The construction industry will "radically change" as itundergoes nine specific shifts, and the COVID-19 pandemic couldcatalyze the makeover, according to a new report from McKinsey& Co.
Titled "The next normal in construction" and written by MariaJoão Ribeirinho, Jan Mischke, Gernot Strube, Erik Sjödin, Jose LuisBlanco, Rob Palter, Jonas Biörck, David Rockhill and TimmyAndersson, the report details how "disruption is reshaping theworld's largest ecosystem."
"Construction is responsible for a wide range of impressiveaccomplishments, from stunning cityscapes and foundationalinfrastructure on a massive scale to sustained innovation," theauthors wrote. "However, in the past couple of decades, it also hasbeen plagued by dismal performance."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Thomas Phillips
Thomas Phillips is part of the social media team at ALM Media.
