Innovations in Canada The Future of Construction
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1 World Economic Forum Global Trnds with E&C Innovations in Canada Th Futur of Construction Prsntation by: Pirr Bouchr CCI Prsidnt Octobr 26 th, 2016
2 World Economic Forum Global Trnds with E&C What is CCI? CCI is a multi-stakholdr organization comprisd of construction ownrs, architcts, nginrs, contractors, manufacturrs and supplirs, and allid industris such as insuranc, bonding, claims consultants, asst managrs and financial institutions. It would not b possibl for CCI to dlivr on its mandat without th full involvmnt of th construction valu-chain. W do hav som gaps in trms of mmbrship, but w ar working on it.
3 WEF Global Trnds with E&C Improvmnt is such aras as procurmnt, construction managmnt procsss and procdurs, HR, IT, product dvlopmnt, or anything ls th industry nds to xplor to incras its: productivity profitability markt divrsification
4 WEF Global Trnds with E&C Industry Ovrviw Whil most othr industris hav undrgon trmndous changs ovr th last fw dcads, and hav rapd th bnfits of procss and product innovations, th Enginring & Construction sctor has bn hsitant about fully mbracing th latst tchnological opportunitis, and its labour productivity has stagnatd accordingly. This unimprssiv track rcord can b attributd to various intrnal and xtrnal challngs: th prsistnt fragmntation of th industry, inadquat collaboration with supplirs and contractors, th difficultis in rcruiting a talntd workforc, and insufficint knowldg transfr from projct to projct, to nam just a fw. World Economic Forum - Shaping th Futur of Construction
5 WEF Global Trnds with E&C What ar th fact? Dspit all this, and th fact that Canada is a G8 country, hr is how Canada ranks in aras that impact on its ability to rach much highr lvls of conomic prformanc. According to th World Economic Forum, Canada: Ranks 15th out of 144 countris for businss comptitivnss Ranks 17th in vntur-capital availability Ranks 23rd in businss sophistication Ranks 27th in corporat R&D spnding Ranks 26th in its capacity to innovat (LEED) Ranks 30th in bing an arly adoptr of tchnologis and procsss (BIM)
6 WEF Global Trnds with E&C What ar th fact? Statistical data indicats that, today, on hour of work in Canada producs $13 lss than in th Unitd Stats, and $29 lss than Norway. According to th U.S. Burau of Labor Statistics, th construction industry is th only sctor that has dcrasd in productivity sinc Th Chif Economist of th Confrnc Board of Canada stats th following: If w continu to discount or dismiss th productivity issu, Canadians futur incoms will b thratnd, particularly if thr is a sustaind downward adjustmnt in th pric of ky natural rsourcs. If thr was vr a tim to tak poor productivity growth sriously, that tim has arrivd.
7 WEF Global Trnds with E&C
8 WEF Global Trnds with E&C In May 2016, th World Economic Forum publishd a Documnt titld: Shaping th Futur of Construction. Th rport involvd input from a grat many companis from many rgions of th world activ along th construction valu chain: supplirs of building matrials, chmicals and construction quipmnt; contractors; and nginring, architctur and planning firms as wll as projct ownrs and dvloprs, acadmics, and ladrs from govrnmnt, civil socity, and industry organizations.
9 WEF Global Trnds with E&C Two Canadians wr mmbrs of th WEF String Committ: John Bck Excutiv Chairman Acon Nil Alxandr Bruc Prsidnt and Chif Excutiv Officr SNC-Lavalin
10 WEF Global Trnds with E&C This rport provids assssmnt of th stat of th industry stat and th global trnds that will impact on th industry. It introducs a concptual framwork transforming th industry, listing a numbr of masurs, groupd in ight aras. Thy ar: Tchnology, matrials and tools Procsss and oprations Stratgy and businss modl innovation Popl, organization and cultur Industry collaboration Joint industry markting Rgulation and policis Public procurmnt
11 WEF Global Trnds with E&C Ths masurs ar classifid into thr groups: Masurs takn by privat companis on thir own; Masurs takn by companis in collaboration with thir prs or by th industry as a whol; Masurs takn by th govrnmnt, acting both as th rgulator and as a major projct ownr. For ach of th aras, th rport idntifis currnt bst practics, and provids illustrativ cas studis of innovativ approachs, to prpar for th industry s transformation.
12 WEF Global Trnds with E&C Importanc of Diffrnt Transformation Aras Scal from 1-unimportant to 5-important Popl 4.6 Adoption of nw tchnologis 4.5 matrials and tools Industry collaboration 4.2 Businss modls 4.1 Corporat stratgis 4.0 Maturity of businss procsss 4.0 Maturity of construction opration 4.0 Corporat culturs 3.8 Corporat organizations 3.7 Cration of intllctual proprtis 3.6
13 WEF Global Trnds with E&C Mga Trnds Bst Practics Tchnology Incrmntal Innovation
14 Mgatrnds driving chang S p t m b r 19th 2016 AON s Offic Toronto
15 Global trnds importanc matrix S p t m b r 19th 2016 AON s Offic Toronto
16 S p t m b r 19th 2016 AON s Offic Toronto
17 Potntial impact of nw tchnologis S p t m b r 19th 2016 AON s Offic Toronto
18 Th Valu of othr IT Enablrs S p t m b r 19th 2016 AON s Offic Toronto
19 Th Full Lifcycl Valu of BIM S p t m b r 19th 2016 AON s Offic Toronto
20 Valu of Advancd Building Matrials (ABM) S p t m b r 19th 2016 AON s Offic Toronto
21 WEF Global Trnds with E&C Final world from Th world Economic Forum Th industry as a whol should nhanc coordination and coopration across th valu chain, and agr on common goals and standards. And to gain th support of socity at larg, th industry nds to work collctivly with all stakholdrs, along multipl dimnsions. Th rcommndations containd in our rport - Shaping th Futur of Construction - rquir th commitmnt and ncouragmnt of many activ participants in th industry popl who bliv in a modrn E&C industry that will bnfit all.
22 WEF Global Trnds with E&C Solutions! Formr Prsidnt and CEO of Mitacs and formr prsidnt of th Univrsity of British Columbia Arvind Gupta stats th following: Our cosystm is not as dvlopd as othr countris. In som countris, w s clustr dvlopmnt whr companis support on anothr. In othr countris, w hav sn an innovation supply chain dvlop, whr companis farm things out to smallr companis. In som countris, w s much richr connctions with govrnmnt labs.
23 WEF Global Trnds with E&C Solutions! Formr Prsidnt and CEO of Mitacs and formr prsidnt of th Univrsity of British Columbia stats th following: Othr countris hav adoptd diffrnt stratgis. W nd to link acadmia with businss and incras th succss rat wll abov what it is today W want to just gt popl working togthr so than hlp on anothr.
24 WEF Global Trnds with E&C Solutions! Our stratgy: Thr pillars! Ida Gnration Pillar: Smart, Targtd Ntworks Pr-Commrcialization Pillar: Pilot Projcts Fund Commrcialization Pillar: Procurmnt St Asid
25 WEF Global Trnds with E&C Solutions! Thank you!
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