As the economy becomes more uncertain, engineering and construction firms are beginning to see more project delays and cancellations. It's not enough to have a strategy in this environment. You need to execute, integrate and constantly reassess your plans to optimize your market position. Learn how you can get ahead of the current environment.
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The future of the industry will depend on expanding opportunities for all people, something that the most successful companies are already paying attention to across their organizations. To help understand this, we interviewed Rev. Larry S. Bullock, CEO of USMCA.
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Companies need to pay attention to broader economic trends and other data issues when determining pay in today’s highly competitive environment.
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Regardless of market conditions, having the right level of liquidity is a crucial aspect of successful risk management for contractors.
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Being selective about what projects you take is becoming a business imperative in today’s market. Engineering and construction firms need to have superior execution that aligns with clear strategies to increase their competitive advantages.
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Carbon accounting isn’t required on all projects yet, but there are major incentives for early adopters.
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Here are four key trends that are shaping the built environment and helping engineering and construction firms reposition and prepare for a post-COVID expansion.
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Technology has become a critical capability in construction operations, and as we look to get more out of that investment, we have to tackle issues and opportunities by considering all aspects of innovation, including people, process and information.
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It’s time to embrace what matters and ignore what doesn’t. As we move into the second quarter of 2021, there’s reason to be cautiously optimistic about what lies ahead.
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This isn’t the time to ignore the operating environment and hope everything gets better soon. Instead, start strategizing now for the future.
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