Abstract
Building Information Modelling (BIM) has been well recognised for its potential to reduce cost, improve efficiency, improve quality, and provide further productivity and performance benefits. In response to the recent hype of BIM processes and workflows, together with government mandates and client's demands, more companies are starting to implement BIM based strategies in their delivery process to improve their business. However, there is still a question of what happens when all the surrounded competitors have similar level of access to all stated benefits of BIM. In the innovation management literature, it has been widely accepted that the early BIM adopters possess more advantage compared with early majority or the late majority. As a result of this dynamism, the architectural, engineering and construction (AEC) industry is likely to reach a tipping point with a BIM-saturated market. A BIM-saturated market is a sign of a transition from the stage where the early adopters are taking the lead to a position where BIM is becoming a norm within the industry. This paper explores how this dynamism can be managed at an organisation level to be able to gain competitive advantage. Semi structured interviews from industry professionals were employed to gather data on how BIM can be strategically positioned to ensure competitive advantage in the market. The paper concludes with a recommendation on how companies could strategically position BIM within a BIM saturated market which will essentially be useful in an uncertain market condition.
Original language | English |
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Publication status | Published - 15 Nov 2021 |
Event | Proceedings of Centre for the Integrated Delivery of the Built Environment (IDoBE) on Uncertainties in the Built Environment: How can we build a resilient future in the new normal? - Duration: 21 Nov 2021 → 23 Nov 2021 |
Conference
Conference | Proceedings of Centre for the Integrated Delivery of the Built Environment (IDoBE) on Uncertainties in the Built Environment: How can we build a resilient future in the new normal? |
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Period | 21/11/21 → 23/11/21 |
Other | IDoBE is led by academics with expertise in construction, property, surveying, energy, sustainability, and development within the School of the Built Environment and Architecture. The Centre’s research builds on the School’s flagship courses in construction project management and economics, quantity surveying, building surveying, real estate, and architectural technology. |
Keywords
- BIM implementation
- strategic positioning
- building information modelling (BIM)
- competitive advantage