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News and Events
Construction Risk Advisor – August 2018 - August 2018
SUCCESSFULLY DEPLOYING NEW TECHNOLOGY
new technology can be difficult for construction companies. It is easy to get
caught up in the wow factor of technology and lose sight of what you’re hoping
it will improve. Without a plan in place for deployment, you may be wasting
seeking out new technology, consider ways you can improve your processes. After
improving your processes, you can identify gaps that new technology can
address. No amount of technology will help if your processes are what need to
strength in numbers, so involve key employees early in the process. This is
also a good time to identify potential leaders within your organization.
fact, a recent McKinsey & Company study found that companies that invest in
developing leaders during an organizational transformation are about
two-and-a-half times more likely to be successful with their changes than firms
that did not make the investment.
leaders can become champions for the technology who, in turn, empower the end
user and help the technology do what it was intended to do.
HOW TO ATTRACT MORE WOMEN TO CONSTRUCTION
only make up 9 percent of the construction workforce, according to the National
Association of Women in Construction. That statistic highlights the fact that
both parties are missing out on opportunities for a lucrative partnership
within the industry.
the lack of gender diversity, women have the potential to earn about 95.7
percent of what men make. Although it isn’t ideal, it beats the nationwide
average of 81.1 percent across all industries.
companies also benefit from hiring a gender-diverse workforce, as they’re 46
percent more likely to outperform the industry average, according to the
Peterson Institute. But getting women interested in the industry can be a challenge.
Here are steps you can take to attract and retain more women:
- Create an inclusive work culture that values men and women equally.
- Remove gender-biased words from job descriptions and involve female
employees in the recruitment process.
- Adopt benefits and work policies that promote a work-life balance and are
- Create a diversity council with representatives from a mix of genders,
positions and backgrounds.
the gender gap is an important step toward encouraging diverse talent to enter the
construction industry. For more information on attracting and retaining a
diverse workforce, contact CMR Risk & Insurance Services, Inc..