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#17 Alexander Chilingoryan – Steering Innovation in the Construction Industry
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- The construction industry has been underperforming historically, with low levels of innovation and digitization compared to other industries.
- Research has identified 15 key success factors and preconditions that help innovations to be successful in the construction industry.
- Innovation should be a continuous process and involve everyone in the organization, not just the R&D department.
- McKinsey suggests that 7% of people within an organization should be involved in change and innovation.
- Cross-functional teams and innovation champions can increase the chances of successful innovation.
- Borrowing innovations from other industries can be a critical success factor, rather than trying to invent something new.
- The biggest challenge for the construction industry is to adopt digitalization, including artificial intelligence, drones, and augmented reality.
- There is potential for the construction industry to adopt new materials and technologies that are more environmentally friendly and resource-efficient.
- The slow pace of innovation in the construction industry is due to a combination of factors, including conservatism, high risks, and strict regulations.
- Eastern European markets may be more willing to adopt new technologies and innovations in the construction industry, potentially leapfrogging more developed markets.
Alexander Chilingoryan is an experienced sales manager who brings value to organizations through his strong business knowledge, managerial experience, and exceptional presentation and negotiation skills. Currently, he is a part-time Professor of Innovation at the Russian Presidential Academy of National Economy and Public Administration. In his professional career, Alexander has held several positions in different companies. He is currently serving as the Deputy General Manager (CCO) at Selena Group, a position he has held since May 2014. Prior to that, he worked as a Sales Director at Bostik from October 2011 to March 2014, and as a Sales Director at Nidan from December 2006 to August 2011. Before his roles in Russia, Alexander worked as a Key Account Manager at Pantech Wireless, Inc. from October 2005 to December 2006. In terms of education, Alexander holds a Doctor's Degree in Business Administration and Management from Business School Netherlands, which he completed from March 2019 to September 2022. He also has an MBA in General Management from The Open University, which he earned from 2005 to 2009. Furthermore, he holds a Master of Education degree in English and German from Pyatigorsk State Linguistic University (PSLU), where he was the President of the University Chess Society. Overall, Alexander Chilingoryan's expertise lies in sales management, and he has worked for companies like Selena, Bostik, Nidan, and Pantech Wireless, Inc. He is currently a part-time professor at the Russian Presidential Academy of National Economy and Public Administration, specializing in innovation.
EPISODE LINKS:
Alexander's Linkedin - https://www.linkedin.com/in/alexander-chilingoryan-30050a29/
Alexander's Facebook - https://www.facebook.com/people/Alexander-Chilingoryan/pfbid0JbXS4Dz2MMHNGwttdQLkzcwkwa84KGtwryWTRacphM24FKX6UD8htgt5hssQFrFfl/
Alexander's Research in Research Gate - https://www.researchgate.net/profile/Alexander_Chilingoryan
Alexander's Research in Academia - https://businessnetherlands.academia.edu/AlexanderCHILINGORYAN
OUTLINE:
0:00:45 - Construction Conundrum: The Paradox of a Booming Industry Stuck in the Past
0:02:48 - Unlocking the Secrets to Successful Innovation: 15 Key Factors You Need to Know!
0:08:14 - From Crisis to Innovation: Coca-Cola's Secret Lemonade Strategy & The Paradox of Creativity!
0:14:36 - Revolutionizing Construction: Unleashing the Power of Digitalization and Augmented Reality!
0:17:33 - Revolutionizing the Construction Industry: Embracing Eco-Friendly Materials and Cutting-Edge Technologies!
0:20:11 - Breaking Barriers: Unraveling the Complex World of Construction Innovation and Regulation
0:24:47 - Revolutionizing Construction: How Eastern Europe's Risk-Takers are Outpacing the West!
Check us out on https://www.cassandra.global/
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