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