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Episode Description
What does a successful technological transformation look like in our industry? What are the biggest challenges facing that successful transformation? Join host Todd and guest KP Reddy as they discuss the importance of staying consistent, the reliable predictors of success or failure in tech implementation, making space for creativity and innovation in construction, and more.
KP Reddy is the founder and managing partner of Shadow Ventures, a venture capital firm that invests in seed-stage companies that are transforming tech-nascent industries with disruptive technologies. With over 25 years of experience as a serial entrepreneur and investor, he has a deep understanding of the challenges and opportunities in industries such as construction, real estate, manufacturing, and design. He also wrote the book “BIM for Building Owners and Developers,” published by Wiley and Sons in 2012, and has contributed to several publications and media outlets on the topic. His mission is to help owners and clients use BIM to increase transparency, quality, efficiency, and profitability in their projects.
Todd Takes
1. When developing a technology implementation plan, it is important to build in guardrails that provides people some level of autonomy while also maintaining consistency across the organization. I liked KP’s thought on basically creating an internal app store of the various options people could use.
2. Collaborate. Engage. Listen. Those are 3 key words that are required in order to get the office and field aligned on the technology stack. Lose one of those and it is like cutting off a leg on a 3-legged stool. It just doesn’t work.
3. That leads to the final take, good clear communication is critical for implementation. Have a predictable cadence to take the guesswork out of why you are rolling out something new. Then make sure to tailor the benefits and messaging to the specific audience you are talking with.
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