Building on a Lasting
In some ways, it will change a great deal and in others
hardly at all.
We can expect significant changes in technology, overall
productivity, and in the composition of the workforce.
Already, the design side of the industry has experienced
technological innovations unlike anything that could have
been anticipated just ten years ago. We will see the impact
of technology in construction itself much more in the decades
What we look like as an industry also will be markedly different
in the years ahead. Many more women and minorities will staff
the industry at all levels and in all sectors.
White males, many of whom are expected to retire over the
next decade, will no longer be the majority. As in any industry
that loses senior people, we could also lose experience and
technical knowledge. But I am confident the industry will
rebound stronger than ever with an even more diverse and diligent
workforce raised on new technologies and management innovations.
Not likely to change is the importance of relationships among
individuals, firms and organizations. We rely on one another
through trust and experience. The camaraderie and pride of
accomplishment that is ingrained in our industry will not
Perhaps most importantly, our industry will gain respect
and stature in the City of New York and elsewhere as we demonstrate
our economic importance, generous spirit, and leadership in
many aspects of New York life.
Since September 2001, our colleagues in government and business
no longer underestimate this industry. We must build on this
new respect and emphasize what we accomplish and contribute
every day. That lasting legacy should not and will not be