Document Detail

Title: AR-2004 - CII 2004 Annual Report
Publication Date: 5/1/2005
Product Type: Annual Report
Status: Supporting Product
Pages: 20
The 2004 Annual Report looks at our progress during the year. Take some time to reflect on our industry and its role in the global community, and then begin to plan for the future. Together, we can make a difference.
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Abstract

Numerous challenges sprang up on the engineering and construction landscape in 2004. Some of these challenges are old (but still bothersome), some seem almost déjà vu, and some will require us to take new approaches. Unless we are to be left behind as a force in the global economy, we will have to meet these challenges by forcing ourselves to change.

The challenges that have been around forever, of course, have to do with the very essence of the constructed project: time, materials, and labor. Since the building of Westminster Abbey during the reign of King Henry III, construction has been viewed as a way to a better quality of life. And our industry continues to evolve with better tools, better materials, and better skills. But attracting a young and energetic work force is critical. Our research shows we must do more to present engineering and construction as a place where our young leaders can be mentored and have career paths in an interesting and stimulating environment.

Inflation has taken on a déjà vu effect for all of us. CII was established as the result of not only the labor strife that beset the industry in the late 1970s, but also by spiraling, uncontrollable inflation. Industry leaders investigating those problems foresaw the need for research and the application of research findings in order for the industry to improve, to be competitive, and to whip inflation. Now, different forces are coming together to create the infl ation challenge: the declining dollar, China and its rapid development, the rising price of oil and natural gas, and increasing steel prices.

Finally, we come to the challenge of finding new ways to do what construction is supposed to do: increase our quality of life. We’ve entered the 21st Century and the Information Age and we must incorporate knowledge and share information in every facet of our work. Again, our research shows we need to improve by an order of magnitude in using technology, in managing knowledge, and in communicating.

Given the spirit of engineers and constructors around the world who have taken on the immense task of building our infrastructure, our buildings, and our way of life, I’m convinced that we’ll meet all of the challenges and continue to improve as individuals, as industry participants, and, collectively as an industry, we will continue to be a major force in the world in which we live.

The 2004 Annual Report looks at our progress during the year. Take some time to reflect on our industry and its role in the global community, and then begin to plan for the future. Together, we can make a difference.