The building industry has resisted this type of innovation, even though it has been successfully embraced by multiple industries for decades. In the next decade two collaborative business models will successfully differentiate themselves:
- Internally Integrated Business Conglomerate(IIBC)
These organizations represented today by companies such as Bechtel, AECOM……etc., have complete verticals in almost all market sectors and services, and currently dominate the large scale market.
2. Collaboratively Integrated Partner Organization(CIPO):
Small to mid-size firms who have developed strong brands will increasingly develop collaborative business organizations that can pool the required skills, processes and resources to compete in any market and at any scale. Maintaining their unique identity/culture while remaining nimble enough to quickly accommodate market shift.