2018 Q4

The Quiet Transformation of the Built Environment

This issue of the Quarterly highlights some key innovations and transformations that are taking place across today’s built environment and sheds light onto this seemingly quiet yet pervasive transformation.

Featured Article: How Building Product Manufacturers Can Outsmart Amazon’s “Easy” Button, Part I

How to develop a business strategy that outwits Amazon Business at its own game.

How to Turn Big Data Into A Strategic Business Advantage

How E&C firms can take their huge data sets and transform them into usable, actionable intelligence that improves competitive advantage, enhances efficiencies and supports high levels of productivity (2018).

Leading as Partners: An Innovative Succession Trend

How E&C firms are using shared leadership strategies to transfer their businesses to the next generation of leaders.

New Frontiers: Focusing on Technology in Facilities Engineering and Design

How technology and integration expertise are becoming key competitive differentiators for design and engineering firms focused on facilities and buildings.

Offsite Construction Adds New Wrinkle to Supply Chain Puzzle

How building product manufacturers can take advantage of offsite construction trends and adapt their distribution models.

Six Technology Innovations to Watch in Engineering and Construction

Zurich’s top picks for promoting productivity and mitigating risk.

Teams at the Top: Tackling the Innovation Challenge

How to develop an engineering and construction organization that values, cultivates and fully leverages innovation at all levels.

The Maturing Construction Technology M&A Environment

Assessing the key M&A deals for construction technology and what they mean for the E&C industry.

2018 Q3

Building Leaders and Legacy in Today’s
Digital World

This edition of the Quarterly focuses on C-suite leadership, corporate governance, field leadership, ownership transition, risk management and the importance of leaving a legacy for your company.

Featured Article: Building Leaders and Legacy in Today’s Digital World

Welcome to the third edition of the 2018 FMI Quarterly. We’re now well into the second half of the year, and our authors are all thrilled to be able to share a fresh batch of insights, advice and trends with you over the next few pages.

Five Critical Pitfalls to Avoid When Developing Your High Potentials

How to get the most value out of your leadership development investment.

How to Drive Productivity Through Lasting Field Leadership Development

Success in business today comes down to field leaders’ ability to stimulate performance not only through hard skills like quality and process improvements, but also through soft skills like motivating and influencing others.

Private Equity’s Growing Role in Shaping the Built Environment

The built environment offers the private equity community an opportunity to invest in strong, growth-oriented companies with competitive returns.

Self-Awareness: The Foundation for Exceptional Leadership

An accurate assessment of your own level of self-awareness takes effort and vulnerability, but if you commit to doing it, the positive results will follow.

Three Lines of Defense: Holding Leadership Accountable for Managing Risk

Fully embracing the “Three Lines of Defense” model can mitigate risk and optimize future opportunities.

Untapped Potential: Closing the Training Gap for Corporate Boards

E&C companies largely fail to invest in ongoing education and development at the board level. Here’s how they can get on the right path.

Using an ESOP to Continue Your Company’s Legacy

With over 90% of E&C firms not being candidates for sale to a third party, employee stock ownership plans can serve as a viable succession planning tool for owners looking to transition out of their businesses.

Walking the Corporate Board Compensation Tightrope

How to effectively balance recognition and rewards with independent board governance.

2018 Q2

Canada: A Northern Perspective

Welcome to the second-quarter issue of the “2018 FMI Quarterly.” With a focus on Canada, this issue explores the various facets of the E&C industry in a country that, while a close neighbor to and ally of the U.S., has its own unique, independent qualities.

Featured Article: Leadership Fundamentals for Any Market Conditions

A look at how strategic, deliberate talent development can make a significant difference in an organization’s current and future growth.

A Case for the “Last 10%” Being the Hardest 30%

The phase between substantial completion and final acceptance can be one of the hardest bridges to cross, but the rewards of getting there are worth the extra effort.

In the Path of a Natural Disaster: Lessons Learned for Construction Work Sites

Hurricanes and wildfires in North America have brought new insights to risk management strategies. Can your risk register weather the storm?

It’s a New Day, Canada

Technology connects us, informs us, entertains us and changes the way we think, but how is it shaping customer expectations in the construction industry?

JV Driver: Building a Strong Leadership Legacy Through Tough Times

Here’s why organizations that invest in their future leaders are always ahead of the curve.

Leveraging Canada’s Active P3 Market

A viable means to repair and upgrade infrastructure, particularly in a strained economy where public resources are limited and private capital needs strong, risk-adjusted investment opportunities, P3 maintains a strong presence in Canada.

The Surge in Cross-Border Mergers and Acquisitions

They say the grass isn’t always greener, but this year it may be in the case of U.S.-Canada cross-border M&A activity.

Why Millennials Are Great for Engineering and Construction

It’s time to start incorporating a millennial-focused talent development strategy in the E&C workplace.

2018 Q1

The Future is Now: Setting Yourself Up for Success

With continuing industry growth trends, labor and productivity challenges, and retiring boomers, it would be easy to maintain focus on addressing the opportunities and challenges of the here and now. The risk in remaining solely focused on the short term is that the industry will likely look and operate very differently in 10 years than it does today, and firms may find themselves on the outside […]

Featured Article: Strategy in a Time of Industry Disruption

This article was written in response to the rise of venture capital focused on construction technology and disruptive startups, such as Katerra. In it, by examining case studies from other industries, we explored how industry disruption was unfolding.

Addressing the Workforce Gaps and Related Risks for the E&C Industry

Assessing the role of emerging technologies in easing workforce gaps for engineering and construction firms.

How to Create a Future-Ready Board of Directors

A simple shift in perspective regarding boards of directors can lead to a cascade of the best decisions an E&C industry owner will ever make.

Managing Risk in the Face of Industry Disruption

How smart E&C companies must get ahead of disruption by finding ways to adapt and innovate to remain relevant.

Planning for Tomorrow’s E&C Workforce Now

A look at what types of employees the E&C industry will need over the next few years and how top companies are working to fill those positions now.

Simplifying E&C Projects: Technology as an Enabling Solution

By being innovative and fully leveraging technology, E&C firms can effectively address the various levels of complexity within their projects while assuring quality and timely project delivery.

Technology and Operational Excellence: Catalyst or Obstacle?

How to select a technology solution that aligns with your company’s overall direction and optimizes resources and information.

The Solar Operations and Maintenance Opportunity: Now and Beyond

How the rise of solar photovoltaics (PV) is creating significant Operations and Maintenance (O&M) opportunity for today’s engineering and construction (E&C) industry.

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