Leadership Development and Succession Planning for Construction Companies

Shift your thinking from merely meeting legal requirements to improving the strategic decision-making process. Having an engaged board with clear roles and responsibilities drives business results. For example, fraud hits construction hard, with nearly $250,000 in losses per case, according to data from the Association of Certified Fraud Examiners. Having independent oversight as well as strict audit and controls can help mitigate losses. Safety is another area where the board can create real results in the field. In 2023, 20% of U.S. worker fatalities were in construction, and having a board-led safety governance drives culture.

We’ll help you build robust tools and expanded resources to fuel business growth and continuity through enhanced governance. Our corporate governance consulting teams focus on:

Governance Structure

• Clarify and differentiate the respective decision-making responsibilities of business owner(s), board of directors and management.
• Provide guidance to legal counsel in revising key governing documents.

Board Creation

• Design and launch strategic boards that leverage independent, outside members.
• Determine the type of board, whether advisory or fiduciary, that best supports organizational objectives.
• Identify the leadership structure of the board relative to the chair, CEO and lead independent director.
• Develop the collective profile of desired outside board members.
• Search and select qualified candidates to fill board seats.
• Oversee onboarding and board launch activities.

Board Performance

• Evaluate a board’s current efficacy, identifying opportunities to enhance its performance.
• Partner with businesses to implement tools that improve board output.
• Train directors and boards in best-of-class governance practices.
• Coach and advise business leaders on how to run effective board meetings as well as create clear definitions on the roles and responsibilities of the board and executives.

Meet the Team

FMI’s executive coaches work with industry leaders to strengthen their leadership capacity, elevate performance, accelerate succession readiness, develop strategy and drive strategy execution through focused one-on-one developmental conversations.

Consider coaching for these types of issues:

• Role transitions or promotions
• Preparing high-potential leaders for future roles
• Elevating performance in your current role
• People challenges despite technical excellence

Why FMI coaching?

• FMI coaches have worked in or consulted to the construction industry for many years.
• FMI has a deep pool of ICF Certified Coaches with a wide variety of backgrounds, coaching styles and areas of expertise. Our breadth of coaches ensure you find an ideal fit.
• You may contact your coach for brief touchpoints between scheduled sessions.
• A custom post-coaching 360 is given at the end of the coaching engagement to measure change.

"If you're ready to take it seriously and lean into the process, working with a FMI coach is absolutely worth it. It created the space I needed to step back from the day-to-day and really look at how I lead, how I'm perceived and where I can grow. It challenged me in the best ways and the insights I gained are already making a difference in how I show up. If you're willing to do the work, it's a powerful investmetn in yourself and your leadership." - Jim Calvo, senior director of national pursuits, Swinerton, Inc.

Meet the Team

Construction spending on megaprojects, or those costing $1 billion or more, is projected to grow 30% from 2024 through 2028. Whether you directly engage in megaprojects or not, the competitive landscape has likely changed due to the increase in these monumental undertakings. The key to success is building a strong foundation from the beginning. Yet, achieving this across so many stakeholders isn't easy. Our consultants help project teams, including general contractors, owners, trades and design, develop strong operational processes, clear strategies and collaborative working environments that set projects up for success.

We help clients:

• Understand and mitigate risks collectively
• Develop communication plans and cadences that drive results
• Foster collaboration early and often
• Create high-performing teams 

This is about getting the right team in place at the right time with the right culture.

Meet the Team

The competition for talent across engineering and construction is fierce. Attracting, retaining and developing talented people for roles across your organization will improve operations, drive profit and create advantages over the competition. Whether you’re looking to develop your next generation of leaders or further develop your C-suite executives, our industry experts can help you achieve your training and development goals. In addition to our professional development and executive courses, we offer custom, on-site training built to meet your needs and one-on-one executive coaching to help develop your team.

Meet the Team