General contractors/Construction managers have traditionally operated on thin margins while managing significant risk on a project-by-project basis. Investing in R&D and innovation has never been a priority…until now. In 2022, more than ever before, GCs are coming to the realization that since the construction industry has lagged far behind other industries with regards to productivity and digitalization, the operating business strategy has to change. R&D/innovation budgets are on the rise, yet it is still challenging for firms to prove the ROI. The goal of this session is to hear directly from the people who are tasked with building R&D/Innovation functions at a GC, gaining valuable insights on what’s working, what’s not, and what the future looks like for innovation in our industry.
Panelists: