Is the construction industry built to succeed -or designed to struggle? Is Constructions Business Model Broken?

In this episode of The Hard Hat Talks, Kenneth Martin is joined by Paul McDevitt of McDevitt & Co to explore the structural challenges shaping construction today.

From low margins and fragmented supply chains to planning delays, skills shortages and a lack of trust across the industry, this conversation looks beyond surface-level issues to examine what’s really holding the sector back.

Drawing on over 30 years of experience across contractors, consultancy and industry advisory, Paul shares a practical perspective on why many businesses feel under pressure—despite strong demand—and what can be done differently.

The discussion covers:

• Why construction remains vital to the economy - but undervalued
• How fragmentation weakens the industry’s voice
• Why margins and risk allocation are unsustainable
• The role of trust in collaboration and delivery
• Why strategy is missing in many businesses
• The impact of planning, policy and confidence
• The challenge of attracting and retaining talent
• How client selection shapes long-term success

A grounded, honest look at the business of construction—and what needs to change.

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