Research shows that high-functioning boards actively engage in strategy development, risk mitigation, succession planning and monitoring organizational performance. These high-level, strategic responsibilities typically play out in four or five meetings per year. With such short touch time together as a team, how do boards ensure the depth of thinking and attention to detail essential to make wise […]
Read More
This is the first article in our two-part series examining developmental relationships in the engineering and construction (E&C) industry. In this installment, we discuss the various types of developmental relationships and provide tips on how to find the perfect partnership.
Read More
Once you’ve identified your team of directors, a formal onboarding process will ensure that they provide value to the organization from the outset. Without a formal onboarding process, it can take years for new directors to add significant value to your board – representing a significant waste of both time and dollars.
Read More
The concept of shared leadership has become an innovative and sometimes controversial solution to succession planning. This is where a few leaders are selected to fill a traditionally singular role in an organization.
Read More
Whether facing tight market conditions or unbridled growth, perennially successful senior leadership teams fix their eyes on a few critical things.
Read More
It was business as normal until the end of Rocks Construction’s fall quarterly board meeting, when the CEO announced that he was retiring in 18 months. This came as a surprise because the last time the CEO’s retirement was discussed, the actual event wasn’t planned for another 3-5 years.
Read More
Many people are attracted to a career in the A/E/C industry because they love the tangible quality of building something; they love action. As the labor market continues to heat up, many organizations are searching for development tools that will rapidly move leaders to the next level, create training opportunities for eager high potentials, and gain a competitive hiring and retention tool.
Read More
This is the last article of our four-part series examining the topic of CEO succession in the engineering and construction (E&C) industry and how to overcome the obstacles associated with new executive transitions. In the last article, we discussed how to facilitate the exiting CEO’s transition. Here, we explore how to determine if and when a successor will be ready to take over the helm of the […]
Read More
This is the third article in our 4-part series examining the topic of CEO succession in the engineering and construction (E&C) industry and how to overcome the obstacles associated with new executive transitions
Read More
In this article, we revisit a familiar theme, leadership development. We recycle this basic topic for two reasons. First, there is more urgency; according to a recent FMI survey, 35% of CEOs and senior leaders in construction companies will retire in the next five years. Second, many of the next-generation leaders will be younger than normal.
Read MoreGet our latest insights delivered directly to your inbox.
