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Industry Focus. Powerful Results.

Asset 21

FMI Blog

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The Challenges of Stepping Away: Succession Pitfalls Part 3

This is the third article in our 4-part series examining the topic of CEO...

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Plan for Contingencies, Execute Based on the Facts

The election was a big point of uncertainty and contention. With that behind us, many...

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Navigating a Clear Path to Successful Ownership Transfer

While there are no cookie-cutter solutions for ownership transfer, there are some viable strategies to...

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Five Ways to Get Your Compensation Systems in Order

Is it easy in your market to recruit and retain top estimators, project managers and...

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8 Ways Construction Firms Can Plan More Strategically For The Future

For many firms, financial regulators, and homeowners, the most...

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Building Your Digital DNA: Five Key Steps

Today’s new technologies allow industry professionals to link up and share project knowledge across integrated...

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10 Ways to Program Customer Loyalty into Your Work

Understanding client behavior – what makes them tick, how they make decisions, how they buy...

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Six Things You Need to Know About Public-Private Partnerships

Through in-depth interviews with more than a dozen public-private...

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Six Global Trade Strategies for Today’s Engineering and Construction...

A relatively new concept for many U.S....

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7 Ethics Best Practices for Construction Firms

Driven in part by regulatory pressure, ethics programs are gaining prominence within firms whose leadership...

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The High-Risk Business of Construction: Why Simulations Are Critical f...

Leaders in the construction industry have long...

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The Data Sprint: Construction Can Catch Up!

It’s all around us. Doctors are looking at patterns of effective care; retailers are watching...

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Is Your CEO Culturally Intelligent?

Whether they are large public businesses or small, family-owned startups, successful construction companies have...

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Must-Have Skills for Today’s Leading CEOs

When companies go looking for a new CEO, they either turn to professional search firms...

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The Four Levels of Organizational Success

Being at the top isn’t easy. CEOs don’t always have other high-level executives who they...

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5 Reasons Why Strategy Fails

Business strategy is a key determiner of how you will invest the limited amount...

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Interpreting the Future: The Value of Strategic Thinking

While you had your nose in the numbers, your competitors were coming up with new...

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Full Speed Ahead for 2016

With the Federal Reserve Board raising fund rates, fuel at historic lows, and consumer...

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FMI's NRCI Executive Summary

At 64.9 for the second quarter of 2015, the NRCI score was essentially unchanged...

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How to Capitalize on Market Information

Most successful companies in the oil and gas engineering and construction industry are constantly...

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America's Energy Transformation: Petrochemical Manufacturing's 21st Ce...

Based on exciting trends for the petrochemical...

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Adapting to the “New Normal” in Oil and Gas Construction

How the Market Will Endure Growing Regulatory, Labor and...

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Is Copy-and-Paste Compliance Enough?

An issue that is becoming an ever-increasing challenge in the oil and gas industry...

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Construction Company Ownership Exit Planning: Is Time on Your Side?

FMI all too often sees construction company owners waiting...

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HR Best Practices: Paternity Leave for the Project Manager

No one would argue the point that the construction industry has a unique culture and...

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Developing Your Personal Social Media Strategy

The Internet has given individuals the power to create their own personal brand. We now...

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Why Strategy Matters in the Oil and Gas Industry

What separates great companies that can consistently achieve high performance over a long period of...

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Six Steps to Successful Management Succession

When leadership transitions from one generation to the next, the resulting transfer of power, influence...

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Nonresidential Construction Index Dips in Q3

The great man of letters and champion of reason, Voltaire might have been talking about...

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Information Technology Drives Demand Side Management Program Improveme...

With the growing need for more electricity,...

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We Didn't See It Coming: Strategy and Scenario Planning

We all have experienced problems in the workplace where a quick decision needs to be...

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10 Key Success Strategies from the Post-2007 Construction Industry

Since the economic downturn hit the construction industry, many...

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Great Construction Operations: Bridging the Silos

Done correctly, effective business leaders know that sustainable operational excellence in construction can create a...

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Eight Strategies for Grooming Global Leaders

Globalization presents unique leadership development challenges for companies in the construction and engineering fields. Grooming...

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FMI’s Fourth Quarter Construction Outlook, 2013

With our latest forecast and Outlook for 2014, we are seeing good reports from almost...

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Nonresidential Construction Index Fourth Quarter 2013 Highlights

After hitting its highest marks in the last two...

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FMI’s 2013 Prefabrication and Modularization in Construction Survey

According to FMI’s 2013 Prefabrication and Modularization in Construction Survey, only 40% of all...

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Partnering for Profitability

Since the design and construction industry embraced the partnering concept almost 25 years ago,...

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Nonresidential Construction Index Third Quarter 2013 Highlights

The NRCI Index for Q3 of 2013 = 60.3....

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Six Keys to Customer Service

In pursuit of a winning edge in today’s hypercompetitive construction markets, contractors have trimmed...

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The 25th Annual State-of-the-Industry Report

FMI recently released The 25th Annual State-of-the-Industry Report, which covers design and construction markets for...

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FMI’s Second Quarter Construction Outlook, 2013

The improvement in residential construction is the primary area of growth in our latest forecast....

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NRCI Second Quarter 2013 Highlights

“I think I can. I think I can,” said the Little Engine that Could....

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NRCI First Quarter 2013 Highlights

The NRCI index score of 58.1 for the first quarter of 2013 matches the...

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Twelve Essential Roles for CFOs

The economy is driving all contractors toward highly sophisticated financial management to survive the...

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NRCI Fourth Quarter 2012 Highlights

Jobs, projects and project funding — that has been the focus of the construction...

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Who Really Cares About Ethics?

“The construction industry has not done a good job of regulating itself,” says FMI’s...

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The Future of the A/E/C Industry

On October 29, 2009, FMI hosted a one-day workshop in Chicago, attended by more...

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What’s Ahead for the Construction Industry?

FMI recently was honored with a surprise guest speaker at its monthly staff meeting in...

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Money Builder: Developing a World Championship Team (Statistically Spe...

In 2002 the Oakland Athletics were confronted...

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FMI’s Second Quarter NRCI, 2012

The NRCI index moved up slightly to 59.8, our highest score since its inception....

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FMI’s First Quarter Outlook, 2012

FMI’s forecast for total construction put in place for 2012 is an increase of...

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Cloud Computing – It’s Here to Stay

Every now and then, we will be having guest bloggers to contribute to our...

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How is Your Company Using Social Media?

What is social media? It is a collection of online media, such as Facebook,...

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Leading in a Global Market

The idea of globalization is not new. The world has been called anything from...

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Branding Isn’t a New Logo, Brochure or Pretty Website

Branding in construction is different. It is less about creating a brochure and collateral items,...

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Attracting People to the A/E/C Industry

Labor shortages may be hard to contemplate in today’s economy, with high unemployment rates...

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Crawling Out of the Recession

Welcome to 2011! It seems that things are finally looking up for our industry....

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