Reinventing construction through a productivity revolution

This report from McKinsey Global Institute outlines the significant productivity challenges facing the construction industry, which employs about 7 percent of the global workforce and spends $10 trillion annually. It identifies seven key areas for improvement, emphasizing the potential to increase value added by $1.6 trillion if productivity aligns with the broader economy.
Authors: Filipe Barbosa, Lola Woetzel, Jan Mischke, Maria João Ribeirinho, Mukund Sridhar, Matthew Parsons, Nick Bertram, and Stephanie Brown.
Topics include: construction productivity, economic impact, mass production approaches.