Innovation‎,‎ Strategy and Risk in Construction integrates insights from business and government leaders with contemporary research‎,‎ to help built environment professionals turn serendipity to their own advantage by building greater innovative and adaptive capacity into their operations‎.‎ Accessible and full of practical examples‎,‎ the book argues that traditional business strategies which seek to systematise innovation and eliminate uncertainty need to be balanced with more flexible approaches which acknowledge and harness uncertainty‎.‎ The missing key to innovation‎,‎ it is argued‎,‎ is to turn serendipity into capability‎.‎ The author proposes a simple model which allows managers to tap into the increasingly dynamic and interconnected nature of the construction industry‎.‎ Innovation does not occur in isolation within individual firms‎,‎ but through collaboration‎.‎ Each stakeholder in the construction industry has a responsibility to drive innovation‎,‎ and this book will be key reading for consultants‎,‎ contractors‎,‎ subcontractors‎,‎ suppliers and clients‎,‎ as well as policy makers and all serious students of construction management‎.‎