This is the final post in our series about diversification. In our first post, we talked about understanding the critical elements of diversification, the drivers behind it and why conducting a strategy audit is essential. After this initial overview, the first step is understanding if you’re even ready to begin the process of diversifying, which we explored in our second post. Before…
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The impact of tariffs on the construction and building products industry is both significant and ongoing. Some companies will benefit from pricing shifts, while others must rework their strategies to remain competitive. The only certainty is that tariffs and their influence on pricing will continue to shape the industry’s trajectory.
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Before entering new markets and segments, it’s crucial to understand where your business stands today. Auditing your current strategy is critical to evaluating your readiness and identifying areas for improvement.
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In the competitive world of construction, standing still is not an option. Growth requires evolution, and for many contractors, diversification is the strategy of choice. But that’s not without risk. Whether expanding geographically, entering new market segments or offering new services, each path comes with its own set of challenges and rewards.
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The explosive growth of data center construction in the past five years shows no signs of slowing down. One of the largest constraints for data center construction remains power supply and the rising cost of electricity.
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Learn why target value delivery (TVD) applies to collaborative delivery projects and how preconstruction teams can integrate it into their processes to meet evolving owner demands.
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Most data center experts do not see the news about DeepSeek significantly reducing capital expenditures (CapEx) for data center construction. While DeepSeek claims to improve AI efficiency, industry sentiment is that these optimizations will lead to more AI workloads rather than reduced infrastructure demand.
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The success of multi-generational and employee-owned businesses in the built environment relies on intentional ownership transition planning, with valuation as a key foundation. Tailored approaches—such as earnings, market, or asset-based methods—align with specific transition goals. Proper valuation frameworks mitigate risks, ensure affordability and support long-term continuity and success.
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When it comes to making capital outlays for equipment or for acquisitions, it is essential for construction industry leaders to evaluate how these expenditures align with their overall business strategy and prepare for potential short-term cash challenges.
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When it comes to planning, it is easy for construction leaders to focus on a few areas of their companies’ operations. Companies instead need to holistically understand the context of the business landscape in which they operate.
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