It’s no secret that we’re experiencing one of the longest economic expansions since World War II, and the Built Environment has been a clear beneficiary of this prosperous time for eight consecutive years. Exactly when an economic recession will rear its ugly head is anyone’s guess, but few would argue the fact that we’re at the top of the business cycle right now.
Ten years into the United States’ longest period of economic recovery, is your company ready for the next downturn…or not?
Recent FMI research suggests visionary companies come out on top through tough economic times. As we look to a potential market downturn, how will you leverage your company vision to stay ahead?
When building product manufacturers walk side by side with contractors, engineers and architects, they become true partners in the building process (versus just suppliers or vendors).
Accepting a project on unfamiliar turf can bring an array of unforeseen challenges. Here are some suggestions to help ensure a successful journey.
Using action learning to enhance high potentials’ strategic thinking, organizational agility and teamwork skills.
How E&C can use technology to get a second wind and keep the momentum going.
How to create a structured incentive plan that supports your organizational mission.
Here’s how E&C companies can use captive insurance to shield themselves against the impacts of an economic recession while also strengthening their positions in the marketplace.
Welcome to the third edition of the 2019 FMI Quarterly. We dedicated this issue to a concern that’s top of mind for E&C and many other industries right now—namely, what’s keeping our leaders up at night and why.
Interview spotlight with the leaders of DPR, Fortis and Syska Hennessy.
While the economy is strong, how can you sharpen your pencil as a leader to take advantage of the market?
Increasingly severe weather creates unprecedented challenges for the built environment. Resilience is more important than ever.
Tight labor markets demand accurate and timely compensation practices. Understanding your employees’ true market value enables you to make informed decisions and retain high-performing players.
How owners and project stakeholders are changing the way they work together to deliver successful megaprojects.
Three best practices that will increase the odds of sustaining organizational success and continuity in the face of leadership transitions.
How companies can fully leverage their boards of directors and other leadership groups to achieve success in any market conditions.
Welcome to the third edition of the 2019 FMI Quarterly. We dedicated this issue to a concern that’s top of mind for E&C and many other industries right now—namely, what’s keeping our leaders up at night and why.
In this edition of the Quarterly, we have a collection of articles across all stakeholder groups in the built environment that talk about how technology is impacting and influencing businesses across the value chain.
Being a beta customer is not an easy decision and shouldn’t be taken lightly. Here’s how to make sure your experience is a good one.
As Amazon Business continues to make headway in the building products distribution industry, we’re beginning to see the Amazon effect disrupt the purchase and delivery of building products to the job site.
Four ways artificial intelligence can transform an industry that’s finally poised to embrace technology.
With the universal growth of platforms powering business functions, the importance of a technology stack is being recognized by companies of all sizes in the built environment.
How to get everyone onboard with successful technology implementations that benefit your entire organization—from the field worker to the senior-level executive, and everyone in between.
Once you know what you want and need from your technology solutions, you can begin to extract meaningful insights to help your organization manage risk more effectively.
The E&C industry plays a key role in identifying technology and bringing it to end users through the design and construction of the built environment.
Here’s how past recessions have influenced the technology industry and what new construction tech companies need to be doing now to get ready for the next one.
Construction spending growth is slowing, and there’s a lot of turbulence going on in the general economy. We think the engineering and construction (E&C) industry is at or near the top of the cycle. Knowing this, it’s time for E&C firms to start thinking about how to operate their businesses profitably when (not if) the recession hits.
Position your business for long-term success by fine-tuning your company’s operations, risk management, people and rewards practices.
Recessions can create opportunities for construction companies to weather economic headwinds, allowing them to catapult past the competition and emerge even stronger.
Using business analytics to create a data-driven culture that helps E&C companies fine-tune their business strategies and continually improve their operations.
Now is the time to select strategic partners and understand what your clients really want in a design-build project.
The best boards are helping companies devise good plans of action for the future. Is yours on target?
Because the time to fix a leaking roof is when the sun is shining, multifamily contractors should be shoring up their cash reserves and diversifying now rather than later.
The pros and cons of bringing the project design function in-house.
How to get the most out of your business strategy—even when the future is unclear.
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