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Business Case for Building Information Modeling (BIM), Lean, Green and IPD - What we can learn from an Economist?

Vijay Govindarajan recently caught attention for his recent book "The Other Side of Innovation: Solving the Execution Challenge" published by Harvard Business Review and his work on "Designing $300 Home". He is called the strategic innovation Guru and he is also the Earl C. Daum 1924 Professor of International Business at Dartmouth’s Tuck School in US. He believes that perspiration is more important than innovation i.e. execution of an idea is more important than only coming up with the idea itself.

I will try to explain the advantages of BIM, Lean, Green and IPD by his theory of strategic inovation. He talks about three boxes that large organizations operate into (or where organizations' projects fall into)-








Building Lean and Green using BIM and IPD fall under Box-2 and Box-3 that is selectively forgetting the past practices and creating the future (and here we are talking about 20 years from now i.e. about 2030).
Hear is his talk with Harvard Business Review -…