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The construction industry stands at the crossroads of transformation, where the infusion of cutting-edge technology is redefining traditional practices.
Amidst this pivotal juncture, we have the privilege of engaging in a thought-provoking dialogue with a true trailblazer in the field – David G Fisher. With a remarkable track record and a keen eye for industry trends, David has earned his place as a distinguished influencer in the construction domain. Let’s dive into the interview and learn his invaluable insights.
Who Did We Interview?
David G Fisher is a highly experienced professional with a distinguished career spanning over 43 years in the construction industry. He embarked on his journey as an apprentice carpenter in residential construction, where he honed his skills and developed a strong foundation in the field. With his dedication and hard work, he quickly progressed through the ranks, becoming a foreman in commercial construction at the young age of 22.
In the role of construction management, David took charge and managed the construction of various projects, including shopping centers, 1.2-billion-dollar cancer centers, hospitals, data centers, warehouses, and office fit-outs. His expertise and leadership qualities were evident as he successfully oversaw the completion of all these complex and diverse projects.
David journey in the construction industry also included starting his first business in 1987 as a residential builder specializing in timber homes. This gave David the desire to learn more about business, this was the beginning of the school of hard knocks.
After 8 years, it was time to move on to the next adventure in the commercial construction and development sector. David learned that if you want to do something great, you must do it with a great team. This was the beginning of business partnership developments.
The pipeline of projects in 2023 is still very strong, the housing sector has slowed in the southern states of Australia due to interest rates and the availability of cheap land. Immigration is strong, and this will help continue building new homes throughout Australia, and we don’t see this slowing in the short term.
The commercial sector is still strong within southeast Queensland, currently ramping up to build new stadiums, public buildings, upgrade transport infrastructure, and all the associated building works related to hosting the Olympic games in 2032. This is an exciting time for Brisbane and the Gold Coast.
The construction industry has been slow to adapt to the use of software; however, over the past few years, a lot of construction companies have now taken the big step to introduce project management software, work health and safety apps, and software at the hand of the teams on the construction sites.
The early adopters were the tier 1 and 2 builders; however, due to the use of scanner apps, the introduction of the paperless world due to COVID, the balance of builders and subcontractors have now introduced the digital world to their businesses and can now see the benefits of compliance, information storage and the efficiencies of using a tablet anywhere on the site.
The construction industry's biggest challenge I see now is the shortage of skilled tradespeople to keep up with the pace of the growth demand within Australia and the shortage of experienced construction management personnel with the appropriate licenses and wisdom to meet the demanding timelines on project deadlines and budgets.
Due to the aging management population, the construction industry needs to be faster to adapt to technology. However, the next generation has taken the batten and is now running using software programs in every part of the construction site and the office. With 3D modeling and machines to lay bricks and blocks, technology is here to support and help fill the labor gap. Machines don’t stop for lunch if it rains or to go on strike for more pay.
Technology will greatly boost productivity for engineers, designers, and project management teams in the next few years. Buildability and constructability will become the future of project design and management, providing a better outcome for all stakeholders.
We are only at the beginning now; with the introduction of AI over the past 18 months, robots around the corner, and an evolution of new possibilities in the world of technology, the future looks exciting for the construction industry.
With one-third of the construction industry retiring in the next 5 years, this will create a lot of opportunity for builders and the trades to increase their margins, and the demand for wages and salaries will increase dramatically.
The consumer will have to pay a lot more and wait long to complete their projects. However, if we use technology to our advantage, we could fill the gap and ultimately provide a better product and service to society in general.
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More Details
After spending decades in the construction industry, David is sharing his experience and wisdom to help new and existing construction businesses become sustainable first and then scale for profit or sell.
Shawn Sauve
VP - Sales Dynamics Practice Lead
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