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Survey: 42% Organizations Lack in Leadership Capability Framework

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The global talent assessment company, Mercer Mettl, surveyed current leadership competency framework in various organizations. Mettl has come out with a report which says that 34% of organizations agreed to have lacked due to the absence of internal succession pipeline.

The survey was conducted over more than 500 small and big organizations which belong to different industries. And a report was made, according to which, almost 42% of the surveyed organizations admitted to not have adequate leadership capability framework which is an obstacle in their success. The report also says that leadership capability framework is responsible for increasing the chance of success by 25%.

But BFSI (Banking, Financial Service and Insurance) sector is more aware of leadership capability framework. There are 78% of organizations in BFSI which possess leadership competency framework. On the contrary, in telecom and media industries, only 10% of organizations are using this framework. The report has also shown some new trends in 2019 leadership hiring structure. The companies have assessed personality skills in 38% potential leaders, domain skills in 33% and cognitive skills in 29% potential leaders.

There is a positive approach seen in acquiring talent assessment tools such as online recruitment management software. Almost 77% of organizations are using technical talent assessment tools. Larger organizations have a higher adoption rate of technical assessment tool as compared to small organizations.

CEO of Mercer, Siddhartha Gupta said, “There is no denying the gravity of an effective leader in the success of an organization. By studying what the rest of the world is doing to raise future-ready and transformational leaders for digitally- transformed workspaces, an organization can assimilate and accelerate their leadership hiring paradigm.”

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Mega Construction Projects That Relied on Advanced Crane Technology

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When it comes to large-scale construction projects, the right equipment can make all the difference. From towering skyscrapers to massive bridges and complex infrastructure developments, cranes play a crucial role in lifting, transporting, and positioning heavy materials with precision and efficiency. As technology has advanced, so too has crane engineering, allowing for safer and more ambitious builds. In the points below, we take a closer look at some of the world’s most impressive mega construction projects that relied on cutting-edge crane technology to bring them to life.

Burj Khalifa – Dubai, UAE

Standing at a staggering 828 metres, the Burj Khalifa remains the tallest building in the world. Constructing such a colossal structure required cranes that could operate at extreme heights. Specialised luffing-jib tower cranes were employed to lift materials hundreds of metres into the air, battling high winds and desert heat. These cranes were anchored to the structure itself as it rose, ensuring stability and precision throughout the build.

Sydney Metro – Australia

As Australia’s largest public transport infrastructure project, the Sydney Metro has transformed the way people move around the city. The project required massive tunnel boring machines (TBMs) to carve underground routes, but just as critical were the cranes used to transport and position enormous precast concrete segments. Mobile and crawler cranes with advanced hydraulic systems played a key role in assembling stations and track infrastructure with minimal disruption to existing road networks.

Hong Kong-Zhuhai-Macau Bridge – China

This engineering marvel, stretching 55 kilometres across the Pearl River Delta, is one of the longest sea crossings ever built. Given its scale, floating cranes with immense lifting capacity were used to position pre-fabricated bridge sections. Some of these cranes had lifting capabilities exceeding 3000 tonnes, demonstrating the sheer power and precision required for such a complex marine project.

The Panama Canal Expansion – Panama

The expansion of the Panama Canal was one of the most ambitious infrastructure projects in recent history, involving the construction of massive new lock chambers. Gigantic gantry cranes were used to install the enormous steel lock gates, some weighing over 3000 tonnes. These cranes had to operate with pinpoint accuracy to ensure the seamless functioning of the canal’s new locks, allowing for the passage of larger vessels.

Hinkley Point C Nuclear Power Station – UK

The construction of this next-generation nuclear power plant has required some of the world’s most advanced heavy-lift cranes. The site features one of the largest land-based cranes in the world, capable of lifting reactor components that weigh hundreds of tonnes. These high-tech cranes have been crucial in ensuring the safe and efficient assembly of the plant’s intricate infrastructure.

The Role of Advanced Crane Technology in Modern Construction

Each of these projects would have been impossible without the evolution of crane technology. Innovations such as digital load monitoring, autonomous operation, and enhanced safety systems have allowed cranes to handle heavier loads with greater precision than ever before. For companies tackling complex construction projects, working with an experienced crane hire provider is essential. Businesses like Sventek Cranes offer cutting-edge crane solutions, ensuring that even the most ambitious projects can be completed safely and efficiently.

Mega construction projects continue to push the limits of engineering and design, and advanced crane technology remains at the heart of these achievements

Whether it’s lifting components for a record-breaking skyscraper or positioning bridge segments over open water, cranes will always be an integral part of building the world’s most remarkable structures. By leveraging state-of-the-art crane systems, today’s construction industry is making the impossible possible – one lift at a time.

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