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COVID-19: UK industry focus - Where next for engineering and construction?
The engineering and construction industry is inevitably being slowed severely by shortages of materials, social distancing restrictions and contract terminations to control costs. Businesses across the supply chain will need to conserve cash and many will need to pause or stop projects.
While the short term effects of the pandemic are keenly felt by the industry, it must also be aware of the potentially transformative longer term impact. This can be achieved by adopting new operational models, overhauling building practices, and reimagining the public and private places we all inhabit.
To emerge from the current crisis in the best possible shape, we advise taking a series of short, medium and long term measures, to truly adapt and thrive.
“In addition to its wider challenges of the shift to a net zero agenda, the sector often characterised as conservative and staid now has an opportunity to adapt and thrive.”
How we can help
This insight is brought to you using the capability of Strategy&, PwC’s global strategy house, alongside our PwC industry experts. Together, we transform organisations by developing actionable strategies that deliver results.
We are uniquely placed to combine strategy with technical, industry and execution expertise. We embed our strategy capabilities with expert teams across our PwC network, to show you where you need to go, the choices you’ll need to make to get there, and how to get it right.
The result is an authentic strategy process powerful enough to capture possibility, while pragmatic enough to ensure effective delivery. It’s the strategy that turns vision into reality. It’s strategy, made real.
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