April 2024

How AI Resolves Challenges & Excites the Next Generation

ccapoccia — Mon, 13 May 2024 10:37:20 +0000

How AI Resolves Challenges & Excites the Next Generation ccapoccia Mon, 05/13/2024 - 05:37

We’ve all heard and experienced the challenge of finding workers to fill construction-related jobs, whether in the office or the field. It’s a condition that isn’t likely to improve anytime soon. As a recent Forbes story pointed out, “help wanted” signs aren’t the solution.

Motivate Your Team to Win — & Keep Winning

ccapoccia — Thu, 09 May 2024 19:18:44 +0000

Motivate Your Team to Win — & Keep Winning ccapoccia Thu, 05/09/2024 - 14:18

Get over it! The people who work for you are not you. They don’t think like you, they work differently than you and they’re not as motivated as you. And just because you pay them a good salary doesn’t mean they’re going to work their fannies off the same way you do. To get them to follow your vision, reach big goals and achieve expected results, you have to give them a reason to follow and perform at their highest level. People are motivated for their own reasons — not yours. It is the leader’s job to discover what makes each person tick, do their best and produce outstanding results.

4 Key Areas for Optimal Cash Flow Management

ccapoccia — Wed, 08 May 2024 09:00:28 +0000

4 Key Areas for Optimal Cash Flow Management ccapoccia Wed, 05/08/2024 - 04:00

As the construction industry transitions into the new year, it finds itself in a similar position to someone adjusting to a new day after a long night — the once buoyant stimulus era, characterized by the Paycheck Protection Program (PPP) and Employee Retention Credit (ERC), has dimmed, leaving behind a commercial sector grappling with uncertainty and a residential sector tightening its financial belt. Now facing the dual pressures of inflation and rising interest rates, the industry must also contend with labor issues that continue to constrict profit margins.

Why Customer Research Should Shape Your Business Strategy

ccapoccia — Mon, 06 May 2024 15:20:40 +0000

Why Customer Research Should Shape Your Business Strategy ccapoccia Mon, 05/06/2024 - 10:20

In the architecture, engineering and construction (AEC) industry where projects are complex, collaboration is key and customer satisfaction is critically important, the relevance of your customers’ opinion carries significant weight.

Making the customer the focal point of a business strategy is not just a customer service tactic — it’s necessary for long-term success, growth and resilience in an ever-evolving business environment. It aligns your business with market demands and positions it for sustainable and profitable growth.

North America, Construction Diversity & the Next Steps

ccapoccia — Mon, 29 Apr 2024 15:05:11 +0000

North America, Construction Diversity & the Next Steps ccapoccia Mon, 04/29/2024 - 10:05

Legislation in both the U.S. and Canada enshrines the basic principles of equal opportunity to which the vast majority aspire. Gender, race, sexual orientation, age and a whole host of other potentially prejudicial elements to the recruitment process are strictly prohibited.

Despite that, the dice still seem to be firmly loaded in favor of men — especially white, middle-aged men. According to U.S. career experts Zippia in February 2023, there were 767,992 construction workers in the U.S. Of those, just 6.2% were women.

How Surety Bonds Helped Pittsburgh Pirates Score a Tech Victory

ccapoccia — Mon, 29 Apr 2024 10:11:35 +0000

How Surety Bonds Helped Pittsburgh Pirates Score a Tech Victory ccapoccia Mon, 04/29/2024 - 05:11

Surety bonds (not Barry Bonds) were the recent heroes for the Pittsburgh Pirates.

PNC Park, home to the five-time MLB World Series champion Pittsburgh Pirates, was due for a technology renovation — specifically, an upgrade to its video production capabilities. The project included new high-definition cameras, switchers and wiring, a $4.3 million project that would enhance the use of the stadium’s massive, relatively new scoreboard.

6 Ways AI Is Changing the Construction Game

ccapoccia — Thu, 25 Apr 2024 13:45:51 +0000

6 Ways AI Is Changing the Construction Game ccapoccia Thu, 04/25/2024 - 08:45

Not long ago, building information modeling (BIM) was the hottest topic in the construction industry. But that’s no longer true, thanks to ChatGPT. Now the big question is this: What can generative artificial intelligence (AI) — and AI in general — do for construction?

It’s still early days, but AI is already driving value, reducing risk and boosting efficiency and safety across the spectrum of planning, engineering, delivery and operations.

What You Think vs. What You Know

ccapoccia — Thu, 25 Apr 2024 09:40:39 +0000

What You Think vs. What You Know ccapoccia Thu, 04/25/2024 - 04:40

Strategic planning and business planning are two common elements of any business that get thrown around somewhat synonymously. Regardless of whether you think strategic planning is based on the long view and business planning is more tactical and in the here and now, there are elements of both that are often overlooked.

The Pros & Cons of Leasing Heavy Machinery

ccapoccia — Mon, 22 Apr 2024 13:55:11 +0000

The Pros & Cons of Leasing Heavy Machinery ccapoccia Mon, 04/22/2024 - 08:55

As a business leader in the competitive construction industry, you have to set short-, mid- and long-term goals regularly — all of which require careful financial planning. From the projects you take on to the timelines you set, and all the way to the human and equipment resources you need, these considerations can make or break your financial stability.

Inside Construction's 2024 Risk & Insurance Landscape

ccapoccia — Mon, 22 Apr 2024 10:00:09 +0000

Inside Construction's 2024 Risk & Insurance Landscape ccapoccia Mon, 04/22/2024 - 05:00

Uncertainty has defined the construction landscape for several years now. Just look across your own company. You’ve likely seen changes to your business, projects, employees and clients.

That change can alter your business’s risk — and the insurance necessary to protect it.

Persistent inflation has increased the cost of projects. Supply chain constraints, while improving, have limited the speed of access to materials and equipment. And despite the industry’s growth, skilled labor availability is still catching up with demand.