When faced with the succession challenge, many owners in the E&C industry don’t know where to begin. According to FMI’s 2017 OTMS Survey, “only 59% of respondents were confident in their successors’ ability to lead the business in the future.” Many next-generation leaders aren’t prepared to lead their business, and for baby boomers who have delayed their transition planning, the options are dwindling due to the amount of time needed for effective ownership and leadership transition. Now more than ever, companies need to raise the bar when it comes to developing and investing in leaders across the organization.

During this webinar, we:

• Explored strategies for owners to successfully transition ownership while growing their companies
• Discussed the realities involved with selling your business and the preparation required to do it successfully
• Reviewed survey results and key findings from FMI’s 2017 OTMS Survey

Corporate America (as well as multiple research studies) widely acknowledge that there is a high correlation between the quality of corporate governance and long-term business success. In that vein, FMI recently completed a study to assess the corporate governance of Construction Industry Round Table (CIRT) firms to identify common factors that appear to either directly or indirectly support higher levels of business performance. During this webinar, we will discuss the four major findings from the study and the implications to the E&C industry. We will also run participants through a short “assessment” to gain insight on their board’s current effectiveness followed by tips on where they can start moving their board towards a true peak-performing board that’s a strategic asset to the organization.

During this webinar, we:

• Learned about the current state of corporate governance in the Engineering & Construction industry
• Explored what factors drive peak board performance
• Explored how participants’ boards measure up to best in class performance

Transitions are never easy, but none are harder than leaving a leadership position of influence, status and reward. Retirement, or even the thought of it, often deeply affects a person’s sense of purpose, identity, and sphere of relationships. Thoughtful leaders will give as much attention to their personal transition as they do to the organizational transition. This webinar guided participants in self-examination to prepare for a successful transition down the road.

Much is made of the potential for automation of the construction industry to deliver improvements to projects and operations. Meanwhile, labor productivity remains a concern for many in the industry, and which is compounded by the challenge of labor shortages. How then can automation and improvements in construction management workflow deliver tangible improvements to labor productivity and reduce the impact of a nationwide labor shortage?

This webinar looked at recent emerging trends in the field of automation, field digitization, the widespread adoption of construction field applications and overall successes in operational excellence through the lens of construction labor productivity. It assessed where improved process and technologies offer solutions to lingering labor productivity challenges, and where contractors that are looking to improve operating conditions on job sites should focus. It also reviewed some key success factors that have been observed across recent technology deployments as enabling solutions.