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Excited to share some insights from the construction tech panel that Phoebe Zhang moderated at RETCON in NYC last month. 🔎 Openness to Innovation: The construction industry is receptive to testing and trying new technology solutions, a promising sign for the advancement of construction tech. 👥 Stakeholder Buy-in: Technology adoption in the industry often requires multiple stakeholders. Hence, stakeholder buy-in remains a key to success. Focus on removing friction through quick demos, trials, and/or pilots, allowing stakeholders to see and understand the product and value proposition firsthand. 🙋♂️ Identify Innovation Champions: Identifying and empowering innovation champions within the potential customer organization is crucial for both initial adoption and successful implementation. 💵 Articulating Value Proposition: Customers care about concrete benefits (no pun intended). Highlighting benefits such as faster decision-making, ROI, reduced cost, increased productivity, and enhanced transparency is essential for conveying the value proposition effectively. Let's continue to drive progress in construction tech together! #ConstructionTech #RETCON

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Scott Nowak

Senior Construction Manager at Continuing Life - The Glen at Heather Farm CCRC LLC

5mo

Great work, Phoebe Zhang!

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