Very few companies are really serious about transformation and often approach it in the wrong way says to Frans Pienaar, chair of Inyatsi Construction.
“Very few companies are really serious about transformation and often approach it in the wrong way,” he said in an overview of the sector for 2016. In Pienaar’s view, society is more than ever tired of money being misspent. “In 2016 society and the authorities will emphasise quality and delivery as a priority. Transparency will increase and it will become increasingly difficult to hide poor service delivery,” he said. “Social media have opened a whole new platform and information can go viral in seconds. The challenge remains to improve business efficiencies to survive in the competitiveness of the business environment. The important issue in construction for 2016 is to build sound structures and not just structures.”
He does expect a rebalancing in the construction sector in 2016, due to construction activity “fading” in the mining sector, but picking up in home building.
Yet, he pointed out that studies show while it will have an influence on the construction industry, it will probably not be enough. “If client bodies were really serious about transformation, they would engage businesses that are prepared to make radical changes to make transformation profitable,” said Pienaar.
Read more here. -Fin 24 (
Carin Smith)
