Coronavirus vaccine: hope for the US construction industry?
Following various announcements in recent weeks that a number of vaccines have shown promising results in early trials and clinics, we are beginning to see the first signs of hope as we look to eradicate coronavirus worldwide.
Especially for those in the construction industry, where major infrastructure projects have been delayed or put on hold as a result of the pandemic, the news of a successful vaccine has been welcomed across the entire industry.
Back in March, when COVID-19 began to put a halt to construction operations, there was an overarching sense of doubt as to when projects could resume. Despite all of this adversity, construction firms of all sizes have risen to the challenges faced and managed to operate as safely as possible in recent months.
At G&E Partners, we have continued to monitor the situation across specific construction and built environment markets, and while we have managed to continue working on securing placements as part of executive search campaigns across the world, we are delighted at the news of a vaccine being rolled out in 2021.
Initial trials show that the Pfizer, Moderna and AstraZeneca/University of Oxford vaccines show protection ranging from 70% to 95%, with reports that a limited number of people could receive the vaccine before the end of this year. Although safety and efficacy data needs to be tested and confirmed, the signs are very encouraging.
Particularly in the US, where construction officials have been vocal in their requests for the country to establish a nationwide vaccine distribution plan to avoid further delays, the news of a plan to immunise the entire population will help the industry as a whole to bounce back significantly.
There are, however, some extra considerations that need to be made within the construction industry. According to a research study, it was revealed construction craft workers are less likely than other types of workers to have themselves vaccinated for seasonal flu.
This highlights the fact that construction firms need to operate as carefully as possible in order to prepare their workforce for life after COVID-19, as well as putting plans into place to ensure the safety of an entire hierarchy.
In order to do this, it is crucial to retain leaders within the business acumen and expertise to plan and maintain operations and projects between now and the vaccine roll-out, as well as for the rest of 2021.
At G&E Partners, we work exclusively with c-suite candidates who possess years of experience in organising and managing plans to ensure the smooth operation of large scale infrastructure projects, across the US and worldwide. To find out how we can help you, please contact us today.