Partnering for Profitability: FMI’s Best Partnered Projects
Since the design and construction industry embraced the partnering concept almost 25 years ago, the partnering focus has evolved. While partnering certainly helped enhance collaboration among all...
View ArticleDiversity Pays Dividends: Creating an Inclusive Culture
The United States will look much different in 2050 than it does today. Consider this: The population of the U.S. is anticipated to rise to 438 million by 2050, up from 296 million in 2005. Nearly one...
View ArticleTeamwork Without Groupthink
The value of teamwork has been emphasized for so long that it is hardly necessary to make a case for its importance, and the basic essentials of a positively functioning team are a well-worn theme in...
View ArticleBuilding Innovation
Many construction companies operate profitably and successfully as smaller firms. These tight-knit organizations can be held together by strong leadership. They can continue to succeed as long as the...
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Teaming for Success at Fortis Construction
If we can facilitate the personal growth and professional development of our people, then we’re a success as a leadership team. And, even more importantly, our customers are going to be getting...
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Leverage Individuals to Maximize Team Performance
As you assemble your teams for projects and internal company initiatives, take the time to think of the unique traits and skills of each individual team member. It is 7:00 a.m. A project manager sits...
View ArticleThe Hidden Secret of High-Performing Leadership Teams
Teams are present in almost all organizations. In fact, more than two thirds of Fortune 500 companies rely on teams to accomplish their goals.1 Often, when leaders hear the word “team” or “teamwork,”...
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Team Conflict: Potential Dangers, Hidden Benefits
When handled effectively, conflict can lead to positive outcomes, such as enhanced self-awareness, better teamwork, a more open and tolerant environment, and greater personal growth. David rubbed his...
View ArticleTeamwork Without Groupthink
If groupthink and e-communications present dangers to be avoided, they also present a tremendous opportunity to unlock, harness and develop your firm’s intellectual capital. The value of teamwork has...
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Improving Teamwork Through Effective Compensation Design
Whereas incentive plans provide rewards for meeting specific team-based goals, performance management can also reinforce teamwork. Webster’s Dictionary defines teamwork as “work done by several...
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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Developing Adaptive Leaders: The APi Case Study
How one construction conglomerate is developing effective leaders across 40 different companies and 200 geographically dispersed locations. Leaders in the construction industry have long dealt with...
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The Icarus Leader: How High Will You Fly?
As a leader, have you gone through times where successes of the past have clouded your judgment, leading to lost profits, defeat or failure? In the construction industry, we face the delicate...
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A Blueprint for Risk Management in Construction
Nine elements that should be included in every construction firm’s formal risk management strategy Construction is all about managing risk. Whether the concern is employee safety, contract terms,...
View ArticleRaising the Concrete Curtain
The world of construction in the U.S. and Russia is more alike than you’d think. Most consulting business trips begin and end with little fanfare. From the fun associated with airport security to the...
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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...
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The Big Crew Change: How to Empower Your Next Generation of Field Leaders –...
Many of today’s construction employers lack a clear grasp of their employees’ skills and competencies. Leadership development is key to growth, profitability and long-term survival in today’s...
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Debunking Millennial Myths
Rather than focusing on outdated stereotypes, construction employers should develop workplaces where top talent across all generations can engage and thrive. Millennials1 are an 80-million strong...
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Building a Culture of Engagement: Why it Matters
“Culture eats strategy for breakfast.” — Peter Drucker, Writer, Professor and Management Consultant Being able to offer better services, technologies, strategies, products and cost structures can make...
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Why Large Contractors Fail – A Fresh Perspective
During the past few decades, there have been dozens of large contractors that, after many years of growth and apparent prosperity, experienced notable financial disasters, resulting in bankruptcy or a...
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