While there is much uncertainty on where the engineering and construction industry is heading, there are proactive steps leaders can take for potential business outcomes. In our latest article, we discuss strategic scenario planning tips businesses can leverage to yield healthier results.
Read More
The current state of the U.S. economy is presenting a murky outlook for engineering and construction firms. In this article, our team talks about some of the top metrics they're watching for indications that things will improve or the economy will decline.
Read More
Currently, commercial and industrial (C&I) projects only account for 7% of projects for energy service companies. However, much of the carbon footprint can be reduced by C&I projects, and two-thirds of buildings will require upgrades since they’ll be standing in 2040. The key for commercial operators will be finding the right funding model. Read more to discover what’s available.
Read More
There is a clear link between companies with stronger financial rates of return and leaders with higher levels of self-awareness. Focus on developing your self-awareness and watch how it challenges and raises all the leaders around you.
Read More
Making a strategic financial investment in the development of your employees will generate a financial return, maximize the use of employee time and increase productivity.
Read More
By identifying high-potential team members and developing them to take on their next roles, companies can build a consistent culture of leadership and sustain that through the succession process. These development efforts, paired with open dialogue early in the succession process, ensure E&C firms realize the benefits of quality succession planning.
Read More
The Infrastructure Investment and Jobs Act (IIJA) is expected to fund $1.2 trillion dollars in engineering and construction activity over the next eight years. While exciting, companies will see opportunities as well as challenges when it comes to putting the money to work. Here we look at some of the details of the funding.
Read More
We’re seeing lackluster, albeit mixed, nonresidential building construction spending growth in 2021 while prices are climbing at a breakneck pace. Implications suggest a steep decline in real construction activity, likely masked by higher-priced contracts. However, unemployment is low and companies are seemingly in a frenzy to hire, creating some confusion about where the industry will be in the […]
Read More
The topic of conversation across many industries continues to revolve around employees and how to retain your workers. For many companies, the initial reaction is to raise pay, something that employees are also requesting as the competition for labor remains high, inflation hits 6% and heath care costs continue to soar. Given these pressures many firms, especially those in highly competitive or […]
Read More
With inflation hitting a 30-year high in October, a 6.2% annual increase, concerns about the rising costs of materials, labor, consumer goods and other inputs are quickly becoming top of mind for most executives.
Read MoreGet our latest insights delivered directly to your inbox.
