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Bridging the labor mismatch in US construction

McKinsey & Company

US construction projects are short-staffed today, and the problem is set to get worse. Insights on Operations Engineering & Construction Operations Labor marketsHere’s what the sector can do to close the gap.

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Call for action: Seizing the decarbonization opportunity in construction

McKinsey & Company

As decarbonization initiatives gain momentum, construction players can benefit from this growing trend—but only if they view ESG as a strategic opportunity and collaborate with other stakeholders in the ecosystem.

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Semiconductor fabs: Construction challenges in the United States

McKinsey & Company

Major semiconductor players have undertaken and announced US-based fab construction projects, and more are under consideration. Here’s a road map for moving ahead. Industrials & Electronics Insights Semiconductors United States

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Reducing embodied carbon in new construction

McKinsey & Company

trillion in infrastructure spending needed per year until 2050 will go toward new construction—offering opportunities to fight climate change by reducing embodied emissions. Three-quarters of the $9.2

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Global Modular Construction Market to Witness Growth as Demand for Efficient Construction Methods Rises

Frost & Sullivan

13, 2022 – According to Frost & Sullivan’s recent analysis, Global Modular Construction (MC) Growth Opportunities , a shift in awareness toward the use of modular buildings because of the COVID-19 pandemic has unlocked growth opportunities in the MC market globally.

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Digging out: Forecasting for construction OEMs in the next normal

McKinsey & Company

As the COVID-19 pandemic accelerates transformative trends within the construction-equipment industry, companies must rethink their traditional strategies. Automotive & Assembly Insights Engineering & Construction Industrial equipment & components

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Construction Adhesive and Sealant Manufacturers Go Green to Tap into Immense Growth Prospects

Frost & Sullivan

The need for innovation and increasing consumer requirements are key factors driving the construction adhesive and sealant market worldwide. By 2026, the global construction adhesive and sealant market is estimated to garner a revenue of $23.7

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Net-zero steel in building and construction: The way forward

McKinsey & Company

Rising demand for greener approaches creates an imperative for the industry to seize the moment, adopt new mindsets, and set standards for the transition to a greener future. Insights on Sustainability Steel Resource productivity

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On the path to net-zero steel in building and construction

McKinsey & Company

Rising demand for greener approaches creates an imperative for the industry to seize the moment, adopt new mindsets, and set standards for the transition to a greener future. Voices Operations

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Expert Advice: Future Trends in Managing Construction Projects

Project Management Institute

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Global Construction and Mining Rental Equipment Market to Reach $273 Billion by 2030 with Growth of Digital Services and Platforms

Frost & Sullivan

Use of telematics and digital services in construction and mining industries is gaining prominence due to operational efficiency and better ROI, says Frost & Sullivan. Global construction spending is estimated to reach $17.5

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South Africa’s Road Construction Industry – A Regional Look

Frost & Sullivan

As with all other industries, Covid-19 also affected the road construction industry, causing delays of tender awards as well as cancellation of major projects such as the planned upgrading of the Cape Town International Airport’s runway.

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Road work ahead: The emerging revolution in the road construction industry

McKinsey & Company

Four technology trends could help improve road functionality, construction, and maintenance, creating opportunities for greater safety, efficiency, and economic success. Public & Social Sector Insights Infrastructure

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Milhouse Engineering and Construction wins PSMJ’s 2022 A/E/C Building a Better World Award

PSMJ Resources Blog

PSMJ’s exclusive A/E/C Building a Better World Award recognizes architecture and engineering firms demonstrating the strongest commitment to community improvement by encouraging employee volunteering, donating resources and sharing expertise. Human Resources Employee Engagement Corporate Social Responsibility

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Free ATS Buying Guide

ExactHire - Partnership

ExactHire News construction HR tech HR trends innovation leadership partnership recruiting restaurants startupRecently released on ExactHire’s website is a comprehensive overview of applicant tracking systems.

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Decarbonizing the built environment: Takeaways from COP26

McKinsey & Company

How can the cement and construction industry achieve net zero by 2050? Insights on Engineering, Construction & Building Materials Engineering & Construction Energy, Resources & Materials Sustainability

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Building products in the digital age: It’s hard to ‘get smart’

McKinsey & Company

Insights on Engineering, Construction & Building Materials Engineering & ConstructionOpportunity or threat? Innovation is perceived as a double-edged sword in the building products sector, but the winners will be those who dare to take risks.

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Deep learning in product design

McKinsey & Company

Insights on Operations Engineering & Construction Operations Artificial IntelligenceA revolutionary approach is transforming the way companies approach tough engineering optimization challenges.

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The circular cement value chain: Sustainable and profitable

McKinsey & Company

Insights on Engineering, Construction & Building Materials Infrastructure Supply chain management Innovation Sustainability Metals MiningConcrete and cement circularity could allow industry to rein in costs and reduce emissions, adding untapped value to the built environment.

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How much is a brick? That depends

McKinsey & Company

Insights on Engineering, Construction & Building Materials Infrastructure Supply chain managementThe building-materials sector is struggling. Agile margin management can help companies in the industry protect profitability.

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Building value-chain resilience with AI

McKinsey & Company

Metals & Mining Insights Engineering & Construction MiningValue chains are facing increased uncertainty. A threefold approach underpinned by artificial intelligence can help companies adapt to rapidly changing markets and operational challenges.

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One of Our Many Happy Clients! TCC – A Client Success Story

Aepiphanni

Our TCC story started several years ago when the CEO of Triple Crown Construction expressed a desire to grow his company in a way that allowed him to oversee operations and reorganize the business by developing an expanded team […].

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Accelerating green growth in the built environment

McKinsey & Company

Insights on Operations Real estate Engineering, Construction & Building Materials Sustainability Operations McKinsey Sustainability Base Metals Battery materials Bulk Metals Mining Precious Metals SteelThe industries that make up the built environment are highly fragmented and slow to change.

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Creating value in the specialty-pumps market

McKinsey & Company

Insights on Engineering, Construction & Building Materials Engineering servicesOEMs and distributors face a rapidly changing competitive landscape, but aspiring leaders can take the initiative to seize the opportunity in this growing industrial market.

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Can Artificial Intelligence be a Critical Success Factor of Construction Projects? Practitioner perspectives

TIM Review

Artificial Intelligence (AI) can be defined as constructing computer programs that (i) are capable of exhibiting intelligence, (ii) exhibit intelligence by using processes used by humans for the same tasks, and (iii) are capable of complementing or supplementing human intelligence (Simon, 1995).

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Digital Service Innovations Power the Global Homes and Buildings Industry Post-COVID-19

Frost & Sullivan

The study analyzes seven industry segments: construction management, lighting, energy management, smart building management, facility management, fire safety and security, and smart homes. The global H&B industry is expected to reach $1.26

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Lessons in Sustainable Change Management: #deCOALonize Kenya

INSEAD Knowledge

The campaign to prevent the construction of a coal power plant on an idyllic island in the Indian Ocean

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Global Off-highway Equipment Market to Build on 2021 Recovery, Laying the Foundation for Stable Growth in 2022 and Beyond

Frost & Sullivan

Compounding this was the dearth of skilled equipment operators in the construction, mining, and agricultural sectors. The market saw digital solutions such as farm management platforms and smart construction and mining tools being integrated with telematics and onboard devices.

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Global Industrial Exoskeletons Market to Boom, Led by Automotive Manufacturing Industry, Finds Frost & Sullivan

Frost & Sullivan

Other manual, labor-intensive industries such as construction and transport will also make extensive deployments of industrial exoskeletons over the next four to five years as companies across these sectors focus on reducing the cost of on-the-job injuries.

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Decarbonizing cement and concrete value chains: Takeaways from Davos

McKinsey & Company

Insights on Engineering, Construction & Building Materials Energy, Resources & Materials InfrastructureHow can the cement and concrete industry reach net-zero emissions by 2050? McKinsey hosted panelists at the World Economic Forum Annual Meeting 2023 in Davos to offer their insights.

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Preparing for tomorrow: An interview with Tariq Taherbhai

McKinsey & Company

As economies, climate, and technologies change, so does the construction industry. Tariq Taherbhai of Aon explains today’s most pressing risks. Voices Operations

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Power spike: How battery makers can respond to surging demand from EVs

McKinsey & Company

Bold moves in gigafactory construction, supply chain strategy, and talent acquisition can help industry players get ahead. As the auto market embraces electric vehicles, battery demand is soaring.

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Strategies for building US semiconductor fabs: Finding skilled labor

McKinsey & Company

The need to compete for skilled labor could delay fab construction in the United States, but some new strategies may help accelerate progress. Insights on Semiconductors Semiconductors United States

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Author Talks: Power, for all

McKinsey & Company

By understanding power, we can use it constructively. Having power can lead to hubris and self-focus. But it doesn’t have to. McKinsey on Books

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Will a labor crunch derail plans to upgrade US infrastructure?

McKinsey & Company

There’s a historic and widening labor shortfall in the US construction sector. Yet it extends far beyond jobsites and varies by location, demanding tailored solutions. Public & Social Sector Insights Infrastructure Government United States

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Closing labor gaps to revitalize US infrastructure

McKinsey & Company

US construction projects are short-staffed today, and the problem is set to get worse. Here’s what the sector can do to close the gap. Voices Operations

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Changing project delivery to meet net-zero targets

McKinsey & Company

As construction increasingly adopts climate targets, owners and contractors can help change how projects are delivered. Doing so will likely require expert analytical and technical skills. Voices Operations

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Cybersecurity for AEC Firms

PSMJ Resources Blog

With news headlines filled with reports of cyberattacks shutting down everything from fuel pipelines, to food distribution, to internet services, it is not unthinkable that your architectural firm, engineering firm, or construction company could become the next victim.

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The data-driven future of storytelling: MIT’s Deb Roy on the message and the medium

McKinsey & Company

The head of MIT’s Center for Constructive Communication talks about how data can help storytellers, what audiences of the future might look like, and why artificial intelligence cannot replace human creativity. Our Insights High Tech & Internet

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The Fed’s Wrecking Ball is Hitting the Private Sector Markets

PSMJ Resources Blog

Inflation may be starting to show some signs of cooling, but the Fed isn’t backing down anytime soon and the impact is becoming more noticeable in the architecture, engineering, and construction (A/E/C) space.