shaping-future-construction

Use of NZ fabricated steel aligns well with ‘Shaping the Future of Construction’.

Shaping the Future of Construction: Insights to Redesign the Industry is a white paper released by the World Economic Forum in 2017. This paper identified six challenges to the future of construction: Project Delivery – creating certainty to deliver on time and on budget, and improving the productivity, quality and safety of the construction sector.…

nzicc-construction-bdsvircon

Five megatrends you need to know to deconstruct construction risk

What are the big five megatrends in construction risk? And how do they relate to our members? Last week, I attended the launch of the Willis Towers Watson Construction Risk Index (CRI). The results reiterate what our members are already telling us. They also reiterate what we are asking our members to consider. That is,…

lean-startup-idea

Why lean startup applies to you – even if you’re not a startup!

Lean startup is an innovation process with an unfortunate name. Although it is based on lean principles, it isn’t the same. And, although it was based on startup evidence, it also applies to businesses of all sizes, Government agencies and not-for-profits. It also applies to well established businesses who are well past the startup phase!…

disruption-engine-prosperity

Disruption – the engine of prosperity

In the next ten years, 40% of the fortune 500 companies won’t exist in a meaningful way. When we stop paying attention to being the disruptor – we become the disrupted. Growth matters. Throughout history we’ve seen this happen many times. As our CEO Troy Coyle mentioned in her ThinkTank@HERA article ‘Are you disruption ready?’ the journey…

barrier

Why isn’t manufacturing uptaking exponential technologies?

There are many logical and psychological barriers stopping people from uptaking exponential technologies. In fact a study of US manufacturing firms’ adoption of exponential technologies has many similarities to feedback that HERA receives from its members. Key findings being, that companies are too focused on the day-to-day operations to respond to longer-term disruption opportunities. And,…

beyond-commodities-report

Beyond commodities

Manufacturing companies make significant contribution to NZ’s BERD according to a report released recently on the state of manufacturing in New Zealand. “Manufacturing Report 2018. Beyond commodities: Manufacturing into the future” identified that in 2016, national BERD was just $1.6 million, with manufacturing accounting for 42% of that ($671 million). The report also identified that the metals…