Survey finds firms running on hand-to-mouth basis

By Jordan Marshall2018-04-18T06:01:00

Source: Shutterstock / IR Stone

Companies prioritising short-term financial goals

Tower cores with cranes

Source: Shutterstock / IR Stone

Almost 50% of construction firms are more concerned with immediate financial goals than long term business resilience, according to a survey by an industry thinktank.

In a survey from Constructing Excellence off the back of Carillion’s collapse, 43% of firms said immediate financial goals were more urgent than the long term survival of the firm.

The survey of 100 senior business managers and executives from construction companies, found there were several key barriers to long-term business resilience within the industry.

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