Podcast: The Building BITE
Season 3 Episode 3: “Demystifying Advanced Technology”
Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP and Mike Diercksen, CRIS, welcome back Rose Hall, VP and head of Construction Innovation at AXA XL, and new guest Cutler Knupp, Managing Director of Dysruptek.
We begin the episode by discussing what initially drew each of our guests into the world of construction, with a focus on the technology and innovation side of the industry. It is a great discussion filled with problem solving and opportunity, featuring two different stakeholders coming together to solve complex industry issues. While there are many dynamic take aways from the conversation, Rose and Cutler give our listeners three key takeaways and best practices when looking to “Demystify Advanced Technology”:
- You don’t know unless you try: Embrace the change! Historically our industry has been slow to adopt, but Cutler argues the cost of inaction is greater than the commitment to technological advancement. While there are inherent growing pains associated with this, it is best to “fail often and fail fast” as your company learns to navigate what works best for them.
- Have a dedicated Innovation leader: It is imperative that you look to not only create a dedicated seat within the C-Suit for Innovation, but that you provide that person with adequate support from within. Having the proper mind set to align your risk, business, and innovation strategy is the only way to move forward successfully.
- Look internally first: By starting with the hard questions and identifying internal issues that could be the most impactful for your firm. Try and identify these issues and if there are dedicated resources either internally or externally, and then initiate that conversation to see what could be done. Even the most advanced solutions begin with a first step, and this would be the ideal first step when looking to innovate.
To learn more about how you can better prepare your firm for the challenges and innovating opportunities ahead, listen to our full podcast episode with Tracy on “Demystifying Advanced Technology”
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