Five Things on a Friday – 9/15/23

Shaping the future of construction with a collaborative, P-DfMA approach.

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.Pure contracting, as we currently know it, is likely to be a smaller part of the market.

Consultancy models are also likely to change, with a shift away from hourly rates for procured design services, towards an outcome and value-based model.This would work more like app development, where a product developer might identify a need in the market and then create a solution to license, achieving monetisation by selling it repeatedly in the UK and overseas.

This is particularly likely if there’s a focus on design for manufacture and assembly (DfMA).. We’ll also see data driving diversification.

People will begin to understand how they can use data to offer different products and services, impacting things like availability and operational performance.If you'd also like to continue to learn about our Design to Value approach and Modern Methods of Construction, sign up for our monthly newsletter here:.

http://bit.ly/BWNewsUpdatesWhat is Design to Value?.In order to maximise success and boost product efficiency, while simultaneously driving benefits like improved quality, sustainability and substantial reductions in cost, the design and construction industry would benefit from understanding and embracing this core principle, which is so well embodied by the manufacturing sector..

The creation of our built environment is.a multi-dimensional and fluid matrix of dependencies and consequences.