Speaking about what initially drew him to Bryden Wood, Charlie enthuses about both the practical advantages (the company is close to his home) and the career development opportunities provided by this unique practice whose core principles and activities so captured his interest.
None of the challenges present in getting the industry to adopt a construction Platforms approach are technical.The majority of objections are linked to cultural mindset factors.
These include issues like insurance warranties, intellectual property, and risk allocation in construction.We’re not suggesting traditional construction isn’t risky.We know from government data that almost 10% of their spending on construction is allocated to risk.
This hasn’t changed despite many years of operating in this way.However, it’s a risk that is, to some extent, understood.
That said, construction Platform design does help to change that risk profile dramatically and to reduce the amount of risk on a construction project..
If we take another look at what the UK government is doing through the Construction Innovation Hub, we can see that they are looking to aggregate construction demand across different departments.However, these days, the data is starting to allow us to do these things, making this particular moment in industry history different from the ones that have come before.. “I think that's why it might stick this time,” he says.
“But if it doesn't stick this time, we've got enormous problems.”.Marks seems confident about the direction things are headed.. “Three-quarters of all specialty subcontractors have experience with multi-trade and two-thirds of general contractors have experience with multi-trade assemblies and prefabrication,” she says, referencing.
McKinsey’s report.about the state of U.S. construction over the past three years..