Engineering and construction companies that don’t embrace the new norm of data-driven operations are likely to lose traction in the market and could become obsolete in the coming years. Is your organization ready to raise the bar and leverage big data and analytics in the future?
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FMI surveyed and/or interviewed 133 CIRT members who serve on boards to learn more about E&C corporate governance practices in North America. Participants represented a wide range of positions, with the majority being private corporate board members and other C-suite executives.
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FMI has once again collaborated with AGC’s Surety Bonding and Risk Management Forum to capture contractors’ perceptions of risk and opinions on how the U.S. E&C industry will change in the coming years. Specifically, what industry sectors and trades are most likely to undergo fundamental disruption; how businesses are innovating today and the top risks they face; and ultimately, how these […]
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What talent shortage? Tomorrow’s built environment could go “robotic” not only to gain efficiencies but also to solve the current and looming labor shortages in engineering and construction.
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While offsite construction—including prefabrication, modularization, preassembly or offsite multitrade fabrication—has been around for decades, it is emerging as a critical method for delivering projects faster, safer and cheaper in today’s labor-constrained E&C environment
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2017 was another active year for M&A activity in the engineering and construction industry. Based on our most recent survey, industry participants believe the momentum will continue into 2018.
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The study, which was conducted in the fall and winter of 2017, sheds light on the current state of offsite construction in the U.S., explores owner organizations’ perceptions around benefits and impediments to offsite construction and associated organizational implications, and highlights industry success stories.
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Findings from this year’s talent development study paint a mixed picture of how construction firms are addressing people development. Leading firms, however, recognize the need for a systematic and strategic approach and are investing in the necessary people and resources to set up long-term talent management programs.
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For more than a decade, FMI has been surveying the construction industry to gain deep insight into current ownership transfer trends. In this year’s study, we also explored questions around leadership succession to assess how companies are identifying and developing their next-generation leaders.
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In this final segment on how to right projects that go awry, we provide a practical framework for executives to work through the key issues impacting a project while also allowing project staff to focus their energies on completing the project.
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