In the 2017 report “Reinventing construction through a productivity revolution”, McKinsey argued that, if construction sector productivity were just to catch up with that of the total economy, there would be a cumulative productivity boost of up to 60%, translating into a 2% global GDP boost.
The report highlighted seven areas which, if acted in simultaneously, would permit us to achieve these gains. Here they are – with some startups that are making waves in these areas, curated by Chris Stephenson, partner at venture capital firm Concrete VC.
