Handing over an organization’s reins to the next generation and transitioning ownership are never easy processes. For optimal results, the ownership transfer and management succession (OTMS) approach starts with identifying, selecting and developing key associates; ensuring that leadership roles are occupied by skilled, engaged individuals; and then cultivating them for success in their new […]
Read MoreThe built environment offers tangible payoffs for those who do the work: world-class projects and feats of engineering. Success within the space is tied to a sense of shared ownership with employees feeling they have buy-in and a say in the decision-making process. ESOPs are a great means to an end, because there is a profound shared goal at work on both ends of the employer-employee equation: to […]
Read MoreWhile 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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There are looming challenges in the E&C industry with uncertainty over geopolitical, manufacturing, supply chain and economic dynamics and the availability of skilled labor. Unsurprisingly, risk management is top of mind, according to the 2022 AGC/FMI risk survey.
Read MoreAmerican Power provides a complete range of transmission, substation and distribution services for both energized and de-energized environments.
Read MoreFMI Capital Advisors is pleased to announce the sale of American Power, LLC (American Power) to GridTek Utility Services (GridTek), a First Reserve portfolio company and leading provider of electrical transmission and distribution maintenance, repair and upgrade services for utility and industrial customers.
Read MoreThe 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 MoreCurrently, 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 MoreCompanies 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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