Quiet Quitting: The New Leadership Challenge
Many are talking about quiet quitting. Yet, quiet quitting is not laziness, but a symptom of poor management. Discover ways to motivate your people.
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FMI Quarterly
Project Delays Are Coming: Develop a Strategy Now
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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2023 M&A Outlook for Construction Services
Signs of a coming recession indicate challenges for some portions of the economy, but certain construction services segments will continue to see strong growth despite economic headwinds. This article dives into those sectors most ripe for consolidation in 2023.
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Creating a Process Playbook That Drives Operational Excellence
Operationally superior organizations are constantly evolving and adapting to changing conditions with clear goals and ways to measure progress. The easiest place to start on continuous process improvement is developing a playbook or standard set of practices. Once those have been implemented for a period of time, review and assess if they’re working.
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Closing the Gender Pay Gap: Why Women May Be the Key to Solving E&C Labor Challenges
Companies that make efforts to diversify their workforces and recruit employees from various backgrounds will be better able to compete in a continuously evolving market. As the labor shortage continues to be a problem across roles in construction, think about how you can create an environment that encourages more women to enter the field.
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Harness the Power of Your Board by Diversifying Your Directors
The concerns around building diverse and inclusive workplaces have been a part of office conversation for the past 60 years and will continue to be for the foreseeable future. Here we provide a framework for leaders to capitalize on the increasing diversity in the industry and establish diverse boards for their organizations, not only to address social imperatives, but also to achieve greater […]
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Private Equity: Finding the Value in the Built Environment
Skilled private equity investors can spot opportunities, but the complicated outlook for the economy and the construction industry, including building products, facilities services and related E&C industrial industries, means that it’s going to take deep industry knowledge to find the right prospects.
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How Leaders in the Built Environment Can Champion Diversity, Equity and Inclusion
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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Creating Operational Excellence through Improving the Field and Job Sites
For many engineering and construction (E&C) firms, the first area they turn to for improvement is the field, since it often seems to be the easiest place to work on efficiencies. Yet, operationally superior organizations know that you must implement the right practices, processes and people across the organization – including field teams.
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Trading on Excellence: The Value of Talented Field Leaders
When engineering and construction (E&C) firms think about leadership development, the focus naturally goes to C-suite and business development teams. While those managers are a critical part of a firm’s ultimate success, companies often neglect to develop on-site leaders who are ensuring projects are completed to exacting standards, on time and on budget. World-class construction firms […]
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