Global construction software provider Payapps has launched an innovative new initiative, ‘Surviving to Thriving’, to look at how companies can thrive in a post-pandemic world
Entitled From Surviving to Thriving, the initiative provides a vital platform to support ‘open knowledge sharing’ to help the sector switch from survival gear into thrive mode and lays solid foundations for the sector’s continued success and evolution.
In recent years, the global economy has seen some of the most disruptive times in history, with the construction sector as susceptible to these challenges as other industries. Through a series of video interviews with contractors, consultants and trade organisations, along with written Q&As, the Payapps From Surviving to Thriving initiative will explore how the sector has managed through challenging times, what lessons have been learned and what the strategy could be for future success.
The pandemic gave businesses the opportunity to look outside of the box
Commenting on the initiative Neal Hooks, head of Payapps UK&I, said: “From lockdowns and travel restrictions to supply chain issues, skills shortages and project suspensions, many contractors across the construction sector have had to adapt and change the way they work and do business.
“However, through these challenges companies are actually finding the break from the norm is presenting opportunities to look outside of the box and assess their current way of working.”
As part of its initiative, Payapps has produced an e-guide called Thriving in the Construction Industry Post-Pandemic that looks at strategic areas businesses can focus on to help facilitate thriving in a post-pandemic environment.
Surviving to Thriving offers advice to companies to help and drive efficiencies
The guide advises companies to drive efficiencies by accelerating digital adoption; create operating models around people’s needs; incorporate operating resilience into new operating models; be more agile and adaptable; prioritise and act on mental health; and identify new business opportunities to ensure they position themselves for the long term.
The Surviving to Thriving initiative starts with six interviews from thought leaders in the construction industry where they shared how they approached the pandemic and discussed their tips and tricks for thriving during challenging times.
FIS – Digital and the construction industry
Many industries have undergone substantial change and the construction industry is no exception. The pandemic has highlighted structural problems throughout the supply chain, this has caused many within the trade, including FIS, to question industry norms and reconsider where and how firms could manage projects more effectively.
Iain McIlwee, CEO of FIS, talks about the issues faced by the sector and how risk management and digital adoption can improve efficiencies.
Zero Construct – Technology and net zero targets in construction
Johnathan Munkley, one of Zero Construct’s founding members, talks about carbon reduction, technology’s role and the challenges faced.
As a founding member of Zero Construct (a community whose mission is to tackle climate change head on and create an industry construction culture that continuously measures and manages carbon through all project stages) Johnathan understands the [importance of digitisation] in helping to achieve net zero.
DCW – Solving challenges through live construction events
The event director and co-founder of Digital Construction Week, Oliver Hughes, shares his thoughts on events and technology adoption. Oliver explores whether the wealth of information now available during a build will change the way companies approach the build process.
Jenner Contractors – Prioritisation of employee engagement and safety
Ella Brocklebank, head of communications and business development, discusses Jenner’s approach to the pandemic, what they focused on during the closure of the sites and how they kept up moral and provided support for each other over this challenging time.
Whitecode Consulting – Upskilling through continuous learning
Alex Hill, director of Whitecode Consulting, explains why combining staff training and technology reduces labour issues. Whilst the knock-on effects of the pandemic have predominantly been gloomy, the reality is that some businesses emerged from the other side of a turbulent few years in better shape. Alex discusses the impact of upskilled staff and their awareness of new approaches, and the ability to embrace new opportunities for digitalisation.
SWAG- A focus on mental health in the construction industry
Ella Brocklebank of Jenner discusses construction charity ‘SWAG’ and why tackling mental health is necessary for individuals to thrive. Ella shares how she helped bring the construction-focused initiative ‘Southern Wellness Action Group’ to Kent in order to save lives, and what the future holds for the group.
About Payapps
In these challenging times, it’s especially important to be able to easily and accurately predict cashflow in an efficient way. This often separates those construction businesses who are thriving from those who are merely surviving.
Every day, leading construction firms and thousands of subcontractors collaborate using Payapps to streamline the process of submitting and certifying applications for payment… making the payment process simpler, faster and fairer, and making cashflow easier to forecast.
To understand more about how Payapps can help your business thrive, visit uk.payapps.com or contact us today.
Chloe Leigh
Head of Marketing, UK
Payapps
Tel: 0191 651 1765
*Please note: This is a commercial profile.
