Opinion

Why measuring productivity is key to industry success

It is only by measuring construction site productivity that we can build a stronger, high-performance sector, says Katy Dowding.

“Productivity isn’t everything, but in the long run, it’s almost everything,” as Nobel laureate in economics Paul Krugman once said. Higher productivity is what drives higher profitability for business and wages for workers.

The construction industry has long struggled with the P-word too. Our average productivity levels (less than 0.5% improvement year on year) remain consistently below the UK’s economy (more than 2% on average). It’s for this reason that Be the Business, a not-for-profit organisation on a mission to boost UK productivity levels, united some of the biggest names in construction to form the Construction Productivity Taskforce.

Within the taskforce, we have three interlocking pillars of activity: collecting productivity and waste metrics to inform better decision making; improving the contracting process through a private sector playbook that builds on work already carried out in the public sector; and trialling methods of improving productivity on construction sites across the UK.

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