Building a productive future
A detailed strategy for improving productivity within the construction industry by 20% by 2020 raises the bar for the industry and, if these targets are met, could substantially lift gdp.
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A detailed strategy for improving productivity within the construction industry by 20% by 2020 raises the bar for the industry and, if these targets are met, could substantially lift gdp.
Productivity is a complex topic and the source of much debate. What everyone agrees on, however, is that the development and deployment of skills has a positive impact on workplace productivity.
Another arm of the Productivity Partnership is the Construction Systems Workstream. It now has a core team and has started work on several key projects.
Overseas experience is also being used to assess how New Zealand’s construction industry productivity might be reformed. At the heart of the findings are what brings about the change and how to grow and manage the productivity improvements.
Productivity varies from sector to sector in the industry but it’s important across the board, as it affects a firm’s profits and the price to clients.
Small companies should think through the procurement process, making it a proactive integral part of their business. That way, they can smooth hurdles and improve productivity.