This research project emerged from a BRANZ workshop in 2015 - Beyond The Seen. Our research sought to identify new and emerging business models in the construction industry with a focus on the residential sector. It also sought to identify why new business models are slow in coming to the construction sector and what the barriers are to disruptive innovation.
We identified several unintended consequences of the current approach to managing risk in the sector (from banking to building) that stifle innovation and incentivise the building of poorer-quality homes and poorer-quality renovations. The research identifies a number of shorter and longer-term projects that would contribute to making it easier to dramatically raise the standard of New Zealand’s building stock and improve innovation across the construction industry.