by steve | May 10, 2020 | 04-TECHNOLOGY, MATERIALS & TOOLS, 09-INDUSTRY COLLABORATION, Adoption (of new technology, materials, tools), Blog Posts, Building Collaboration, Building Performance & Quality, Challenges Confronting the Building Industry, Change Coming to the Industry, Digital technology and big data, Industry Fragmentation, Insufficient Cross-Discipline Collaboration, Insufficient Knowledge Transfer, Knowledge transfer, Modularity, Quality and Value, Replace Pictures for old content, Standardization, Standardization, modularization, prefabrication, STW standards across the industry, Technology & Digitization, Transparency vs Obfuscation
This blog post explores how the building industry can learn from music’s effective use of standardized modules, collaborative tools, and workflows, applying similar principles through cloud-based platforms and Construction Assembly Modules to streamline...
by steve | May 10, 2020 | 13-INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Adoption (of new technology, materials, tools), Blog Posts, Building, Construction & Architecture, Challenges Confronting the Building Industry, Change Coming to the Industry, Digital technology and big data, Digitial Platforms & Transactions, Knowledge transfer, Legal Relationships & Contracts, Mobility, New business models, Productivity, Project Leadership & Management, Quality and Value, Replace Pictures for old content, Society & Culture, Standardization, Support Services ( Financing, Insurance, legal), Technology & Digitization, The Economy, Value, & Globalized Markets
This post explores: How at any given time, a community’s balance of Knowledge, Resources, Skill-Sets, and Customs (KRSC) defines its optimal potential, and as Building undergoes a transformative shift driven by technology, collaboration, and new standards, it...
by steve | May 10, 2020 | 03_GLOBAL TRENDS SHAPING THE INDUSTRIES FUTURE, 13-INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Blog Posts, Challenges Confronting the Building Industry, Change Coming to the Industry
This post explores: The nature of change and that the building industry faces an imminent tectonic shift driven by mounting pressures, new technologies, and unsustainable practices, necessitating proactive leadership to embrace collaborative solutions and redefine...
by steve | May 10, 2020 | Did You Know? (DYK), Energy, Sustainability, & Global Health, Environment, Land and Climate, Land and Water Use, Resource Scarcity, Society & Culture
Did you know the construction industry has an average unlevered beta of about 1.33? This means that if the market itself is neutral (at a beta of 1.00) than the construction/engineering industry has a much stronger correlation or deviation with the market! If an...
by steve | Apr 12, 2020 | Did You Know? (DYK), Economy, Energy, Sustainability, & Global Health, Society & Culture
Did you know that the U.S. spends 3.5 trillion on healthcare per year? This is more than every other country and about 18% of our countries’ gross domestic output (GDP). Of that $3.5 trillion, $1.5 trillion, is financed by the federal government....
