Catalysts of Change: Exploring Megatrends Reshaping the E&C Industry
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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FMI Quarterly
Megatrends That Will Change How You Do Business
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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Prefabrication in Construction: Strategic Considerations for Building Products Manufacturers
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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Data Centers: Driving Innovation in Building Products
Building products manufacturers and suppliers looking to capitalize on the money pouring into the sector will need to understand these new environmental, social and economic trends to adjust products and services to address shifting client demands.
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Private Equity: Capitalizing on Supply Chain Issues in the Building Products Sector
Since niche original equipment manufacturers (OEMs) have been gaining market share, many are looking for capital to expand their operations into different product lines or geographies, creating opportunities for private equity investors to accelerate their growth.
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Artificial Intelligence for Engineering and Construction Firms
Distinguishing between the hype and reality of AI’s capabilities can be difficult, given its prominence in today’s conversations. It’s time to cut through the noise and discuss how AI is truly changing the construction industry – without invoking images of autonomous humanoid robots capable of climbing a ladder to terminate wire or anything else.
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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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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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Engineering and Construction Compensation: What Executives Need to Know
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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Don’t Risk Poor Cash Management Due to Lack of Strategy
Regardless of market conditions, having the right level of liquidity is a crucial aspect of successful risk management for contractors.
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