Monthly Archives: October 2014
Posted on October 28, 2014 by FMI CorporationFMI all too often sees owners waiting until the last minute to formulate and implement an exit strategy. This usually results in limited exit options and an increased probability of failure. However, with proper planning and timing, an owner can realize the full value of his/her business.
Posted on October 24, 2014 by FMI CorporationNo one would argue the point that the construction industry has a unique culture and a rich history steeped in predictable practices based on how it’s ”always been done.” As the business side of the industry is being forced to deal with fluctuating economics and a workforce with a different face, we still talk about certain practices and expectations as if they are written on stone tablets and part of an immovable and unspoken set of laws.
This post was tagged with Software Advice estimating software survey results, Human Resources, oil and gas, oil and gas market strategy, Compliance
Posted on October 16, 2014 by FMI CorporationThe Internet has given individuals the power to create their own personal brand. We now have the opportunity to create a virtual version of “you” – where your work, your interests, and your personal life become your brand that can grow through social media. Social media strategies no longer speak solely to businesses; they speak to the individual as well.
Posted on October 6, 2014 by FMI CorporationWhat separates great companies that can consistently achieve high performance over a long period of time from those that rise and fall year to year? One thing is the depth of thinking company leaders put into planning for the future of their company. Your company’s strategy is the collection of decisions you make about how you will achieve your vision for the company over the long term. It includes answers to a few very basic questions. Among them are where the company will compete (geography, business segments, client types, etc.) and how you will compete (services, scopes, differentiators, etc.). If you can gain clarity on these two questions and use them as guidelines in all of your other business decisions, you will be able to consistently outperform your peers.