Last Updated on April 17, 2023 by Admin
The business media spends so much time covering the technology sector you’d think the construction industry didn’t exist. Maybe it’s the fact that people enjoy reading about technology more than they do the sometimes-dry world of construction. But truth be told, in good times and bad, it’s the building sector that helps rev up the economy and turn things around.
Without houses, stores, offices, and buildings of all kinds, the economy as we know it would slow to a snail’s pace. What does it take to achieve success in today’s construction industry? The answer to that question is very different from what it would have been just a decade ago. Here’s a summary of the core components of a typical, modern construction company.
Business Development
Business development (sales) teams are the front-line workers in the industry. Without their ongoing efforts to identify, woo, and bring in new potential customers, no company would survive for long. Once a biddable job materialized from a customer, the development team hands off to proposal writers to craft an appropriate bid.
Fleet Management
Even small companies in this field need to stay focused on maintaining a top-notch fleet management system. If the topic of general vehicle safety is new to you, it helps to review a guide on the latest wave of safety technology devices and programs, collision avoidance systems being at the forefront of the niche.
It’s rare for a constructor to sub out the entire transportation and delivery function. In fact, most firms in the industry maintain moderate to large fleets for conveying supplies and equipment from one job site to another, especially if they focus on projects within a single city or region.
Proposal Writing
The unseen factor at the heart of the bidding process is proposal writing. When an organization sets out to hire an architect/builder, they have to follow stringent guidelines based on their industry, the jurisdiction in which they operate, and other constraints.
Marketing professionals who write bids (called proposals in the industry) carefully craft these specialized types of job applications in order to win work. Having a top-notch proposal writing team is one of the essential ingredients for long-term financial success.
Specialization
With a few rare exceptions among the largest companies in the industry, specialization is a core component of success for most constructors. Nowadays, it’s almost necessary to specialize in one or two types of work, like electrical, roofing, or foundation-laying. The other advantage of specializing is that you can achieve high levels of competence after just a few large jobs and expand your company’s list of biddable jobs.
A Company-Wide Safety Philosophy
Ask any construction worker, manager, or executive the one written word they see most frequently at a job site, and you’ll get the same answer every time: safety. Any building without a detailed, company-wide safety philosophy, mission, and statement is asking for trouble.
Safety on the job is of paramount importance in an industry where human beings are routinely subjected to very dangerous conditions, working at great heights, for example, or with hazardous substances.
