Texas: Lessons From the Lone Star State
RALEIGH, N.C. – June 8, 2017. FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of its second “FMI Quarterly” issue for 2017. The publication (co-sponsored by Zurich) comprises a collection of industry insights and lessons learned from Texas that can be applied to the broader engineering and construction industry—regardless of geographic location.
Chris Daum, FMI’s CEO, states, “Texas is driven by a pro-business attitude and entrepreneurial spirit that translate into every aspect of the engineering and construction industry. Even if your plans don’t call for relocating or doing business in the state of Texas, there are things you can learn by studying this state’s market.”
In this Quarterly edition, authors describe Texas’ business climate and reasons for success, share important lessons learned, and explore some of the key reasons why this state has maintained its prominence in the business market for decades. Example topics include: how to develop a diverse work culture; key contractor acquisition trends; strategic implications while operating across a sizable geography such as Texas; and practical compensation strategies for navigating a cyclical market. Authors also share insights around effective workforce development initiatives that are currently being implemented in the Houston market.
To access the “FMI Quarterly,” please visit www.fmiquarterly.com.
For over 60 years, FMI has been the leading management consulting and investment banking firm dedicated exclusively to engineering and construction, infrastructure and the built environment.
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Rebecca Esler, FMI