The first place to start innovation is around the definition of customer value and the range of options that might exist to help a client achieve that value.. 3.
The journey will be important and it must be handled properly.Industry must have the capability and capacity to deliver new solutions.
We need everyone to contribute and collaborate:clients, policymakers, the market.Of course, this process will be disruptive because industry transformation always is.However, the shift will take time and there will be plenty of signals along the way.
Companies will be able to adjust accordingly.It’s likely that many of the current Tier 1 players will remain very powerful in the new market, but we’re also likely to see big disruptors coming in.
Not only that, I suspect some of the current players will disrupt their own business models to broaden the range of services and income streams they're able to generate.. We’re also likely to see some contractors start to diversify the services they offer, or broaden their range of products.
They’ll need to be able to respond to what happens in the future, as we change our focus to the provision of whole-life solutions, rather than just capital assets.https://bit.ly/BrydenWoodPodcast.
If you'd also like to continue to learn about our Design to Value approach, DfMA and Modern Methods of Construction, sign up for our monthly newsletter here:.http://bit.ly/BWNewsUpdatesNecessity is the mother of invention.
It’s also the mother of get on with it.Over the last few months, we’ve seen changes to the fabric of our daily lives that would have taken years to bring about under normal circumstances.. We can learn from this.
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