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Atul Bhatt
CMD at Rashtriya Ispat Nigam Limited, Vizag Steel Plant
Atul Bhatt is a versatile and accomplished professional who has lent his skills to a wide range of organizations throughout his impressive career. With a Bachelor of Engineering degree in Computer Software Engineering from the National Institute of Technology Surat and an MBA in Finance from The Maharaja Sayajirao University of Baroda, Bhatt boasts a diverse education that informs his multidisciplinary approach to problem-solving and transformational leadership.
Over the years, Bhatt has served in a variety of roles at organizations including the Canada Mortgage and Housing Corporation (CMHC), Health Canada, Queensway Carleton Hospital, Bank of Montreal, Mercer, and Eli Lilly & Company, among others. He has held positions such as Senior Project Manager, Lean Six Sigma Black Belt, Manager of Corporate Process Redesign, and Strategy & Organizational Excellence.
This breadth of experience has given Bhatt a unique perspective on organizational excellence, process transformation, and change management. Moreover, his technical prowess and experience across a variety of industries have enabled him to thrive in fast-paced and dynamic environments. Currently, Bhatt serves as the Advisor for Policy and Innovation at Canada's CMHC while also acting as a board member for Carleton Place & District Memorial Hospital.
Highlights
It’s been almost 10 weeks since I started to go deeper into why modular housing at scale remains a promise waiting to be fulfilled. During this time I read numerous articles, spoke to a lot of industry practitioners as well as some industry outsiders, followed various experts and blogs on social media. Here is what I think the the industry may have missed:
A key principle in innovation is to test the desirability, economic viability and technical feasibility of an idea before it can be scaled. DVF can be tested using established principles of user testing. Venture capitalists and studios know this well. You typically will not have a scaling investment unless the demand is proven. It is not sufficient to know that there is demand, however. There must be a product idea that can address the demand and do so in a way that generates a return.
In the case of modular, the industry seems to have evolved out of a desire to build using a better process but due to the capital intensive nature of testing DVF, there is a need to generate an immediate ROI while testing for customer acceptance, demand, profit margins, logistical and technological considerations. This has led many to ultimately have innovative ideas serve very niche markets such as temporary housing and custom single family builds. That limits scalability.
So, yes there is a housing affordability crisis but it is not obvious how to deploy modular housing as a solution, what are the risks involved, can they be mitigated, what types of housing should not be modular, how do building codes need to evolve to allow more modular builds, etc. The entire industry is a giant lab learning as we go with intermittent failures that erode confidence.
Maybe there is a better way to organize ourselves for the DVF testing so governments and investors see modular as practical solution to the affordability crisis?
Craig Mitchell, Sim Bains ,Frank Lohmann , Gene Meredith , Jennifer Castenson , Nolan Browne , Frank Lohmann , Matthew Clayton , Gary Fleisher , Ken Semler , Paul Richards , Yudhisthir Gauli , Aman Adatia , Ali Salman , Karl Dixon , Leith Moore, Steven Haylestrom , Dave Cooper 🎥 , Vikas Enti , Katherine Macpherson
Thanks for the illuminating chat yesterday Aaron Holm
Had a fascinating chat yesterday with Katherine Macpherson. Katherine and I exchanged perspectives on risk management practices particularly related to management of innovation, narrowing down further to explore the maturity of risk management practices in the modular construction industry.
While modular construction methods can reduce risks resulting from controlling the work environment in a factory Vs relatively difficult to control construction site conditions, there are also several new risks that are introduced. Ultimately, if the modular construction business is not setup to identify, avoid, reduce or transfer this risk, it is unlikely to become a mainstream alternative. For example, a successful modular construction business must demonstrate that it can address all of the following aspects of a business:
- Understanding of customer needs (adopting design thinking methods)
- Understand the social and economic landscape and associated advocacy
- Creation of awareness of product superiority for investors and consumers
- Sales, marketing, business development, supply chain development
- Strong operational and financial discipline
- Superior product design reflected in documented and easy to understand architecture + engineering
- Ability to size and develop factory sites quickly
- Excellent automated manufacturing and shop floor controls
- Outstanding understanding of site integration processes and constraints
- Adoption of continuous improvement and lean construction methods
- Organization strategy, including careful management of growth through partnerships
- Evolving industry practices with respect to processes, components, product quality, marketing methods, manufacturing methods, emerging consumer trends such as net zero/ climate resiliency, etc.
And these are only a few top of mind critical high level business considerations. I haven't even gotten into individual project level complexity, navigating cross-jurisdictional variations, logistics, financing, insurance, etc.
I can't see how a large construction business can be built without addressing each of these successfully. Government and private sector entities who see modular housing as a solution must recognize these constraints and build the necessary supports at each level to connect individual efforts. It's daunting but not sure there is another easy way to transition to what has been known to be a more efficient way to build.
So....
Step 1: Know that there is a problem Step 2: Frame the problem in a way that it engages those that need to be involved in solving it.
#modularhousing
This research paper is a decade old but provides a good starting point for thinking about the risks with modular more comprehensively: https://lnkd.in/e7u3_NtX
Ali Salman, Yudhisthir Gauli, Frank Lohmann, Ken Semler, Gary Fleisher, Nolan Browne, John Fay, Jennifer Castenson, Dave Cooper 🎥, Carolyn Whitzman, Kevin Lee, Jason Burggraaf, Steve Pomeroy,
