The Reality of Insolvency in the Construction Sector
The reality is insolvencies in the construction sector have doubled in the last 12 months. Marco, Director - Head of FTS ...
28 October 2021
During it’s development, agile working’s taken different forms over the last few years, including the expansion to hybrid or blended working as a result of the pandemic.
In essence, it’s a combination of bringing people together, providing flexibility through processes, time management and working locations in order to achieve a desired outcome in the most effective way possible. You’re probably thinking this sounds like flexible working where you work your hours in the week, to specific hours set, and then you’re done. However, agile working’s a transformational change for a business and its team, removing the stigma of being the first one in the office and last one out, and encouraging a healthy work life balance.
Construction related professional services firms are very much like us; people businesses where the people are our greatest asset so getting the agile working policy right can be crucial to retaining and attracting talent.
Over the last year, businesses have had to adapt and change at a rapid pace, with many finding themselves forced to implement remote working, or changing working hours to fit around life at home. In a time where the typical 9 – 5 office day has been thrown out the window, we’ve been pushed into finding alternative ways of working – ‘agile working’ being one of them. As a result, we’ve seen more and more companies adopting an agile working practice, providing flexibility for both business and employees in uncertain times.
The list’s endless when it comes to creating an agile working environment, it’s gone from a ‘nice to have’, to a necessity for many, as life in the built environment sector’s often unpredictable, and technology means we’re accessible beyond the boundaries of the traditional working day. There’s a strong shift in focus from employees, from just the output they can create, to their health and wellbeing. Having flexibility with your employer is therefore vital; it strengthens the psychological contract and a mutually beneficial relationship.
These are just some of the benefits often attributed to a more agile working scheme;
Putting an agile working policy and practice in the built environment sector will need some planning – it’s inevitable and will mean a change in your current way of thinking, but it’s advantageous in the long run. Not only will it increase workforce motivation and satisfaction, but through many studies undertaken, productivity and creativity increase. If you’re not yet sold on the prospect of agile working, you may wish to consider the following:
If the answer is yes to any of these questions, then agile working is and will most definitely work effectively within your business or practice.
The reality is insolvencies in the construction sector have doubled in the last 12 months. Marco, Director - Head of FTS ...
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