We had an early opportunity to prove the value of this, when Circle Health decided to expand vertically and double the size of the hospital during the construction phase.
Jacqui has been involved in construction transformation for over 20 years, particularly focusing on off-site construction.Technologies seen in European countries like Scandinavia and Germany years ago are now being implemented in the UK housing market.. 3.
Transforming Construction Network Plus (TCN+).As the leader of TCN+, Jacqui has worked to align academic voices with the needs of the construction industry, funding numerous projects that cover digital innovations, energy systems, manufacturing, and more, with a focus on creating change in business models and construction methods.. 4.Lessons from Other Sectors.
Jacqui discusses how construction can learn from more integrated sectors like aerospace and automotive, where industry voices are more unified and the government provides more substantial support, allowing for quicker advancements.. 5.Future of Construction.
The industry needs a shift in business models, moving away from return on capital employed to a focus on sustainability and innovation.
Achieving net-zero carbon goals is critical, and future construction must be more digitally integrated and collaborative.When we talk about the sustainable design of buildings, we have two core objectives: reducing environmental impact, and providing a healthy space for occupants.profitability of the client; and, often missed, the parties who will deliver the endeavour with the client.
These different measures of value need to be expressed not so narrowly as purely financial e.g.margin and profit; but expansively including kudos and marketing from the work, with larger social and environmental impacts important to each organisation and the wellbeing, growth and development of the people involved.. Providing such a web of value interconnects and energises the whole project community into the generation of shared value..
In the words of Michael Porter.“Shared value is fundamentally about aligning the success of your company with the success of your community — through the recognition that you have a responsibility — and an economic opportunity — to improve the business environment and the fundamental health of the supporting community structure.”.
(Editor: Advanced Treadmills)