Category: Productivity
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UK Construction Productivity: An Industry in Crisis or a Catalyst for Change?
The UK construction industry has stagnated over the past 50 years in terms of labour productivity. The figures are stark. While other sectors have made notable strides in the same timeframe in terms of output per worker, construction has failed to achieve similar momentum. Perhaps even more concerning is the performance of multi-factor productivity (MFP),…
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Construction vs Innovation
It may strike you upon reading the title, that construction and innovation should not be antithetical. I agree; they SHOULD not. However, they often are. This is typified by the reluctance of the construction industry to embrace new technologies. We, as an industry tend to do things, the way things have been done for centuries.…
