The State of Sustainability and What It Means for Your Capital Programs

The automotive industry's increased product and process complexity urge many auto OEMs and suppliers to reevaluate their current product development processes. By deploying a Model-based Systems Engineering (MBSE) approach, manufacturers can remain competitive, agile, and cost-effective while tackling the challenges of quality, increased regulation, sustainability, and cost. It also connects systems engineering with the rest of the development organization, improving collaboration and decision-making. While the advantages are plentiful, a systems engineering approach encounters challenges: only some requirements can be modeled with the level of accuracy needed, and a heterogeneous mix of modeling and analysis tools from various sources makes it difficult to link all of them synchronously.

In 2009, futurist and science-fiction author Bruce Sterling wrote: “Design seeks out ways to jump over its own conceptual walls- scenarios, user observation, brainstorming, rapid prototyping, critical design, speculative design.” The purpose of designing for the future is to think about the present. What are the unquestioned assumptions, biases and preconceptions we have inherited about our imagined futures? What if our design prioritised different values, ways of life and politics? Futures allow us to experiment with this.

Anirban Basu, chief economist for Associated Builders and Contractors, returns for the first of his 2023 quarterly economic forecast webinars. This webinar will review the circumstances at the end of Q1 2023 and discuss the risks and opportunities for the industry during the rest of the year.

See how the construction industry is changing over the next five to ten years and understand how companies can operationalize these insights. The research from Maxim Consulting Group included multiple in-depth interviews with contractors, equipment manufacturers, futurists, and other industry participants to create a comprehensive look into how construction companies can best position themselves to maximize profitability over the next five years.