KPMG introduced a new concept into its Global Construction Survey 2019 earlier this year. The Future-Ready Index, a way for the industry to measure how prepared they are for the future.

The survey contains a self-assessment tool, a questionnaire which allows companies to benchmark and compare where your organization places on the Future-Ready Index compared to others.

“It’s an evolution of the previous surveys to say, ‘we know there is big change coming, what do you need to worry about as you go forward’ and we categorized the results into three major components which were people, process and technology adoption,” explained Gary Webster, national Canadian infrastructure practice leader and global head of capital projects at KPMG.

“If you look back at the very early surveys, a lot of them were around risk and controls. While that has gotten better over time as the survey has gone on, the adoption of technology was always something that was far out there but now it has become very real and there are a lot of people saying ‘what the heck am I doing.’ ”

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