Construction KPIs can be a little bit confusing at first, so let’s start with the basics. What is a KPI? A KPI is an acronym for “key performance indicator.” These indicators function as signs that your company is functioning according to plan. It involves prioritized metrics that are “key” to your business and the way that it functions and operates.
Workforce planning is a key element to any business, but yet many people don’t even know what it is! If you don’t know what strategic workforce planning is and, therefore, aren’t using it in your business – you are seriously missing out. In a world where profit and efficiency are critical to a construction company, you obviously want to do everything you can to maximize these and grow your business in the future.
Workforce management is a complex aspect of human resources that works to ensure that a company has the necessary team members doing the right things at the right time. The main point of workforce management is to increase the productivity and efficiency of your employees and ensure that they aren’t wasting time on time-consuming tasks that can be automated or streamlined.
Meetings have taken the working world in North America by storm. In fact, there are roughly 25 million meetings per day in the US alone. It’s estimated that more than $37 billion dollars are spent on unproductive meetings each year.
Let’s face it, blog posts about spreadsheets are about as engaging to read as spreadsheets are fun to use, but there’s clearly a movement happening right now with construction technology and software solutions looking to pull the industry out of static spreadsheet systems like Microsoft Excel or Lotus 1 2 3 for resource and workforce planning. The reason for that is very simple.
