Water infrastructure is crumbling while the demand for water is increasing, and many are concerned that there may not be enough water to meet the needs of people, industry and farms in the coming years. The availability of federal funds can help, but it will take additional investment in the space for the needed construction and repairs. Learn about the future of water and how to identify the […]
Read MoreSmall decisions and minor wins in the beginning stages of infrastructure deployment or ahead of renovation and repowering can create heightened value later in the lifecycle (downstream), which can affect the end results across numerous infrastructure segments. This is increasing the industry’s focus on minimizing potential issues before they occur and investing upstream to de-risk and improve […]
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Building products manufacturers focused on growth typically look to expand geographically, diversify their offerings, develop new products, invest in technology or acquire other companies to stay relevant or increase revenue. While these strategies can all improve the bottom line, they often lack a key component: putting customer needs first.
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As more market share trends toward collaborative delivery methods, sophisticated preconstruction services are becoming the foremost differentiator for general contractors and construction managers. Firms with strong preconstruction functions are positioned to win a greater share of the work and execute it more profitably than peers.
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While many companies look to talent development and company branding to attract and retain talent, they often overlook a powerful and underrated lever to help mitigate the problem: establishing a clear and inspiring company mission.
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In part two of our series on megatrends, we discuss continued urbanization, rising income inequality, increased political polarization and further globalization.
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Employers should make efforts to establish optimal environments through assessing and improving operational and labor practices to ensure that well-regarded talent stays with the firm during a slowdown.
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Having a long-term strategy can help your firm chart a course for the future. To assist in this strategic focus, FMI has put together a two-part series on megatrends that will impact our industry’s future.
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Getting smart about your go-to-market strategy, picking the right customers and positioning yourself to win will help your company gain profitable market share without overspending in the process.
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As prefabrication continues to evolve, building products manufacturers (BPMs) must understand how to position their firms for success. This will require adjusting their approach to effectively align with changing market dynamics. BPMs have an opportunity to separate themselves from their competition by partnering with customers to support their transitions to prefab operations.
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