What are the most promising innovation models for construction?

2 Lean innovation

Lean innovation is a model that focuses on delivering value to customers by eliminating waste and inefficiencies in the innovation process. It is based on the principles of lean manufacturing, which aim to optimize the flow of materials, information, and value through the production system. By applying lean innovation, you can test your assumptions and validate your ideas with minimal resources, and iterate quickly based on feedback and data. For example, you can use lean tools such as the lean canvas, the value proposition canvas, or the minimum viable product (MVP) to design and launch your innovation projects.

3 Circular innovation

Circular innovation is a model that aims to create a more sustainable and resilient construction industry by designing products and processes that minimize waste, emissions, and resource consumption. It is inspired by the concept of the circular economy, which proposes to shift from a linear model of take-make-dispose to a circular model of reduce-reuse-recycle. By adopting circular innovation, you can enhance your environmental performance, reduce your operational costs, and create new revenue streams. For example, you can use circular innovation strategies such as designing for durability, modularity, or disassembly, using renewable or recycled materials, or offering services instead of products.

4 Frugal innovation

Frugal innovation is a model that seeks to deliver high-quality and affordable solutions for low-income or underserved markets. It is driven by the need to overcome resource constraints, such as lack of infrastructure, capital, or skills, and to meet the specific demands and preferences of these customers. By practicing frugal innovation, you can tap into new growth opportunities, increase your social impact, and foster local innovation ecosystems. For example, you can use frugal innovation techniques such as simplifying your products or processes, leveraging existing assets or networks, or co-innovating with your customers or communities.