FMI is proud to present its latest research on vertical integration, which is a follow-up article to our previous publication, “The Consilience of Design and Construction.”
In this article, we look at some of the current trends that drive today’s convergence of design and construction disciplines, including 1) digital ubiquity, 2) a continuing squeeze for capital, and 3) a shift to systems thinking. The article also highlights two FMI case studies on Fluor and Kiewit.
In tandem to recent vertical integration trends, we are also seeing a cross-company melding of design, construction, fabrication and other related disciplines. What we have is the emergence of the master builder, reintegrated — within companies and between industry players. This shift is further breaking down silo thinking and transforming traditional industry business models.
As one interviewee put it, “I think we’re going to see much more of a return to the master builder concept where owners will be looking for somebody who can provide a good idea or solution to a problem … it’s a trend toward defining outcomes rather than trying to control inputs.”
To read this article in its entirety, please go to: https://www.fminet.com/wp-content/uploads/2016/08/BeyondVerticalIntegration.pdf