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    FMI Quarterly
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Asset 21

FMI Quarterly

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Shared Leadership: A Philosophy, Not a Leadership Structure

Interview spotlight with the leaders of DPR, Fortis and Syska Hennessy. Memorable Quotes from...

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Know What Your Employees Are Worth

Tight labor markets demand accurate and timely compensation practices. Understanding your employees’ true market...

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Megaprojects: Five Leadership Success Ingredients

How owners and project stakeholders are changing the way they work together to deliver successful...

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The Executive Handoff: New Insights on Leadership Succession

Three best practices that will increase the odds of...

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The Power of Corporate Governance (Part 1 of 2)

How companies can fully leverage their boards of directors and other leadership groups to achieve...

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Building Resilience for a New Era of Extreme Weather Events

Increasingly severe weather creates unprecedented challenges for the built environment. Resilience is more important...

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Today’s Technology Catalysts in the Built Environment

The E&C industry plays a key role in identifying technology and bringing it to end...

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Technology and Risk Mitigation in the Built Environment

Once you know what you want and need from your technology solutions, you can begin...

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Building a Capable Technology Stack

With the universal growth of platforms powering business functions, the importance of a technology...

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Artificial Intelligence: Possibilities for Engineering and Constructio...

Four ways artificial intelligence can transform an...

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Picking the Right Technology for Your E&C Firm

How to get everyone onboard with successful technology implementations that benefit your entire organization—from the...

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Is Your Company Ready for the Beta User Experience?

Being a beta customer is not an easy decision and shouldn’t be taken lightly. Here’s...

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Amazon Business Shakes Up Building Product Manufacturers

As Amazon Business continues to make headway in the building products distribution industry, we’re beginning...

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What Happens to Construction Tech During an Economic Downturn?

Here’s how past recessions have influenced the technology industry...

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Message From the CEO

Welcome to the first 2019 edition of the “FMI Quarterly.” Coming off several years...

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Creating a Dynamic Strategy Through Business Analytics

Using business analytics to create a data-driven culture that helps E&C companies fine-tune their business...

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10 Ways to Build Resilience and Turn Adversity Into Opportunity

Recessions can create opportunities for construction companies to weather...

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The Multifamily Boom: How Much Longer Can It Go On?

Because the time to fix a leaking roof is when the sun is shining, multifamily...

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How to Leverage Your Board Ahead of Turbulent Times

The best boards are helping companies devise good plans of action for the future. Is...

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How to Focus on Performance in Any Market Conditions

Position your business for long-term success by fine-tuning your company’s operations, risk management, people and...

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What’s Your Strategy When Times Get Tough?

How to get the most out of your business strategy—even when the future is unclear....

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Design-Build: Knowing What Your Clients Want

Now is the time to select strategic partners and understand what your clients really want...

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The Rise of In-House Design

The pros and cons of bringing the project design function in-house. Memorable Quotes from...

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Leading as Partners: An Innovative Succession Trend

How E&C firms are using shared leadership strategies to transfer their businesses to the next...

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Teams at the Top: Tackling the Innovation Challenge

How to develop an engineering and construction organization that values, cultivates and fully leverages innovation...

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Untapped Potential: Closing the Training Gap for Corporate Boards

E&C companies largely fail to invest in ongoing education...

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Three Lines of Defense: Holding Leadership Accountable for Managing Ri...

Fully embracing the “Three Lines of Defense”...

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How to Drive Productivity Through Lasting Field Leadership Development

Success in business today comes down to...

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Five Critical Pitfalls to Avoid When Developing Your High Potentials

How to get the most value out of your...

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In the Path of a Natural Disaster: Lessons Learned for Construction Wo...

Hurricanes and wildfires in North America have...

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A Case for the “Last 10%” Being the Hardest 30%

The phase between substantial completion and final acceptance can be one of the hardest bridges...

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Leveraging Canada’s Active P3 Market

A viable means to repair and upgrade infrastructure, particularly in a strained economy where...

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JV Driver: Building a Strong Leadership Legacy Through Tough Times

Here’s why organizations that invest in their future leaders...

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It’s a New Day, Canada

Technology connects us, informs us, entertains us and changes the way we think, but...

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Leadership Fundamentals for Any Market Conditions

A look at how strategic, deliberate talent development can make a significant difference in an...

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Managing Risk in the Face of Industry Disruption

How smart E&C companies must get ahead of disruption by finding ways to adapt and...

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Technology and Operational Excellence: Catalyst or Obstacle?

How to select a technology solution that aligns with...

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The Solar Operations and Maintenance Opportunity: Now and Beyond

How the rise of solar photovoltaics (PV) is creating...

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Addressing the Workforce Gaps and Related Risks for the E&C Industry

Assessing the role of emerging technologies in easing workforce...

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Eight Factors That Will Increase Your Board’s Innovative Aptitude

A highly effective board can help drive innovation and...

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Five Steps to an Innovative Compensation Strategy

How to develop a pay philosophy to guide your compensation strategy.   Merit increases for...

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Moving from Offsite Construction to Smarter Project Execution

It’s time to rethink offsite construction and align it...

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Using Subcontractor Prequalification to Help Mitigate Risk and Increas...

The rebounding construction market demands even greater...

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Four Steps to a Winning Divestment Strategy

In a business environment where 83% of E&C firms are interested in acquisitions, it pays...

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Third-Party Sale or Internal Buyout? How to Make the Best Choice for ...

Key considerations that come into play when...

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Navigating a Clear Path to Successful Ownership and Management Transit...

While there are no cookie-cutter solutions for...

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The Big Transition: Ownership Transfer and Management Succession

Much has been written about the aging baby-boom segment...

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From Fearless to Feeless: The Changing Value Proposition in the Constr...

Why some construction managers may decide to...

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Prefabrication: The Changing Face of Engineering and Construction

For decades, industry stakeholders have lamented the inefficiencies and...

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Innovation and Transformation: Paving the Way to Tomorrow

Advances in technology and innovation in the engineering and construction industry have been historically slow...

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Organizational Agility: Creating Enduring Results by Overcoming the Cy...

Five critical factors driving agility in today’s...

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Using Fleet Technology to Reduce Accidents and Liabilities in Construc...

With the construction industry growing at a...

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Leading in Uncertain Times: Adapt to Win

This edition of the “Quarterly” focuses on helping leaders and organizations understand what it takes...

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Keep Score to Reduce Risk

How to improve risk management by creating a corporate culture that’s focused on knowledge...

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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...

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Managing and Mitigating Subcontractor Default Risks

Surety bonding can serve as an effective tool to help protect general contractors from the...

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The Risk of Wage Rises in Construction: Three Key Trends

Operating a tightening labor market, engineering and construction firms need to pay close attention to...

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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...

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Engineering, Construction and Risk: Improving Your Odds of Success

Engineering and construction firms are dynamic and inherently risky...

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The Big Crew Change: How to Empower Your Next Generation of Field Lead...

Many of today’s construction employers lack a...

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Opioid Abuse: The Undetected Risk in Your Organization

Painkiller medications — also known as opioids — can be effective in managing a worker’s...

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Are you Proactively Managing Your Subcontractors to Avoid Defaults?

Incorporating the subcontractor prequalification program into project life cycles...

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The Role of Data in Competitive Strategy: A Case Study in Applied Data...

How one industry player leveraged data analytics...

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Data-Driven Estimating

Create a fact-based filter for project selection and a data-driven mark-up policy that maximizes...

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