Can integrated solutions business models work in construction?

Brady, Tim, Davies, Andrew and Gann, David M. (2005) Can integrated solutions business models work in construction? Building Research & Information, 33 (6). pp. 571-579. ISSN 1466-4321

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Abstract

It has recently been suggested that the future of the construction industry lies in adopting a new business model based on the concept of integrated solutions. Integrated solutions are combinations of products and services that address a customer's unique requirements throughout the life cycle, from development and design to systems integration, operations and decommissioning. Research on integrated solutions in other capital goods sectors has shown suppliers have had to create new business models, including developing new approaches to adding value, and building up new capabilities – especially in systems integration. The paper presents some preliminary empirical findings about construction industry perceptions of value, systems integration and integrated solutions that suggest the concept of built environment solutions provision is still at an early stage in its development and that the best opportunity for its introduction is in the context of private finance initiatives in the public sector or large clients who require repeatable solutions in the private sector.

Item Type:Journal article
Uncontrolled Keywords:Business models; Customer focus; Integrated solutions; Private finance initiative (PFI); Systems integrators; Value creation; Innovation; CENTRIM
Subjects:N000 Business and Management > N200 Management studies > N210 Management techniques > N215 Change and Innovation
N000 Business and Management > N200 Management studies > N210 Management techniques > N213 Project management
DOI (a stable link to the resource):10.1080/09613210500285064
Faculties:Brighton Business School
Brighton Business School > Centre for Research in Innovation Management
ID Code:3427
Deposited By:editor centrim
Deposited On:06 Dec 2007
Last Modified:15 Apr 2014 14:58

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