption. In short, find out how you can make a difference, and you stand a better chance of impressing your customers.


New technologies

We have already mentioned greener technologies, but the latest tech trends continue in other areas. Laser scanning, 3D imaging, and the use of drone technology are just some of the trends that are taking the industry forward. This is great, and they offer many benefits to those working within the industry. Yet, they also come with their own set of issues. For starters, there are those people who are resistant to change. Having got used to one piece of tech, another comes along, and they may not be willing to learn yet another skill. The expense is another factor. Businesses are trying to cut back on costs, and not spend a fortune on the latest tech that may become redundant eventually. The cost to replace new parts is another issue, as the latest machinery and equipment are more complicated than previous models. Finding somebody with the ability to repair new tech is another problem. So, while technology does have it’s advantages, there are the disadvantages apparent to some construction leaders. Still, to beat the competition, there needs to be some effort to keep up in order to survive.

Finally

There will be issues within every industry that need to be tackled head-on. Whatever your situation, understand the challenges ahead of you, and focus your efforts on overcoming them. If you have any advice for our readers, be sure to let us know.

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About Dequiana Jackson

Dequiana Jackson, CEO of Inspired Marketing, Inc., is a small business marketing coach who shows women entrepreneurs how to use solid marketing strategies to turn their life’s passion into a profitable, service-based business. Dequiana is the author of Know Your Business: How to Attract Ideal Clients & Sell More and runs the award-winning blog, Entrepreneur-Resources.net.

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