Page 12 - Report- Procure 2020 FMi INDUSTRY

2020 FMI INDUSTRY REPORT

How the Industry Is Handling These Concerns

Of the industry’s top three business concerns, jobsite safety is being proactively managed, but firms
are making little headway in addressing field productivity or talent acquisition and retention. This data
exposes key areas for improvement as firms work to ensure their future success.

As the pace of construction continues to accelerate and the labor market continues to tighten, the
consequences of failing to address these concerns will only intensify. Without a skilled and productive
team, for example, firms will struggle to meet project schedules, satisfy customer needs, and win
project bids.

The construction industry

is lagging to address 2 of its top

3 concerns.

1 (not very well)

2
HOW WELL DO YOU BELIEVE YOUR
FIRM IS HANDLING THE FOLLOWING
BUSINESS CONCERNS?
3

Getting insights from your data 2.8

(TOP CONCERN) Attracting and retaining skilled labor 3.2
4
(TOP CONCERN) Maximizing field productivity 3.3
Meeting compressed project delivery schedules 3.4

Limiting the amount of rework 3.4

Communicating/coordinating with project stakeholders 3.6

(TOP CONCERN) Maintaining a safe jobsite 4.4 5
(extremely well)

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