Monthly Archives: April 2013
Posted on April 17, 2013 by FMI CorporationAssess Your Leadership Pipeline By Kelley Chisholm Succession planning is a continuous and systematic process that should be tied to the organization’s strategic plan. In other words, the details of a succession plan are determined by what the company wants to be in the future. Succession planning includes identifying, assessing and developing talent to ensure leadership continuity. It must allow for unforeseen and constantly changing business needs and reflect the way the company wants to grow in the future by aligning with strategic objectives and goals. Careful succession planning now can make the difference in retaining key talent and ensuring your firm’s ongoing profitability and success.
Posted on April 9, 2013 by FMI CorporationFMI’s First Quarter Construction Outlook, 2013 By Randy Giggard Although the strength of individual markets is shifting, the forecast for total construction put in place for 2013 continues to show an increase of 8% over 2012 levels, according to FMI’s First Quarter Construction Outlook, 2013. The $918,897 million estimate is a solid improvement, but FMI does not expect to return to the days of annual construction above the trillion-dollar mark until 2015. The star of the show is residential buildings, with a 23% rise in single-family buildings. While much of business sector is still in a wait-and-see mode, some industries are breaking the mold and planning for growth. Commercial, lodging and office construction are starting to pick up the pace. The rich shale regions of the country are seeing a lot of construction activity. With oil and gas exploration booming, these regions are in need of housing as well as the construction of roads, rail and pipelines to move the product from the fields to refining and distribution sites. In addition, the potential for greater energy independence and lower energy prices is helping to make the U.S. more competitive in the global market and enticing more manufacturing to relocate in the U.S.