THE CONSTRUCTION INDUSTRY IS LAGGING
The Construction Industry has not seen a productivity gain since 1968, that is a huge problem (reference McKinsey Global Institute, 2018). If you have done any home remodels or built a commercial building in the last 50 years you can probably attest to the profound relevance of this stat. General Contractors and Subcontractors continually overrun budgets and schedules, not because they don’t care, they just don’t have equivalent tools to other industries like manufacturing or high tech to enable them to perform at a higher level.
LABOR COSTS ARE OUT OF CONTROL
There are many reasons for the cost and schedule overruns, but the #1 is labor execution. Having the right people, on the right task, at the right time. And over the past 25 years, there has been a shift in which players on the jobsite are executing the labor. In today's modern construction jobsite General Contractors have transitioned into Construction Managers moving 95% - 100% of the jobsite labor execution to the Subcontractors; concrete companies, framing companies, plumbers, and roofers. During this transition, Construction Managers began to see some technology improvement with scheduling and documentation software. The Subcontractors have been totally left behind creating a current world of cost overruns and schedule delays. Enabling Subcontractors to accurately «Plan for Profit» will ultimately lift the entire Construction Industry over the next 20 years.
BlackHyve is the tool to rebuild the foundation of the Industry by lifting up Subcontractors.
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