Manager merry-go-round causing mayhem for contractors

Grant Prior 5 years ago
Share

A revolving door of senior managers is being blamed for causing financial problems at major construction companies.

Industry experts believe the “merry-go-round” of senior staff is often the root cause of contract problems.

One senior figure told the Enquirer: “It’s definitely a pattern we are seeing more and more of.

“You get these people who come in to roles like regional directors who then start chasing work to make their division look healthy to the main board.

“Experienced staff below them will have their reservations but no-one can really stop the new person in charge.

“The directors are often incentivised with bonuses for winning new work so the order books fill up with jobs which aren’t purely focused on the bottom line.

“The nature of construction is that those schemes take years to work through and often by that time the directors have moved on to another company.

“They often leave behind a pile of problems but just walk into a new job.

“It’s a bit like being a football manager.

“Once that’s on your CV you always seem to get a new job no matter how poor your track record is.

“Obviously it’s not the only issue causing problems in construction but it’s a real factor and something which will continue to be a problem until a new generation of talent comes through.

“We’ve hired supposedly big names from major contractors before and after a few weeks it was obvious they were useless.”

Latest news

Civils work fuels fastest output rise in two-and-a half years

Construction buyers see September surge
2 hours ago

Renew sells Walter Lilly building arm

100-year-old building business sold to luxury contractor Size
16 hours ago

Work to start on Teesside and Merseyside carbon capture schemes

Government commits £22bn funding to world's first industrial-scale carbon capture projects
16 hours ago

Flagship £200m London Premier Inn scheme approved

700-bed hotel to be built on the Strand near Trafalgar Square
17 hours ago

Kilnbridge appoints new construction director

Former McGee director Darren Wickins joins concrete frame specialist
17 hours ago

HS2 trial to replace cement with baked clay

Extra funding for programme to replace cement in concrete with calcined clay
16 hours ago

Subcontractors wanted across the South West

Register now for latest Constructionline event in Bristol
15 hours ago

Galliford Try profits and revenue surge

Release of delayed building jobs and surging water spend boosts firm
2 days ago

Octavius Infrastructure national expansion push pays off

Revenue leaps 28% to £277m with order book at over £1bn
2 days ago

Skanska staff get access to digital doctors

Contractor launches benefit for staff and their families
2 days ago

Another new name for former Kier Living housing arm

Tilia Homes and Hopkins Homes now known as untypical
2 days ago

Danny Sullivan Group buys M&E recruitment firm

Acquisition boosts presence in infrastructure sector
2 days ago

Sisk in talks to finish ISG’s £200m Teesside vaccine plant

First big job to restart since crash of ISG nearly two weeks ago
3 days ago

Wates snaps up 1,100-staff social housing upgrade contractor

Liberty deal spearheads push into heating and compliance market
3 days ago

Go-ahead for Liverpool film studios and museum jobs

£60m Littlewoods film studio and £58m museum revamp approved
3 days ago

London RC frame specialist goes under

Bela Structures had a 100-strong workforce at peak
2 days ago

VolkerWessels lifted by marine arm’s return to profit

Group operating margin slips to 2.5% in challenging year
3 days ago

United Living appoints Director of Water

Scott Beard joins from Welsh Water where he was head of engineering
3 days ago

HE Simm eyes return to profit after £10m loss

£4m family cash injection helps engineering division rebound
3 days ago

Dragados lands Elephant & Castle tunnel deal

Work to start next year on excavating 135m of new passenger tunnels
3 days ago

Caddick bolsters Midlands construction team

John Currie and Ian Calder to oversee operations in region
3 days ago

Angry staff call for investigation into collapse of ISG

Former staff say business began to unwind two years ago amid management failures
4 days ago

Direct labour model lifts Clancy to record revenue

Pre-tax profit jumps 55% to £21m from £379m revenue
4 days ago

Tyne Coast College put firms on alert for £60m campus job

Tenders set to be invited for South Shields town centre college campus
4 days ago

Costain trials project carbon tracker

Online tracker helps contractor measure emissions across supply chain
4 days ago

Sisk starts £80m Manchester Ancoats resi blocks

Jersey Wharf and Eliza Yard will provide 316 flats
4 days ago

Rayner scraps London housing plan review

Mayor's annual target hiked to 81,000, up from 37,000 delivered in recent years
4 days ago

Vp lands rail supply deal with Balfour Beatty

Torrent Trackside division wins two-year deal
4 days ago

L&G modular homes amassed loss hits £359m

Firm still counting cost of failed foray into modular homes
5 days ago

£200m Wimbledon tennis courts expansion approved

Plan includes 8,000 seat covered show court alongside 38 more courts
5 days ago

Contractor services