Hope Amid a Slow Construction Comeback
Most professional practices in the design and construction industry will experience an agonizingly slow comeback after the poor and often painful business conditions of the past year, according to a new report in the journal DesignIntelligence. Signs point to a sluggish recovery that will not take the industry back to what had been considered normal in the mid-2000s.
"At the macro level, the private capital that's needed to support growth and urban health will not fall into place anytime soon," notes DesignIntelligence.
Instead, according to the report's co-authors, James P. Cramer and Jane Gaboury, a new normal will unfold, and with it plenty of pesky problems for architecture and design firm leaders. There will be no quick recovery. However, there is hope, they say.
"2010: A Year of Convalescence," published in the January/February issue of DesignIntelligence, points to 25 significant trends transforming architecture and design that can offer sustenance during a painfully slow recovery. Among the trends are opportunities for strategic optimists who can translate recent developments into action plans, say Cramer and Gaboury:
- Sustainability drives design.
- New strategic models spell game change.
- Collaboration builds value.
- Metrics matter more than ever.
- Evidence-based design has increasing impact.