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Hope is like a path in the countryside. [At first], there is nothing — but as people walk this way again and again, a path appears. — Lu Xum My thoughts for January are on the future and how our industry is changing. However, as I write this in early December 2021, the future still…
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Global supply chain slowdowns provide uncertainty in delivery dates and pricing for any number of products and materials essential to our industry.
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I read recently that more high-rise buildings have been built in the past 20 years than existed before. That’s following 9/11, when everyone was afraid no one would want to work in a high-rise again! The tallest building in the world, the Burj Khalifa, was built just three years after 9/11. In the past 20…
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“What we’ve got here is failure to communicate” — Cool Hand Luke (1967) Communication can be tricky when you are conversing with a whole industry: you mustn’t be too liberal or too conservative; too independent or union-minded; and, certainly, you should balance heavy technical material with down-to-earth practicality. Recently, we had a short survey go…
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We recently conducted a survey of the industry, mainly in the U.S. (see Taking the Pulse by Lindsay Fletcher). Nothing in it surprised me very much. We all had a similar year in 2020, and we’re all experiencing spotty recovery in 2021. The future of the industry is very bright, but right now everyone is…
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There were 9.3 million job openings in the U.S. at the end of April, a record high. And if finding workers wasn’t painful enough, retaining them was even harder. More Americans quit their jobs in April than in any month on record (2.7%). Workers are demanding flexible work schedules and higher pay — and they…
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On average, just a quarter of workers in the 10 biggest urban areas in North America have returned to offices, according to The Week. Paul Leonard, a management consultant at CoStar, a real estate research firm, believes office visits may reach 50% by Labor Day and 80% at year’s end. He computes that 10% of…
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Things are stirring out there in the VT-verse. Fresh off the virus lockdowns, a new world awaits. It is a long, slow opening, like a flower bud, but no one is quite sure what it will look like.
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Just prior to writing this, I sat in on a meeting of U.S and Canada industry leaders. Organized by Elevator U and led by Eddie Morris (University of Virginia), the meeting included the executive directors of all the major associations, three of whom were new in 2020: The National Association of Elevator Contractors’ Rena Cozart…
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I’ve read several editorials recently that predict the U.S. economy is heading toward a boom later in 2021 due to fast rollout of vaccines and infusions of cash from the federal government. That certainly sounds promising, but the small print reveals a downside: some jobs lost in the pandemic are never coming back. Why? Part…
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