The Power of People: Building a Successful Geographic Expansion Strategy
Listen to Lithko Contracting CEO Rob Strobel talk about his expansion strategy in our latest podcast episode.
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Quick Reads
Learn to Make Every Job Profitable and Avoid Financial Distress
The new book from Cynthia Cechini Paul and Ken Roper outlines the core financial management insights for construction companies needed to build financial understanding and confidence to thrive in any economy.
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The Residential Market Downturn Signals Challenges for Building Products Manufacturers
As the transition in the residential market continues, firms that take the time to understand how building product selection is changing, which products are being selected and how this varies across operating geographies will be in a more favorable position in the coming year(s) to quickly adjust and evolve their product strategy to win in the market.
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Leading with Business Development in Alternative Procurement Markets
To win business through alternative procurement methods, heavy civil contractors need to differentiate themselves by building trusted client relationships.
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The Inflation Reduction Act and The CHIPS Act: Initial Key Takeaways for the Built Environment
The impact of recent legislation will shift priorities in American construction for years to come. In this article, we dive into key features and initial takeaways of both the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act and the Inflation Reduction Act (IRA).
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Leverage Scenario Planning to Drive Better Business Outcomes
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.
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Thinking Ahead: Top Five Factors Challenging Future Economic Growth
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.
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Improving Your Leadership Starts with Being Self-Aware
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.
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Thinking Ahead: Breaking Down the Details of the Infrastructure Investment and Jobs Act
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.
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Thinking Ahead: Infrastructure Bill Passes, Project Delays Aren’t Free
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.
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