The construction industry needs to take actions to close its talent gap as one major hurdle for its digital transformation

Recently, transformative technological developments, like 3D-printed houses, automated construction equipment and pre-fabricated skyscrapers, emerged. The digital transformation of the construction industry has the potential to uplift the decade-long stagnating productivity of the industry which is crucial for society’s well-being, economic prosperity and for the impact on the environment.

However, the industry needs new talent and skills to adopt the new technologies. The report, Shaping the Future of Construction: An Action Plan to solve the Industry’s Talent Gap, provides twelve key actions which needs to be implemented to close the structural talent gap of the construction industry.

The report, developed in collaboration with The Boston Consulting Group (BCG), is the outcome of a roundtable with more than 30 high-profile representatives from leading global design, engineering and construction firms, industry associations, governments and academia. The report outlines actions and successful implementation examples on company-, industry- and government-level.

Report by the World Economic Forum