Masonry Magazine October 2007 Page. 57
Tech saves cash
A few years ago, I read an article about how General Electric reduced overhead costs 25 percent by implementing and maximizing the use of technology. This inspired me to make it our company goal to reduce paperwork by 50 percent. We researched and purchased the best integrated- construction project management software for a company of our size. It has helped us become more efficient as we eliminated paper, faxes and mail for project minutes, job correspondence, shop drawing tracking, subcontract logs, change order requests, daily job reports and many other items. We also contracted with a blueprint company who receives the plans from architects and engineers, and then transmits them to our subcontractors directly over the Internet.
To my surprise, the survey shows only 20 percent of subcontractors and 33 percent of general contractors use a comprehensive project management software package. What are they waiting for? Recently, I spoke at a Marriott construction conference. Marriott requires all of their contractors and subcontractors use the same software system for every project. On most government projects, a project Web site is built to handle all job- related matters, including scheduling, correspondence, changes and everyday communications.
Spend money to make money
The last question surveyed: "Do your kids know more about the computer than you?" Answer: Fifty percent said, "Yes"
The world is changing, and technology is a reality. Companies who realize it become leaders, while those who don't fall behind and never catch up. Technology can make you more efficient and professional, help you win more profitable contracts, keep track of job costs, and make money for you. Leading companies invest at least $2,500 per employee per year on technology. Are you keeping up with tech?
George Hedley owns Hedley Construction and Hardhat Presentations. He is the author of the "The Business Success Blueprint Series," now available in an eight workbook and audio CD sets. He is available to speak at your organization on his proven system to build profits, people, customers and wealth. Construction company owners are invited to attend his two-day "Profit-Builder Circle" boot camps, held regularly. For more information, call 800-851-8553, visit www.hardhatpresentations.com, or email gh@hardhatpresentations.com to receive a free copy of his book entitled "Everything Contractors Know About Making A Profit."
Copyright © 2007, George Hedley and Hardhat Presentations
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