Changing the Game — Winning From the Outside In
Give your customers a reason to say “yes” on more than just rock-bottom prices. There is a new reality afoot with customers. Customers have enjoyed the last few years of highly-competitive pricing,...
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C&I: An Underpenetrated Market Transforming the Energy Efficiency Landscape
Capitalizing on the energy savings potential of the C&I marketplace. The commercial and industrial (C&I) market for energy efficiency services is often described as having the greatest...
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The CEO’s Role: Part 3 – Being CEO is Not for Everyone
Effective CEO development in today’s competitive construction environment. In Part 1 of this three-part series, we looked at the many characteristics and competencies shared by successful CEOs. Part 2...
View ArticleWinning the War for Talent: Developing your High Potential Leaders
How to effectively develop the next generation of leaders for your organization. The engineering and construction industry is notoriously competitive. You often hear people say, “We work harder” or “We...
View ArticleAre you Proactively Managing Your Subcontractors to Avoid Defaults?
Incorporating the subcontractor prequalification program into project life cycles and the corporate culture is critical to the successful management of subcontractors. The number of construction cranes...
View ArticleSpotting the Next Market Shift
Learning how to navigate the waves of the construction market. If real estate is all about location, location, location, then construction is all about timing, timing, timing. It is no secret that...
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The Role of Data in Competitive Strategy: A Case Study in Applied Data Analytics
How one industry player leveraged data analytics to launch a business turnaround. This is the fifth and final article in a series on data in the construction industry. The previous four articles...
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Winning the War for Talent in Construction
Jack Morrell is director of field operations for C.M. Richey, Inc., a large, open-shop electrical contracting firm operating in the private, New York metropolitan market. A large part of Morrell’s role...
View ArticleGiving Up the Wheel
Is the transportation world ready for self-driving, autonomous vehicles? The transition to fully autonomous vehicles represents the single greatest disruption to current highway and street design and...
View ArticleHello world!
Welcome to WordPress. This is your first post. Edit or delete it, then start writing! The post Hello world! appeared first on FMI Quarterly.
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Tackling the Big Data Challenge
Any investments in data and analytics must prove valuable to both the field and the office. Data is the currency of the 21st century.” If you believe this perspective, then your engineering or...
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Public Company Underperformance — How Long Will It Last?
The Engineering and Construction (E&C) industry is certainly no stranger to volatility. It is normal for the industry to outperform the market during periods of expansion and underperform the...
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Five Reasons Why Millennials Are Great for the Construction Industry
Now is the time to start incorporating a millennial-focused recruitment strategy for the workplace. 2015 represents a milestone in the U.S. labor market. For the first time, millennials (individuals...
View ArticleNavigating the Winds of Social Economic Changes
Understand the changing dynamics of social economic factors like income inequality to be proactive in shifting markets. Sailing versus boating can be likened to how companies view their markets when...
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Pricing for Profit
Exploring common challenges in overhead allocation/recovery in the construction industry. “We lost a little bit, but the job still made money.” If you are a construction business owner, and you have...
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Will the Federal Reserve’s Actions Affect the E&C Industry?
An in-depth look at how the Federal Reserve could impact the engineering and construction industry. The engineering and construction industry has always kept a close eye on interest rate fluctuations...
View ArticleBuilding the Talent Pipeline for Long-term Success
Examining the importance of solid development and succession planning to the construction industry. Talent development and succession planning are critical to the future growth of all construction...
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The Capitalization of Earnings Method for Construction Firms
Leverage the right metrics to better support and justify your company’s value. Construction firm owners are no different from any other business owner when it comes to wanting to know their business’s...
View ArticleUnderstanding the Fundamental Risks of Mergers and Acquisitions
Every industry sector is experiencing brisk merger and acquisition activity in 2015 — from pharma and food to technology and construction. Like companies across all industries, construction firms are...
View ArticleThe Talent Challenge: Winning in the New Reality
Today’s engineering and construction (E&C) industry talent challenges are not new. However, we are at a critical inflection point: Ten thousand baby boomers are retiring daily across the U.S.,...
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