"Without continual growth and progress, such words as improvement, achievement, and success have no meaning."

— Benjamin Franklin

Meaningful words for today from Benjamin Franklin?  Yes, we need to get our arms around just that.  Who does this quote apply to?  Well, everybody.  But just saying it applies to everybody certainly does not mean that everybody understands that.  The business executive “always gets it”.  Simply because achieving success is at the forefront of their thinking every moment of every day.  What is not often understood is “whose growth and progress” are we talking about?  Not one single business executive or manager at any level can achieve success unless they have a team of people doing the real work of business—whatever that might be.  The business executive MUST measure their continual growth and progress by that of their people.  Providing development opportunities, for growth and progress, to every single person in a company is essential.  Without the growth and progress of “working people” such words as improvement, achievement, and success “of the business” have no meaning.  Still, Benjamin Franklin.

— Wayne Jensen

Presented by: Wannemacher Jensen Architects, Inc.

DIG INTO THIS ONE

Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business which any person or organization can adopt to help achieve their goals.

IN THE NEWS

Construction job openings have experienced a minor decline.

The labor market may be cooling down, but don't expect construction labor issues to disappear anytime soon, as suggested by an economist. In August alone, the construction industry boasted a staggering 350,000 job openings, a slight dip from July but a significant surge compared to the previous year. Remarkably, the rate of active recruitment in construction has remained impressively steady throughout the summer months. Although there was a decrease of 15,000 quits in construction between July and August, indicating a slight alleviation of labor constraints, the demand for skilled construction workers remains unwavering. As a result, contractors are eagerly preparing to expand their staffing in the upcoming months.

The Remarkable Evolution of Construction: Pioneering the Path from Earth to the Moon with 3D Printing

In the realm of construction, innovation reigns supreme. The game-changing power of 3D printing is sweeping through the industry, leaving no stone unturned, not even on the celestial body of the Moon. A pioneering Texas-based company has already harnessed the potential of 3D printing in construction, delivering unparalleled speed and precision while slashing costs. Even NASA, the epitome of cutting-edge technology, is delving into the realm of 3D printing for lunar habitats. It is imperative for construction professionals to wholeheartedly embrace this transformative technology, as it promises faster project completion, cost-effectiveness, and a greener approach. Brace yourselves, for 3D printing, is reshaping the very fabric of our industry, propelling your projects from the confines of Earth to the limitless expanse of the Moon.

A Bristol-based business champions inclusivity in the built environment, paving the way for a more diverse and accessible future.

A game-changing force in Bristol's construction scene, a visionary company is boldly transforming the city's landscape with an unwavering dedication to inclusivity. Through the integration of groundbreaking designs and state-of-the-art technology, this organization is leaving no stone unturned in its mission to make public spaces, commercial structures, and homes accessible to everyone. With an audacious vision to revolutionize Bristol's infrastructure, this company is setting an awe-inspiring precedent for the entire industry. Leading the charge is the indomitable Managing Director, Nikki Davies, who fearlessly confronts the industry's lack of diversity and inclusion, underscoring the urgent need for transformative change.

The UK Government firmly rejected the proposed office plans for the iconic London Bridge tower.

The rejection of two office-led tower proposals in New City Court at London Bridge by the government is a clear demonstration of their commitment to preserving the historic surroundings. Communities Secretary, Michael Gove, boldly voiced his stance against these high-rise schemes, recognizing the potential harm they could inflict on the area's rich heritage. Great Portland Estates (GPE), the developer behind the original plans submitted in 2018, faced criticism regarding the height of their proposed building, prompting them to revise their scheme in April 2021. Despite the council's failure to reach a decision, GPE took matters into its own hands and appealed both applications, ultimately securing approval. While Gove acknowledged the positive impact of the upper-floor public gardens, he expressed valid concerns regarding the ground-floor space.

Exciting LA Development Poised to Generate Over 1000 High-Quality Jobs

The Apollo development in Los Angeles' South Bay is set to be completed in 2025. Cityview and Stockbridge are partnering with WPIC Construction, AC Martin, Nadia Geller Designs, and MJS Landscape Architecture on the project, creating over 1,000 jobs. Located at 12888 Crenshaw Boulevard, Apollo is within proximity to various amenities, including job opportunities, transportation, and popular attractions. The development offers a range of floorplans with modern features and amenities, including a resort-style pool and spa deck, fitness center, and community room. Apollo aims to achieve LEED Silver and FitWel certification, making it more energy-efficient and sustainable. City National Bank and Banc of California provided construction financing.

DRIVE PROFIT

Embark on an exhilarating journey into the boundless realm of construction's future alongside the visionary, Philip Lund-Nielsen.

The construction industry is constantly evolving to meet the demands of a growing world. 3D printing has emerged as a game-changer in this industry, offering solutions to various challenges. The construction sector represents 13 percent of the global GDP and faces major challenges such as low automation, a shortage of skilled labor, high greenhouse gas emissions, and slow evolution of construction practices. 3D printing technology has the potential to address these challenges by automating construction, reducing costs and labor, improving precision and safety, accelerating project completion, promoting sustainability, and enabling creative designs. However, some challenges need to be addressed, including investing in skills and knowledge, encouraging innovative thinking, building partnerships, and developing new building codes and standards. Despite these challenges, the future of construction 3D printing looks promising, with larger and more reliable printers, ambitious projects, expanded applications, and complementary tools. COBOD International is a leading supplier of 3D printers for the construction industry, aiming to make construction faster, cheaper, more sustainable, and with added design freedom.

DIRECTION OF THE BUSINESS

Here are nine powerful ways in which AI is reshaping the construction industry, propelling it towards a future of unparalleled efficiency and innovation.

AI is revolutionizing the construction industry across multiple fronts, instilling a newfound sense of safety and efficiency. By diligently monitoring job sites and swiftly identifying potential hazards, it ensures the well-being of workers. Moreover, it streamlines planning, design, and prefabrication processes, leading to substantial cost reductions and heightened productivity. With the aid of AI-powered project management tools, companies can effortlessly adhere to schedules and budgets, fostering a seamless workflow. Resource management is also optimized through AI, minimizing waste and maximizing efficiency. The integration of AI-powered sensors and cameras guarantees impeccable workmanship, eliminating costly mistakes. Furthermore, predictive maintenance facilitated by AI curtails equipment downtime and associated expenses. The advent of AI-powered vehicles diminishes the reliance on human labor, bolstering safety measures. Collaboration tools, fueled by AI, enhance communication and decision-making, propelling projects toward success. By meticulously analyzing data, AI empowers businesses to enhance their sustainability efforts. Embracing AI is the key to construction companies maintaining a competitive edge in the industry.

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