by steve | May 10, 2020 | #Global Trends Impacting Building, #Land & water Use, #Resource Scarcity, Did You Know? (DYK), Environment, Land and Climate, 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 | #Economy, value & globalized markets, #Global Trends Impacting Building, Did You Know? (DYK), 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....
by steve | Dec 15, 2019 | #Economy, value & globalized markets, #Economy, value, & globalized markets, #Resource utilization & management, Blog Posts, Building_Business, Politics and Society (BBPS), Building's History_Current Challenges & Resistance to Change (BHCCRC), Challenges Confronting the Building Industry, Change Coming to the Building Industry, Replace Pictures for old content, Society & Culture
This post explores: How historical buildings often inspire admiration for their grandeur and craftsmanship, modern construction surpasses them in safety, efficiency, sustainability, and affordability, balancing aspirations with contemporary political, socioeconomic,...
by steve | Dec 15, 2019 | #Building collaboration, #Digital platforms & transactions, #Digitization, #Innovation, #Insufficient cross-discipline collaboration, #Insufficient knowledge transfer, #Knowledge transfer, #Lack of standardization, #Lean management & operations, #Multiple stakeholders with diverse interests, #Productivity, #Standardization, #Standardization, modularization, prefabrication, #Technology & digitization, #Transparency vs obfuscation, Blog Posts, Building_Business, Politics and Society (BBPS), Building's History_Current Challenges & Resistance to Change (BHCCRC), Challenges Confronting the Building Industry, Change Coming to the Building Industry, Other Related Concepts & Strategies, Replace Pictures for old content
This post explore:s How the building industry, facing imminent disruption, can learn from transformative examples in technology, aviation, and manufacturing, as seen with Apple’s innovation-driven market creation, Boeing’s modular manufacturing and workflow processes,...
by steve | Dec 8, 2019 | #Adoption (of new technology, materials, tools), #Attractive organizational culture, #Continuing education, #Digital platforms & transactions, #Digitization, #Insufficient cross-discipline collaboration, #Lack of standardization, #Standardization, #Technology & digitization, Blog Posts, Building_Business, Politics and Society (BBPS), Building's History_Current Challenges & Resistance to Change (BHCCRC), Challenges Confronting the Building Industry, Change Coming to the Building Industry, Replace Pictures for old content
This post explores: How technological innovation offers immense potential to improve lives and enhance collaboration, its success in the building industry depends on thoughtful, inclusive implementation that balances progress with the needs and capabilities of teams...
by steve | Sep 3, 2019 | #Global Trends Impacting Building, #New building processes & operations, #Trust & good faith, Blog Posts, Building_Business, Politics and Society (BBPS), Building's History_Current Challenges & Resistance to Change (BHCCRC), Challenges Confronting the Building Industry, Change Coming to the Building Industry, Other Related Concepts & Strategies, Replace Pictures for old content
This post explores: The foundation of successful building industry change lies in trust and good faith, which must be prioritized alongside technological advancements to ensure collaboration, confidence, and integrity in every aspect of the process. A Young...