SmartWerke - AEC  industry - disrupt or be disrupted!
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SmartWerke - AEC industry - disrupt or be disrupted!

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The world economy has changed from a capital based economy to a globalized knowledge-based economy. ...

The world economy has changed from a capital based economy to a globalized knowledge-based economy.

This has placed a higher premium on: Creativity & Innovation, requiring a transformational change in every industry.

In this globalized knowledge economy business disruption - it’s the new normal which was rare a decade ago – an exception. It is now a reality – faced on a regular basis

Major cause of disruption is rapid advancement of technology & globalization allowing new business models to be introduced at an ever-increasing rate & with rapidly declining costs.

The AEC is ripe for disruption as four decades of international Architectural, Engineering, and Contractor (AEC) industry publications reinforce poor communication and information transmission; coordination; and teamwork issues, are the cause of countless performance problems on numerous AEC project.

The AEC will disrupt by creating value proposition by connecting the criteria of the Business of the Knowledge Economy with the Business of the AEC Industry bringing it in line with their client’s ability to: disrupt and re-invent themselves; Implement rapid advancement of technology & globalization and allow new business models to be introduced at an ever-increasing rate & with rapidly declining costs, thus, increasing their ability to: Out-Execute & Out-Innovate.
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SmartWerke - AEC  industry - disrupt or be disrupted! SmartWerke - AEC industry - disrupt or be disrupted! Presentation Transcript

  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change Creating Value through Optimized Project Delivery “We construct buildings, erect institutions, and develop organizations to yield linear responses and predictable behavior and ultimately to achieve the social goal of control.” Dr. Alan Beyerchen -Ohio State University ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project SMARTWERKE
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change THE CHANGED ECONOMY The world economy has changed: To a knowledge-based economy To a globalized economy Placing a higher premium on: Creativity & Innovation Requiring a transformational change in every industry Photo from iStock Photos Your company’s survival may depend on the way you answer one question: “How will your company adapt” - Fast Company ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project From a capital based economy
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change DISRUPT OR BE DISRUPTED Transformational change: Business disruption - it’s the new normal Rare a decade ago – an exception, It is now a reality – faced on a regular basis Major cause of disruption: Rapid advancement of technology & globalization Allows new business models to be introduced At an ever-increasing rate & with rapidly declining costs Photo from iStock Photos "The truth is, at this very moment your company is most likely either disrupting other companies or being disrupted." John Kotter, Forbes - Contributor - Kotter International ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Disrupt or Be Disrupted
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change SURVIVING TO THRIVING To survive is: To change the game internally. To thrive is: Accelerating speed-of-execution Agility to seize new opportunities. Disrupt to gain critical competitive advantage: Infographic - Brian Solis, Altimeter Group Out-Execute Out-Innovate "Great leaders maintain the balance between achieving results today and innovating to seize new opportunities in the future. So if you want to avoid disruption – or even lead disruption — then you need to greatly accelerate the way you operate internally to keep pace with a rapidly changing world. Randy Ottinger – Forbes Contributor, Kotter International ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project World of disruption, Environment is changing at lightning speed,
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change DISRUPTING CONTINUALLY A recent article in Fortune magazine points to: as five great disrupted turnarounds. Need to disrupt and re-invent themselves again, including Apple Some companies constantly disrupt themselves: Infographic - Brian Solis, Altimeter Group Amazon Starbucks Google "Truly great companies like Apple, Google, Amazon, and Starbucks constantly find new ways to become relevant to us and remain an essential part of our lives. When analyzed closely, you can see that they are simultaneously executing and innovating. Randy Ottinger – Forbes Contributor, Kotter International ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Apple ; IBM; HP; Priceline, EBay
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change INDUSTRIES DISRUPTED Rent a car – Uber; Zip; Car2Go Uber: connecting riders to drivers - 55 countries Corporate workplaces – Regus; Liquid Space To eliminate underutilized spaces & replace long-term leases Other Examples: On-line banking does not profit from fees – Simple World of manufacturing - 3-D printing UK online grocer with an industrial scale pick and delivery model - Ocado UK The nearly 80 million Millennials who are about to enter, or who are already in the workforce, will fundamentally change how business is conducted in the future” —Maximizing Millennials in the Workplace, UNC Kenan-Flagler Business School ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Some examples Traditional industries disrupted or being disrupted:
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change AEC INDUSTRY The AEC industry consists of: Separate players working in a project to fruition Separate entities integrating into a single industry Issues: Implementation of standards - particularly problematic Each building process individually covers an extensive area Difficult to streamline the standards between components Each of these industries also uses different terminology Photo from iStock Photos "Four decades of international Architectural, Engineering, and Contractor (AEC) industry publications reinforce poor communication and information transmission; coordination; and teamwork issues, are the cause of countless performance problems on numerous AEC projects.” AEC INDUSTRY CULTURE: A NEED FOR CHANGE A Weippert & S. L. Kajewski Queensland University of Technology, Brisbane, Australia ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Architecture - A Engineering - E Construction - C
  • Read more: http://www.ehow.com/info_8477602_aec-industry.html#ixzz2l3VgSx1U RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change ADVANCES IN THE INDUSTRY Initiation of Smart Building Technology Technological advanced Equip. / Building materials Low-tech modularization of construction: An Atlantic Yards Skyscraper In A Brooklyn Warehouse Inner city residential & Man camps Electric & Mech Equipment Enclosures Construction oriented manufacturing "Frank Lloyd Wright, Buckminster Fuller—all of these people for years have been kind of thinking and dreaming and playing around with modular. It has captured the imagination of a lot of different types of people.“ Melissa Burch, Forest City's Director of Commercial & Residential Development, NY in Fast Company ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Building information modeling (BIM): Create four-dimensional models Increase productivity Specialized training due to the complexity of the process
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change INDUSTRY NOT IN STEP Industry players now almost similar – Shades of Grey NOT IN STEP with their client’s ability to: disrupt and re-invent themselves Implement Rapid advancement of technology & globalization Allow new business models to be introduced At an ever-increasing rate & with rapidly declining costs Thus, increasing their financial cost and time to market Photo from Microsoft Ad "The culture in the A/E/C industry has for a long time been fragmented and inefficient. This industry has lacked trust and has been short on strategic collaborative thinking. We believe that this culture must become a remnant of the past. We see smart firms creating new value propositions that connect together and make sense of the pieces of the puzzle.” Design Intelligence- and Greenway Consulting “The Scientific Revolution Has Just Begun: What’s next in Architecture? ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Professional Engineering & Good Design Long drawn Project Delivery & Methodology Highly skill intensive & Customized Approach to build
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change BRINGING THE INDUSTRY IN STEP By creating a value proposition by connecting the criteria of BRINGING IT IN STEP with their client’s ability to: disrupt and re-invent themselves Implement Rapid advancement of technology & globalization Allow new business models to be introduced At an ever-increasing rate & with rapidly declining costs Thus, increasing their ability to: Out-Execute & Out-Innovate Photo from iStock Photos ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project The Business of the Knowledge Economy with The Business of the AEC Industry
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change 7 WAYS TO DISRUPT YOUR INDUSTRY Fast Company Article: 7 Ways to Disrupt Totally eliminate your industry’s persistent customer pain points Dramatically reduce complexity Cut prices 90 percent (or more) Make stupid objects smart Teach your company to talk Be utterly transparent Make loyalty dramatically easier than disloyalty Book cover of Smart Companies / Stupid Companies Massive disruption is coming, and the only question is whether your firm is going to cause it or fall victim to it. Disruption is not easy--either to create or to confront. We have no illusions about that”. Bruce Kasanoff & Michael Hinshaw – Fast Company Article: 7 Ways to Disrupt ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project By Bruce Kasanoff & Michael Hinshaw:
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change OUT EXECUTE & OUT INNOVATE Transform the Industry Infrastructure & its Ecosystem Photo from iStock Photos Disruptive innovation is not just about following a process. It represents a mindset—a rebellious instinct to discard old business clichés and remake the market landscape. An eagerness to deliberately target situations where the competition is complacent and the customer has been consistently overlooked or under-served.. Disrupt By Luke Williams- Think the Unthinkable to Spark Transformation in Your Business. ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Design Thinking > Human centred Environments Incorporate Business needs > Evolving Facilities Ensure Constructability > Product Mindset Design for Assembly > Manufacturing Sustainability > Cradle to Cradle Hyper cycle Scheduling > Modularization Leverage Big Data > Smart Buildings
  • RETOOLING THE AEC INDUSTRY Disrupt or be disrupted –Transformational change Consulting: www.optumplus.com Web: www.smartwerke.com Email: philip@philipthomas.name SMARTWERKE Creating Value by Optimizing Project Delivery Photo from iStock Photos ASMARTWERKECONVERSADelivery TION Creating Value by Optimizing Project Profile http://ca.linkedin.com/in/philthom77/