by steve | May 10, 2020 | #Adoption (of new technology, materials, tools), #Building collaboration, #Building performance & quality, #Collaboration, #Digital technology and big data, #Industry fragmentation, #Insufficient cross-discipline collaboration, #Insufficient knowledge transfer, #Knowledge transfer, #Modularity, #Quality & value, #Standardization, #Standardization, modularization, prefabrication, #Standards across the industry (STW), #Technology & digitization, #Transparency vs obfuscation, Blog Posts, Challenges Confronting the Building Industry, Change Coming to the Building Industry, GEN_Building_History, Current Challenges & Resistance to Change (BHCCRC), GEN_Business, Politics, Economy & Society (BBPES), GEN_Other Related Concepts & Strategies, Replace Pictures for old content
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 | #Adoption (of new technology, materials, tools), #Digital platforms & transactions, #Digital technology and big data, #Economy, value, & globalized markets, #Knowledge transfer, #Mobility, #New business models, #Productivity, #Project leadership & management, #Quality & value, #Standardization, #Support services ( financing, insurance, legal), #Technology & digitization, Blog Posts, BUILDING INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Building, Construction & Architecture, Challenges Confronting the Building Industry, Change Coming to the Building Industry, GEN_Building_History, Current Challenges & Resistance to Change (BHCCRC), GEN_Business, Politics, Economy & Society (BBPES), GEN_Other Related Concepts & Strategies, Replace Pictures for old content, Society & Culture
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 | #Global Trends Impacting Building, Blog Posts, BUILDING INDUSTRY INFORMATION, FACTS & KNOWLEDGE, Challenges Confronting the Building Industry, Change Coming to the Building Industry, GEN_Building_History, Current Challenges & Resistance to Change (BHCCRC), GEN_Business, Politics, Economy & Society (BBPES), GEN_Other Related Concepts & Strategies
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 | #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 | Apr 12, 2020 | #Attractive organizational culture, #New building processes & operations, #Poor leadership, #Project leadership & management, #Project owners, #Quality & value, #Staffing & project teams, #Strategic workforce planning, #Trust & good faith, Blog Posts, Challenges Confronting the Building Industry, Change Coming to the Building Industry, GEN_Building_History, Current Challenges & Resistance to Change (BHCCRC), GEN_Business, Politics, Economy & Society (BBPES), GEN_Other Related Concepts & Strategies, Replace Pictures for old content
This post explores: The contrast between vicious cycles, driven by poor leadership and mismanagement, which lead to futility and inefficiency, and virtuous cycles, fostered by effective leadership and preparation, which enable progress, optimism, and success in both...
