Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP and Mike Diercksen, CRIS, welcome Tom Kellogg, Founder and Principal at Maple Insight.
We begin the episode by discussing the journey Tom took from Purchasing Manager of a large Construction Firm, to eventually founding Maple Insight. Tom explains his philosophy on how to best quantify and address risk, with continuous and diligent reporting. Through this process Maple Insight delivers top quality insights to the various stakeholders of the construction industry and paints a detailed picture size and scope of their risk portfolio. Before we end the conversation, Tom delivers to our audience his three key takeaways.
1. Risk Must Be Quantified: Creating an accurate assessment of your risk requires an academic approach with a focus on data. While it is natural to maintain industry relationships with vendors, proper risk assessment through academically driven data should be the leading determinant in future decisions.
2. Trust The Process: Whatever your process is, it needs to remain consistent. This is not to say that exceptions cannot be made, but should be done knowing that the fundamental process has been equal and equitable for all parties across the board.
3. We Need To Understand The Risks: There will always be risks, but we can’t let that impede us from moving forward. Just as you wear a helmet when riding a bike in case you fall, it is important to understand the risks ahead and plan accordingly.
To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Tom on “Construction Technology, Taking an Objective Look at Risk”
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30 июл 2024
