BRIDGE THE GAP PROPERTY & CONSTRUCTION TECHNOLOGY - AUGUST - Property & Construction Technology
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Staffgroup is Europe’s leading recruitment specialist in the Property & Construction, IT and HR disciplines. Our Property and Construction vertical has been active since 2014. We are experts in the placement of professionals & executives in construction and engineering for a range of industries, including but not limited to: Residential, Industrial and Commercial Construction. Since launching, we have become a key player for international projects. We have built an impressive network through personal recommendations, brand advocacy, advertising and events. Supporting our clients to find the best talent, staying up-to-date with industry trends, and presenting attractive job opportunities are three commitments we honor daily. We take a personal interest in our candidates. We aspire for everyone to grow their career within an organisation that supports personal goals, passions and values Bridge The Gap - Property & Construction Technology 2021
MOTIVATION FOR THE REPORT Over recent years, technology has transformed the way the property and construction sector operates. From building design to development through to building maintenance; technology has changed the way daily processes are conducted. This report will uncover new property and construction insights, share current and future trends and showcase opportunities for development. Bridge The Gap - Property & Construction Technology 2021
CONSTRUCTION TECHNOLOGY MARKET OVERVIEW WHAT IS CONSTRUCTION TECHNOLOGY? The CII (Construction Industry Institute) defines construction technology as the collection of innovative tools, machinery, modifications, software, etc. used during the construction phase of a project that enables advancement in field construction methods, including semi-automated and automated construction equipment. WHY IS CONSTRUCTION TECHNOLOGY BENEFICIAL? Technology can improve cost, schedules, Another key development in construction quality, safety and production. The volume technology is project management and range of technology available is vast. software. Project management software From BIM to BMS, Robotics to 3D printers, has become a powerful tool to document AI to drones, the opportunities to change and share information across project teams. and modernise processes are developing This supports collaboration and productivity constantly. whilst improving management and control. Through the software, any member of a The adoption of technology has played an project team can access the latest integral role in ‘smart buildings’. The well- information wherever, whenever they need. documented impact the built environment is having on the environment is placing As the world of technology continues to increasing pressure to deliver a truly evolve, it is up to the professionals across sustainable industry. This is generating a the industry to adapt and welcome change, need for new skill sets: companies need and for companies to source the right talent who are knowledgeable about the individuals for the ‘new’ way of working. technologies available to design, build and manage net-zero buildings. Bridge The Gap - Property & Construction Technology 2021
SKILLS IN DEMAND According to a report from the Construction Leadership Council (CLC), the future skills in demand for the property and construction sector fall into 4 main categories (below). Concluded based on research conducted with the UK government, industry, educators, and trade sector bodies, considering the international workplace. 01 — DIGITAL SKILLS Digital skills for collaboration and productivity improvements across the sector as projects are increasingly delivered digitally. 02 — TECHNICAL SKILLS Technical skills for smart construction methods across entire project life cycles. 03 — COLLABORATIVE SKILLS Collaborative skills to allow teams to communicate and deliver digitally-enabled, smart construction projects. This is essential as projects become increasingly more complex and different teams are required to work more closely together. 04 — TRADITIONAL SKILLS Traditional skills need to be maintained. This is essential to maintain and extend the existing built environment as the industry is already facing skills shortages. Bridge The Gap - Property & Construction Technology 2021
Digital and technical are the top two skills the experience or technical skills to be in demand, unsurprising given the qualified for the new way of working. Even transformative nature of the sector. collaborative skills can fall under digital/ Investment in innovative technology is tech skills with the number of project providing the opportunity to improve management software tools available. It is productivity whilst enhancing the quality crucial candidates going into the sector are and creativity of design. Companies are familiar with new technologies and looking for talent who can join their platforms available, confident using them, business and hit the ground running, open to learning and willing to change old whether that's using wearable tech, drones, habits. Allowing cross-team collaboration management software or any of the other and full visibility of progress is becoming tools available. Successful candidates need key. CANDIDATE MOTIVATORS - SURVEY RESULTS To dive deeper into how technology has Firstly we asked, changed today’s workforce and explore candidates' technology considerations “HAS TECHNOLOGY CHANGED when joining a business, we sent a ‘Bridge THE WAY YOU WORK IN THE the Gap - Technology’ survey to our LAST TWO YEARS?” network of property, construction and engineering specialists. 64% of respondents said yes and over half (55%) said they could not conduct their role without technology. Bridge The Gap - Property & Construction Technology 2021
We also asked an open-response question: “HOW HAS TECHNOLOGY OPTIMISED YOUR WORKFLOW?” The answers proved three key trends: 01 TIME SAVINGS/ FASTER PROCESSES 02 IMPROVED COMMUNICATION/ KNOWLEDGE SHARING 03 BETTER ACCESS TO INFORMATION The survey results confirm the many reports and conversations ongoing throughout the industry: technology is here to stay and businesses not embracing it risk being left behind. CANDIDATE ATTRACTION Attracting, recruiting and retaining talent is up with and become dependent on key for any growing business, especially for technology; they are used to immediate the construction industry which has a access to information and instant rapidly ageing workforce. communication. Innovative technology will make roles more attractive to the younger According to the US Bureau of Labor generations and furthermore, manual Statistics Current Population Survey, in processes may deter them! 2002, 11% of construction workers were aged 55 +, which increased to 20.7% by Outside of millennials, in our recent ‘Bridge 2015. In 2005, 10.7% of workers were the Gap - Technology’ survey, 82% of between 20 and 24, but that number respondents said new technology being declined to 7.3% in 2015. The trends suggest available to them is an important retirement could be looming for a high consideration when joining a new business. percentage of workers if they don’t choose This evidences the importance of to leave or change careers beforehand. businesses integrating new technology and transforming processes in order to attract Attracting younger generations into the and retain the top talent. industry is key and technology is a great incentive to do so. Millennials have grown Bridge The Gap - Property & Construction Technology 2021
Another key statistic from the survey was that 55% of respondents said working from home is important to them. In order for this to be possible, businesses need to invest in technologies to allow workers to conduct their daily tasks and communicate with the wider team effectively. Earlier this year, we sent out a survey focusing on candidate motivators. The key takeaway were: A ‘moral and honest employer’ is the leading factor considered when looking for a new role. 100% of respondents with 1-3 years experience selected ‘Excellent IT Equipment’ as the highest priority consideration when looking for a new role. To view the full report showcasing the results of our previous survey, please contact marketing@staffgroup.com for your free copy. CONCLUSION Technology is changing the industry and Furthermore, younger generations entering companies that don’t embrace it risk being the sector who use technology in their daily left behind. Not only is technology lives, expect the same streamlined process improving safety, speed and efficiency, but and fast communication in the workplace. it is also playing a key role in attracting new talent into the industry. Digital and technical skills are in high demand and a real motivator for candidates. Research demonstrates that candidates are The challenges faced by the industry are placing high value on a company's keeping up with the digital world, whilst technical investment when considering a promoting tech opportunities to the new role. New technologies have younger generations, which must be transformed the way professionals are overcome in order to maintain a steady operating in the industry and they won’t stream of talent. want to go ‘backwards’ to manual, slower ways of working. www.staffgroup.com
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