The Construction Industry Is Ready. Are You?

In the tenth episode of Season 11 of the Propcast, host Louisa Dickins is joined by Meirav Oren, CEO and Co-Founder of Versatile and James Barrett, Vice President and Chief Innovation Officer at Turner Construction

Episode Highlights:
• The founding story of Versatile and their vision
• What Turner Construction are trying to achieve for the industry and the synergies they have with Versatile
• Key challenges with innovation adoption within the sector
• The work they are doing to empower people working in construction 
• Where Meirav has seen the biggest growth in their product
• Pressing  issues in construction that James wants to try and resolve
• How robotics can be implemented into the industry
• Making the industry appealing to the future workforce 
• How they work on making products that will make people’s jobs and change management easier 
• The different partnerships Turner Construction have and the reasons behind them 
• The Entrepreneur and Residence Program that Turner Construction have set up

Resources:
• LMRE Global Recruitment and Search Consultancy
• LMRE YouTube Interviews
• PropTech Salary Report, LMRE 2022
• Innovation Lab
• Omers Ventures

Key Takeaways:
• We put the data that we believe is most critical in the hands of the people who build. - Meirav
• Productivity is everything to us in construction. We're trying to get more work in place with fewer people and that's how you drive schedules, that's how you drive cost savings. That's how you improve. - James
• Evaluating and deploying solutions is working at the pace of change that people are comfortable with. - James
• We're facing a huge issue with a lack of skilled labour. We have an ageing workforce that’s retiring and it's not being replaced. - James
• When Venture capitalists told me that the industry is laggard and antiquated and simply not a good investment, because it's not going to adapt fast enough, I said, it's the second largest industry in the world. It's right for innovation, it needs it. - Meirav
• I think the worst thing you can have is incredibly bright, talented people wasting 2, 3, 4, 5 years of their life producing a solution that nobody wants. It's probably the greatest waste of human talent you can imagine. So that's why the whole program was born. - James

About Our Host
Louisa Dickins
Louisa is the co-founder of LMRE, which has rapidly become the market leading global PropTech recruitment platform and search consultancy with operations across North America, United Kingdom, Europe and Asia-Pacific.
To promote the industry she is so passionate about, Louisa set up the Global podcast ‘The Propcast’ where she hosts and invites guests from the built environment space to join her in conversation about innovation.

About LMRE
LMRE is globally recognised for leading the way in Real Estate Tech & Innovation talent management.
From the outset our vision was to become a global provider of the very best strategic talent to
the most innovative organisations in PropTech, ConTech, Smart Buildings, ESG, Sustainability and
Strategic Consulting.
At LMRE we are fully committed at all times to exceed the expectations of our candidates and clients by providing the very best advice and by unlocking exclusive opportunities across our global network in the UK, Europe, North America and Asia-Pacific.

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