Dive onto our journey, featuring a captivating conversation with Scott Power, the Chief Executive Officer of the esteemed BMD Group. We explored the crucial elements that contribute to the thriving success of construction companies beyond just grand visions and ambitions. BMD’s awe-inspiring story spans over 41 years, transforming from a modest enterprise into a diverse organization offering integrated civil engineering, construction, design, property development, landscaping, and maintenance services. Guided by Scott’s visionary leadership, BMD has become a prominent national contractor and ventured into international operations.
Nailing It: Key Takeaways from the Podcast
- Community support is recommended to include sponsorship of local charities and clubs, especially during challenging times when many businesses seek support.
- The engagement of all tiers of contractors is crucial for industry sustainability.
- The industry should prioritize productivity improvements and efficiency gains in areas beyond risk allocation to achieve cost savings and better outcomes.
- Shifting towards a more aligned approach that considers both client and contract objectives can lead to positive outcomes for the entire industry.
- Breaking down large infrastructure projects into smaller contracts can create more opportunities for tier-two and tier three contractors.
- Embracing technology and innovation drives productivity and delivers better outcomes.
- Change management is a crucial aspect of digital transformation in construction.
- Bring emphasis on people in all aspects of your business. Prioritise the well-being of your employees and recognize the importance of their support networks, including families.