One of the most important determinants of an organization’s success is the perception of its brand in the marketplace. A company’s “brand” is defined as the perception of a product, service, experience or organization. Brand in the construction industry is heavily influenced by a Contractor’s or...
This Week's Second Look
Business leaders met recently at Amegy Bank in Houston for a town hall discussion on the need for immigration reform to alleviate unprecedented labor shortages as the number of open jobs in the US remains at an all-time high. Experts on immigration policy made the case for bipartisan legislation...
The following article originally appeared in the May newsletter to clients of FMI Corporation. Reprinted with permission.There are exciting projections for the Greater Houston Area Economy. The most recent Perryman Group projections for 2040, revised slightly downward in 2017, still put...
My approach to my clients and anyone I deal with is this; I believe we have all been given a superpower, something that we are really good at that comes naturally to us, and we are here to use our superpower to help people and improve the world we live in. No superpower is better than any other....
Equipment management plays an essential role in all construction businesses, and a well-managed fleet can contribute to the success of a business. Good equipment management goes beyond just effective procurement; it is also about efficient operations, smart maintenance, and detailed, on-the-go...
As the new year gets underway, the filmmakers at The Rational Middle are digging into more aspects of immigration policy that have proven politically difficult if not impossible thus far. Case in point: DACA, or the Deferred Action for Childhood Arrivals program made possible...
Despite healthy skepticism from many in the construction industry, prevailing wage laws are one key way to attract more quality workers without significantly boosting costs on projects. That’s according to a newly released study that found those laws do not lead to increased costs for publicly...
A recent survey by Dodge Data & Analytics and Sevan Multi-site Solutions of owners who have multi-site construction and contractors who do that work reveals some vastly different positions on “critical success factors” in the construction process. The survey findings were reported in a Dodge...
If you have worked in the construction industry for any amount of time, you know that payment is not guaranteed. You also know that even if you are paid, it is often later than originally promised. This is because the construction industry runs on credit. You provide labor and materials that you...
