Exponential Growth of Technology

Technology innovation has always occurred at an exponential rate and has been starting to impact the $1 trillion construction industry at increasing rates.

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In many cases we don’t recognize innovation that is happening at an exponential rate because the starting point is so small that we only start to see the growth when it reaches a tipping point.

Sustainable Growth: Accelerating Technology Innovation. What does Technology look like in another 6 years? How does it impact your business?

Consider the changes that that occurred just in the mobile phone between 1983 when Motorola released the first “Brick” phone until 2005 when Nokia “Candy Bar” phones were ubiquitous.  The changes during that 22 years seem evolutionary because the phone pretty much did the same thing with each successive version being smaller, lighter and cheaper.  

Looking at the next 6 years and by 2011 contractors were starting to work collaboratively on plans with their mobile phones and now tablets thanks to companies like PlanGrid. Moving forward another 6 years to 2017 and you have augmented reality integrated with on-demand training being used in the construction industry.

Things are really starting to change quickly in the construction industry around technology.  What does 2025 look like? What about driverless vehicles? Automation? What is your team doing to put yourselves in a position where you have a competitive advantage or at minimum don’t lose your current position?  




Leading Growth through Building People
Southwest disrupted the airline industry by a relentless focus on building their people around a culture of fun, hard work, and hands-on leadership. Contractors with that same level of focus on their people and culture will dominate the industry tomorrow.
Accelerating The Pace of Learning
Closing the gap between where we are and where we want to be starts with learning new things and accelerating the pace of our learning.
Evolving Focus with Growth and Leadership Levels
All contractors are built on the same foundation, which starts with the amazing crafts people. With growth in the business, project size, and your level of leadership, the time you allocate to different layers of the pyramid must evolve.