close
Richard Threlfall KPMG

A spirit of activism drives changes

The construction industry is in a very exciting place at the moment and there are five key reasons to feel optimistic:

The need for infrastructure investment is understood; the value of infrastructure is better appreciated than it has been for many years; the general economic uplift is increasing demand; there is a pipeline of work; and there is a spirit of activism to drive changes.

Going forwards, this is going to be a different kind of industry. We need to change not only the industry, but also the image of it that we all portray. 

Beyond that there is a revolution that is about to engulf the industry, comprising Business Information Modelling (BIM), offsite and modular construction, greener and more sustainable construction, and information technology that will unite the supply chain. We are heading, above all, for a younger, more diverse and more ambitious industry. 

Going forwards, this is going to be a different kind of industry. Wherever I go, what really strikes me about the industry, is the universal desire for change and the desire to see that change happen as rapidly as possible. My spirit of optimism about this industry is driven by this desire. 

We need to change not only the industry, but also the image of it that we all portray. We need to believe in this industry as a key driver of economic growth in this country. We need to believe in this industry as the creator of quality of life. We need to believe that this is an industry capable of being at the forefront of technology, not lagging behind.

If we can do all that, then we will attract the brightest and the best of future generations into this industry. On that basis I believe the future of this industry is very bright indeed. 

Richard Threlfall is a partner at KPMG

To download a free copy of KPMG Focus follow the links below:

From iTunes: click here

Online magazine: click here

For android device: click here