Industry Experts Delivering Exceptional Client Outcomes
FMI is singularly focused on creating a better future for the built environment and its leading organizations.
“FMI is a firm where all are welcome, and their contributions are acknowledged and celebrated. A firm where talented and driven individuals can have thriving careers, advance on merit, and reach the highest levels of management and leadership.”
– Denise Proctor, CFO and COO
FMI professionals partner with clients to solve their present-day strategic, operational and organizational challenges while keeping an eye on emerging trends and innovations that will influence their future decisions. As the pace of change across the built environment accelerates, so do volatility and uncertainty. Technological innovation and social issues are combining with more traditional political, economic, demographic forces to influence who, what, where and how tomorrow’s infrastructure is built. FMI is uniquely positioned within the industry to provide clients with fresh perspectives on relevant topics, such as:
- Alternative building products
- Energy transformation
- Environmental, Social and Governance (ESG)
- Off-site construction
- Project funding
- Project delivery methods
- Technology and innovation
Doc Fails, Founder of FMI
The story of Fails Management Institute (FMI) begins with Dr. Emol "Doc" Fails, a beloved professor at North Carolina State University. In 1953 he began helping former students and small contractors understand and operate their businesses more effectively and developed a passion for improving the profitability of his contractor clients. In 1956 he formalized these part-time pursuits into an industry-focused consultancy that grew to become FMI.
Over the past 70 years, our firm has evolved with the industry, continuing to expand our services beyond engineering and construction to include additional sectors of the built environment. Like our founder, we remain passionately committed to creating a better future for the built environment by helping clients solve their most complex business challenges.
You don’t build a business. You build people and then people build the business.
– Doc Fails
“Going on 70 years, FMI has been singularly devoted to serving the engineering and construction industry and broader built environment. Our exclusive industry focus has allowed us to develop deep and intimate knowledge of how the industry works, and form lifetime firm-to-firm relationships with its leading companies. We seek to leverage these strengths on each engagement with every client to their absolute satisfaction.”
– W. Chris Daum, CEO