π Innovation, Risk, and Leadership: The Future of Construction ποΈπ‘
In a recent episode of the Thrive in Construction podcast withDarren Evans, I had the opportunity to discuss some of the fundamental challenges facing the construction industry today, and more importantly, how we can overcome them.
From traditional procurement pitfalls to the role of emerging technologies, the conversation highlighted key issues that must be addressed to create a more efficient, transparent, and future-ready industry.
Key Takeaways from the Discussion
β The Flaws in Traditional Tendering: Current procurement models often prioritise short-term cost savings over long-term value, leading to inefficiencies, budget overruns, and project failures. We need a shift towards outcome-based procurement that incentivises collaboration, quality, and risk-sharing.
β Technology as a Catalyst for Cost Certainty: Digital transformation is no longer optional, it is essential. By leveraging Intelligent Automation (IA) and AI we can reduce risk, improve cost predictability, and enhance design-to-construction workflows. KREODx is committed to pioneering DfMA (Design for Manufacture and Assembly) solutions that optimise efficiency across the entire building project lifecycle and management.
β Transparency in Client-Contractor Relationships: Mistrust and lack of transparency continue to plague construction projects, leading to delays, disputes, and inefficiencies. A more data-driven, collaborative approach is required to align all stakeholders and improve accountability.
β Entrepreneurial Leadership: Urgency & Transformation: The construction industry needs leaders who embrace change with urgency, not those who resist it. A progressive mindset, willingness to take calculated risks, and commitment to continuous improvement are essential to drive meaningful transformation.
β Lessons from Elite Sport: Resilience & Discipline: As a former professional swimmer, I understand the value of mental strength, perseverance, and self-discipline. Entrepreneurship is no different, it requires the ability to navigate uncertainty, push boundaries, and keep moving forward despite setbacks.
KREODx: Shaping the Future of Construction
At KREODx, we are developing next-generation automation-driven tools that empower architects, engineers and contractors to make informed decisions faster, with greater accuracy and confidence. Our platform aims to bridge the gap between design, cost and construction feasibility, ensuring projects are financially viable, environmentally sustainable, and technically robust.
This is not just about innovation, it is about building a smarter, more resilient industry that is fit for the future.
π₯ Watch the full podcast episode below and share your thoughts on how we can collectively drive change. Letβs continue the conversation. π