Innovation in Construction What do we need…and why?

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Presentation transcript:

Innovation in Construction What do we need…and why? Paul Tollervey Knauf

CE Annual Themes 2015 2014

Constructing Excellence Theme 2016 2014

What is Innovation? Innovation is….. “The process for turning an idea or invention into a product or service that creates value which customers will be willing to pay for”

What is Innovation? GREAT IDEAS INNOVATION CREATIVITY INNOVATION VALUE

Motoring 2015 1990 4 In 2013, Hybrid cars accounted for more than 14% of all sales made by Toyota, with more than 3 million Prius cars sold

Vacuum Cleaners 2015 James Dyson launched his first cyclonic vacuum cleaner in 1993 (after 5 years and 5,127 prototypes!) Since then, Dyson have sold over 30,000,000 models – he is now worth $5billion! Bagless vacuum cleaners now account for over 70% of the market. 1990

Mobile Phones 2015 The iPhone handset was first launched by Apple in 2007. Since then, Apple has sold over 700 million iPhones 1990

Construction – Why is Innovation Important?

Innovation in Construction? 25 Years Charles Mills, a leader at Transport for London and chairman of Constructing Excellence’s Procurement Group recently blogged: "by contrast to manufacturing that’s racing towards its fourth industrial revolution driven by digitisation, the construction sector remains largely locked into traditional practices that haven’t radically changed in decades". 1990 2015

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Now it’s your turn…..3 questions! WHAT? What does innovation mean to you? In your industry/business/role? Is your company “innovative”?

Now it’s your turn…..3 questions! WHY? Why is innovation important to your business/sector? What are the barriers to innovation in your business?

Now it’s your turn…..3 questions! HOW? How can Constructing Excellence help you (coaching/information/seminars etc)? What would you like to know more about in future sessions?