Stifled productivity has become a major burden on the construction industry nationally, but in Florida, which has historically been regarded as a hotbed for development, the effect is becoming even more apparent. Productivity has slipped since the mid-90s and continues to dwindle compared to other U.S. businesses.
A global perspective presents an even gloomier picture of the current state of affairs in construction, with the global construction industry posting a productivity rate of 2.8% versus a paltry 1% in the U.S. The Orlando construction attorneys at Cotney Construction Law have watched Florida’s construction industry struggle with productivity. New challenges arise each day, but Cotney Construction Law is prepared to team up with contractors and developers to confront these challenges head on.
Failure to Embrace New Technologies
The construction industry is strongly rooted in practicality. However, an “if it ain’t broke, don’t fix it” mentality has caused productivity to steadily decline over the last twenty years. New technologies can be costly to implement, but the long-term benefits far outweigh the initial investment required to boost productivity. The inability to adapt to new technologies will root out who stays and who goes in the construction industry as the demands of new infrastructure projects and affordable housing come to a head.
Outdated Leadership Methodologies
As new technologies enter the construction space, new leadership methodologies that can utilize these technologies will be necessary to maintain productivity and overturn the current rate of decay in construction. Involved leaders who focus on tightening communication and training employees to use new strategies will increase productivity. Antiquated leaders who fail to responsibly delegate duties to the most qualified employees or fail to emphasize instruction will likely find themselves being phased out as new leadership methodologies are adopted.
Lack of Streamlining and Lean Construction
Recognizing the source of productivity problems is significantly easier than implementing workable solutions. There are many hurdles to overcome before you notice a visible uptick in productivity. Some of the simplest solutions involve streamlining and improving daily operations. For instance, your acquisition and supply chain procedures are a great place to make simple tweaks with big results. Adopting modern contracting methods and regulatory reforms can have an immediate effect on productivity, too. The use of off-site prefabrication methods has also been proven to increase productivity. You can also adapt the ideologies of lean construction to maximize value and minimize waste.
Although new technologies and resources are bountiful, the construction industry is failing to increase productivity. Cotney Construction Law understands these issues, and we are skilled at navigating the legal corridors to improve productivity while protecting yourself and your workers.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.