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The U.S. Construction Industry: Myths, Realities, and Implications

This webcast, part of the e-Builder Executive Learning Series, was presented by Mr. Hank Harris, President and Managing Director of FMI Management, and Jonathan Antevy, co-founder and CEO of e-Builder, Inc. on April 16, 2008.

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  • Drivers behind the industry’s fragmented structure
  • Issues affecting economic performance, low technology adoption, and low productivity
  • Implications, which include the resulting inefficiencies and challenges that make the business of construction more difficult than it needs to be
  • Dynamics of the owner-contractor-AE relationships and how this fragmentation helps create thin margins for construction companies vs. industry averages 
  • Role of technology in addressing these issues
  • Common misconceptions about technology adoption and ROI
  • The most recent industry trends and obstacles, and the strategic steps that can help corporations overcome these

 Key Takeaways:

  1. Understand why America’s construction industry is highly fragmented and what that means for the industry in terms of lost productivity, low profitability
  2. Knowledge of recent trends in the industry and their causal factors.
  3. Understand the reality of the risk/reward ratio for the contracting business.
  4. Knowledge of the financial performance of firms associated with the construction industry and resultant investor views of the industry.

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About FMI

FMI is the nation's largest provider of Management Consulting and Investment Banking to the worldwide construction industry.

Founded in 1953 by Dr. Emol A. Fails, FMI delivers innovative, customized solutions to contractors; construction materials producers; manufacturers and suppliers of building materials and construction equipment; facility owners, managers, and developers; engineers and architects; surety companies; and industry trade associations.

FMI's experienced professionals provide services in the areas of strategic planning, leader and organizational development, business development, compensation planning, strategic research, mergers and acquisitions, private equity financing, project partnering and teambuilding, and management and supervisory training.

 
 

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