Let’s Build the Future Together: Risus Knows Modular
Written by:
Keith Jeremiah
Founder of Risus Talent Partners
What is Modular Construction?
Modular construction, commonly referred to as prefabrication, is a construction technique that involves building structures off-site in a controlled environment, using the same materials and standards as traditional buildings. These modules or sections are then transported to the construction site for assembly. This method saves time, as buildings can be constructed in almost half the time it would take to build them using traditional construction methods.
Market research paints a promising picture for the global modular construction market. In 2020, it was valued at a substantial $90 to $100 billion. Projections indicate an expected expansion at a compound annual growth rate (CAGR) of approximately 6% to 7% from 2021-2026. This growth is fueled by a variety of factors, including the rising demand for affordable housing, rapid urbanization, infrastructure development initiatives, and the necessity for sustainable construction practices. These factors make modular construction an attractive investment opportunity.
It Takes Top Talent!
To capitalize on these tremendous market opportunities, modular companies require talent that exhibits the following key qualities:
Adaptability: The modular construction industry is dynamic and rapidly evolving, with new technologies and methodologies constantly emerging. Employees must be adaptable and able to transition seamlessly between different tasks and work settings.
Problem-solving abilities: Construction projects can encounter unexpected challenges, and modular construction is no exception. Employees should possess strong problem-solving skills to address issues promptly, implement solutions, and keep projects on track.
Collaboration: Modular construction projects typically require collaboration among various stakeholders, including architects, engineers, manufacturers, and on-site construction teams. Effective communication and teamwork are vital for coordinating efforts and ensuring project success.
Imperativeness: The most significant selling point for modular construction is speed versus standard construction. To succeed, employees must possess a strong sense of urgency.
Customer Focus: Ultimately, the goal of modular construction is to meet clients’ needs and expectations. Employees should prioritize customer satisfaction, actively listen to client feedback, and strive to deliver solutions that exceed expectations.
Why Risus?
Finding the right talent in the niche modular industry requires relevant experience. For 6 years, Risus Talent Partners’ three Founders led the HR & Talent Acquisition function at WillScot (then a $1.5B modular buildings and storage leasing company). During their tenure, they gained intimate knowledge of the requirements for successful hiring in the modular industry, building an extensive talent network by placing hundreds of modular sales and operations professionals across WillScot’s North American-wide branch network. Simply put — they know Modular Talent!
Risus continues to leverage their industry experience to deliver direct placement recruiting services for multiple modular clients. Further solidifying their industry ties, they recently joined Modular Buildings Institute (MBI) and are active participants in MBI’s Professional and Workforce Development Committee to ensure the modular industry is enabled with the best talent for continued growth.
Contact us today to learn more!