2022 - Future Business Models in Building Renovation

Meeting the challenge of building renovation requires linking different business models along the value chain. The Chair, with ARUP at its side, is orchestrating a co-creation project bringing together industrialists and students on this subject.

NEW BUSINESS MODELS ARE PROMISING

 

THE CHALLENGE: To meet the COP26 climate agreement targets, solving the building renovation challenge is key

 

THE PROBLEM: Construction companies and real estate developers have not been sufficiently incentivised to prepare for the after-sales, renovation and end-of-life phases of buildings

 

THE OPPORTUNITY: Digitalisation, pre-fabricated systems, and off-site and industrialised assembly can significantly bring down renovation costs

 

THE DRIVERS: in Europe, five drivers will lead to transformational change in the building industry and ecosystems:

 

  • EU Green Deal and ESG Taxonomy
  • Circularity
  • Talent Shortage
  • Industrialisation
  • Digitalisation

 

Meeting the renovation challenge will require connecting different business models along the value chain. The European Taxonomy of Sustainable Businesses encourages models that rely on digitalization (Gropyus), circularity (Concular), sustainable communities (Home.Earth), and renovation on an industrial scale (Ecoworks).

THE PROJECT

 

For two years, the project will bring together complementary and non-competitive industrial partners and final-year EDHEC students. This project is orchestrated by ARUP and the Foresight, Innovation & Transformation Chair.

 

2022 Partners

 

2021 Partners

THE OPPORTUNITY

 

 

MARKETING ANALYSIS OF THE THREE PLAYING FIELDS  

  • Rapid Industrial Renovation 

 

  • Digital Building Operation 

 

  • Sustainable and Circular Components 

 

THE PROJECT PROCESS OVERVIEW

 

THE DELIVERABLES​

 

Participants jointly create an overview of business model archetypes, anticipate future business models, and examine strategic opportunities in depth.

BUSINESS MODEL PLAYBOOK

Overview of archetypes of business models for building sector – including a deep dive with student teams into a case for every business model.

BUSINESS MODEL ARCHETYPE AND IDEATION WORKSHOPS

Interactive workshops and post-processing documents.

BUSINESS MODEL DEVELOPMENT AND WIND TUNNELING

Working with student teams to investigate new business opportunities.

JOIN THE FIT CHAIR

 

The core partners define project priorities and jointly finance a comprehensive foresight study that identifies business opportunities across the industry. There are two options to fund your contribution to the ‘Future Business Models in Building Renovation’ project; through a donation or via a signed agreement. If you are interested in joining the Future of Buildings 2.0 Project, contact Alix LA COTTE:

[email protected]