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Economic Slowdown / Slow RecoveryDespite a fast economic rebound from the initial depths of the pandemic, uncertainty, fueled by inflation, rising interest rates and bank closures, still reigns.
Industry Overview
Construction and Real Estate
A Sector Being Transformed by Digital and Green Commitments
Demand for construction and real estate has rebounded — even accelerated — in the years following the pandemic. But against this backdrop, the industry faces ongoing challenges, including supply chain disruption and scarcity of materials, a lack of available talent and the uncertainty of operating in a volatile economic landscape. Plus, perennial risks like cashflow management have not gone away.
Of course, new challenges are always emerging. Cyber and intellectual property-related threats are rising, and climate considerations are rapidly growing in importance. This is not a moment where leaders can afford to stand still.
To address these challenges, Aon has vast experience in providing risk capital and human capital capabilities to contractors, developers, investors, and the full range of organizations that support the construction and real estate industry. We continue to innovate on behalf of clients, developing solutions such as environmental, social and governance benchmarking to help leaders reduce their overall cost of risk and manage their people and risks optimally.
Top 5 Future Risks
Looking ahead to 2024, predicted risks for the construction and real estate industry include:
Report
Participate in Aon’s 2023 Global Risk Management Survey
Our next Global Risk Management Survey is here. Join in and share your perspective on the most important risks impacting your business, industry, and region. Click the link below to take part and receive a benchmarking report if you complete the survey.
Cyber Labs
Stay in the loop on today's most pressing cyber security matters.
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Top 5 Cyber Threats To Mergers and Acquisitions -
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Resisting Cyber Attacks Through Layered Security Systems
Environmental, Social and Governance Insights
Explore Aon's latest environmental social and governance (ESG) insights.
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ESG Data: How Businesses Can Use Data to Gain an Edge -
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Why ESG Is Even More Important In A Crisis Like COVID-19
Insights for HR
Explore our hand-picked insights for human resources professionals.
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Building a Resilient Workforce That Steers Organizational Success | An Outlook Across Industries
Navigating Volatility
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
Industry Insights
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5 Tips to Evaluate Future Skills Using Talent Assessments
In a constantly evolving business landscape, talent assessments can help organizations understand current and future skills gaps in their workforces.
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Remote work, the need for new skills and the rise of AI are pushing employers to rethink workforce resilience.
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Making Wellbeing Part of a Company’s DNA
Wellbeing strategy, once seen as a luxury, is now a vital part of a company’s overall strategy. Integrating wellbeing into other areas of company is the next step forward.
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Buyer-Friendly Cyber and E&O Market: How to Take Advantage
A buyer-friendly Cyber and E&O market is quickly emerging. Learn more about the changing global market and how to capitalize on it.
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Managing Cyber Risk through Return on Security Investment
A ROSI framework allows businesses to link risk, security and insurance to help manage cyber exposure and increase cyber resilience.
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How Data and Analytics Can Optimize HR Programs
Pressure to reduce costs in response to a challenging economic environment highlights the pivotal role data and analytics can play in optimizing business investment in talent and future growth.
