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46. Successful Innovation Is Always a Zero-Sum Game

by steve | Nov 9, 2020 | Blog Posts, Innovation, Replace Pictures for old content

When I was a kid, bringing home a new toy, piece of sports equipment, or gadget always gave me a special feeling of excitement. I have vivid memories of a few toys in particular: a rocket ship that was...

41. Ignorance is Not Bliss

by steve | May 10, 2020 | 01_CHALLENGES CONFRONTING THE INDUSTRY, 03_GLOBAL TRENDS SHAPING THE INDUSTRIES FUTURE, 13-INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Blog Posts, Replace Pictures for old content

At any given point in time there is a ratio of Knowledge, Resources, Skill-Sets and Customs (KRSC) that combine to provide a potential optimum for life.    For example, go back 10,000 years. Despite lacking written...

40. Change is Tectonic

by steve | May 10, 2020 | 01_CHALLENGES CONFRONTING THE INDUSTRY, 03_GLOBAL TRENDS SHAPING THE INDUSTRIES FUTURE, 13-INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Blog Posts

CHANGE IS TECTONIC The current group of blog posts are being written in a very uncertain environment. Testing has just begun to accelerate and the COVID-19 numbers continue to grow around the country and the world.  We all...

DYK: Construction Industry’s Place in the Market

by steve | May 10, 2020 | Did You Know? (DYK), Energy, Sustainability, & Global Health, Environment, Land and Climate, Land and Water Use, Resource Scarcity, Society

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...

36. What Can We Learn From Other Industries?

by steve | Dec 15, 2019 | 03_GLOBAL TRENDS SHAPING THE INDUSTRIES FUTURE, Blog Posts, Replace Pictures for old content

One of the (few) benefits of Building’s late arrival to the innovation/disruption(I/D) party is the fact that we have the opportunity to watch countless other industries go through wholesale changes—and to learn from their experience. Industries such as Technology,...

33. Money, Money, Money!!

by steve | Sep 3, 2019 | 03_GLOBAL TRENDS SHAPING THE INDUSTRIES FUTURE, 06-BUILDING PROCESSES & OPERATIONS, Blog Posts, Replace Pictures for old content

One evening in 1983, I was drinking beers with a friend and discussing how I was going to turn my current carpentry work into a robust building and design business. As we were talking, I jotted down a few notes on a napkin to sketch out the principles of a successful...
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