Founder of ADL Ventures and Fraunhofer at MIT | Creating HardTech Ventures at the Corporate Start-up Interface | Expert in Industrialized Construction & ClimateTech | Senior R&D Leader, Board Member & Serial Entrepreneur
The global construction industry grapples with challenges, from skilled labor shortages to climate goals. For traditional construction firms to thrive, the shift toward industrialized construction is imperative. 🚧 Here are three pragmatic strategies for a successful transition: 1️⃣ 𝐃𝐞𝐯𝐞𝐥𝐨𝐩 𝐚 𝐔𝐧𝐢𝐪𝐮𝐞 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 → Embrace industrialization as an avenue for efficiency, sustainability, and innovation. → Craft a distinctive narrative that showcases your commitment to cutting-edge construction practices. 2️⃣ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐨𝐧𝐬𝐢𝐬𝐭𝐞𝐧𝐜𝐲 → Understand that industrialization is an ongoing transformation. → Establish a comprehensive, consistent strategy for your entire organization, embracing persistence and adaptability. 3️⃣ 𝐕𝐚𝐥𝐮𝐞 𝐂𝐚𝐩𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧 → Leverage the promises of industrial construction—predictability, innovative materials, and cost control. → Streamline internal processes and deliver tangible benefits to clients, demonstrating the advantages of industrialized construction. The undeniable wave of industrialization is reshaping construction. To stay competitive, traditional firms must evolve, embracing innovation in residential and high-rise markets. What's your vision for the future of industrialized construction, and how are you positioning your company for success in this transformative landscape? 🤔 #industrializedconstruction Ken Semler Gary Fleisher Ben Hershey Brian Gaudio Jordie Puchinger Bob Bender Troy Thiel Pete Majewski Peter DeMaria Robert Johnson Luciano Simões Lopes Bo Birkeland Gary Fisher Jason Lipa VIVIANA HERRERA FLÓREZ Gilbert Meier Yudhisthir Gauli Håkon Kalbakk Audree Grubesic Jennifer Castenson Matt Vetter Doug Tollin, Daniel Small, Steve Burrows Ben Nichols Steve Dubin Kevin Lockhart Paul Richards Adam Richards Kevin Lockert Gon Zifroni Tim Nobles
The answer is simple, but it’s not usually attached to your current business model, and unfortunately that’s where the difficulty lies. Today’s construction industry isn’t yesterday’s, it’s in transition period, and at this particular stage it’s not making sense to many in the industry, how come so many struggle when the need is so great? That’s the real question, unfortunately for some the future isn’t going to be plain sailing, why? That’s a question you should be investigating, is your model fit for tomorrow’s world? If not do you know what it will take or is it time you asked for help? As an industry we don’t talk, why? Someone might be able to help you or together you could help each other.
#truth...The undeniable wave of industrialization is reshaping construction. To stay competitive, traditional firms must evolve, embracing innovation in residential and high-rise markets.
We have implemented industrialized construction in new highrises, floor additions, and face retrofits with Upbrella Sheltered Construction solutions. And yes: 1 - It helps with labour shortages 2 - It reduces construction waste 3 - It significantly lowers site nuisances 4 - and perhaps more importantly, it provides for safe and productive work sites. Contact us to learn more.
Very well written, thank you. Your emphasis on developing a unique perspective, maintaining strategic consistency, and focusing on value creation resonates strongly. I'm particularly intrigued by the potential for innovative materials and data-driven decision making to drive this transformation - do you see any specific sectors leading the way in adopting these approaches?
Around 20 years uk government was advised that MMC wouldn't work within a traditional construction company. That is still the case. Traditional construction companies should be excluded from industrial construction.
Very informative
Consultant
2moThere's no doubt that limited skilled labor and poor productivity favor industrialization. However the counterweight is that construction has been a cyclical boom-bust industry over the last 150 years and so investment in capital expenditure is difficult when that becomes a crushing overhead in a downturn. Construction needs a reliable baseline revenue stream into which the supply is assured and that has not been the case to this point. Furthermore, US construction projects are cost led with procurement on a just in time basis and bonding common in public and private sector projects. Industrialization requires early selection and single source in many cases with a consequent impact on project cashflow which increases bonding demand or disadvantages the customer. These are real barriers to growth. All can be addressed but require process changes that the industry and government are prepared to adopt. Much like the Egan report reshaped UK construction, the US needs a Federal review of the industry to reshape it for the future.