Framework for Pursing Innovation
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Transcript of Framework for Pursing Innovation
Suffolk Construction Company, Inc.1
Framework for Pursuing Innovation
Providing Focus and Alignment To Drive Both Growth and Transformation
Suffolk Construction Company, Inc.2
INNOVATION IS DRIVEN BY CULTURE
Our objectives are to enhance the culture of innovation
• Idea Generation/Capture – Identify, evaluate and pursue initiatives from around the company
• Build Awareness/Drive Engagement – Ensure everyone understands what is happening across the company and is active participating in initiatives
• Build the Organization’s Strength – Integrate innovation-related development activities with our L&D processes
Suffolk Construction Company, Inc.3
FRAMEWORK USED TO DRIVE INITIATIVES
Pursue initiatives aligned with creating value now and in the future
• Experience – Maximize the value in every interaction
• Plan – Drive predictability throughout the entire process
• Control – Ensure alignment with the plan
Suffolk Construction Company, Inc.4
INITIATIVES: FOCUS ON THE VALUE POTENTIAL BOTH IN THE IMMEDIATE AND LONGER TERM
Sustaining(Necessary to Compete)
Disruptive(Within the Company)
Transformative(To the Industry Overall)
Experience
Improve the efficiency and effectiveness of our teams through the use of next generation technology
Change how we communicate internally and externally with the use of virtual reality
Change expectations of owners and improve efficiency by using new processes and technologies which enable true mainstream integration of VR and AR
Plan
Drive efficiency and visibility into the projects through integration of the Model and Schedule
Change the way we plan and respond to changes in real time through integration of the Model and Materials
Deliver greater value and position the company to provide ongoing facilities management through a standardized approach to the owner turnover process
Control
Improve efficiency and effectiveness through Reality Capture and Real Time Tracking on jobsites
Change how we monitor and assess jobsite performance through more timely and integrated monitoring of jobsite information aligned with the Model
Change the way building is done to improve safety, productivity, and ongoing maintenance by employing “smart” solutions, full lifecycle integration of activities and data, and real time tracking across all jobsites
This is WHY
Suffolk Construction Company, Inc.5
INITIATIVES: TECHNOLOGIES + ABILITY TO SCALE = INCORPORATION INTO OUR TOOLBOX
Sustaining(Necessary to
Compete)
Disruptive(Within the Company)
Transformative(To the Industry Overall)
Experience Collaboration ToolsVirtual Reality Rollout and Adoption
Advanced Visualization using Virtual and Augmented Reality
Plan 4D Modeling 5D Modeling6D Modeling including ongoing Facilities Management
ControlSystemic use of Reality Capture using current technologies
Reality Capture and Monitoring integrated with the Model
“Internet of Things” integrated with the Model represented with Augmented Reality
This is WHAT