FMI Built-In Podcast

In this episode of the FMI Built-In podcast, host Scott Winstead, President of FMI Consulting, sits down with Bob Murray, former President of BOND Brothers, Inc. Bob delves into the challenges and triumphs of leading a growing construction firm, touching on topics like talent development, maintaining core values, and navigating strategic shifts. Tune in for the full episode on June 11. Don't forge...

In this episode of the FMI Built-In podcast, Bob Uhler joins FMI Consulting President Scott Winstead for an insightful conversation on leadership in the C-suite. We talk about the evolving role of a CEO, the difference between a visionary CEO and a maintenance CEO, and how to be agile in evolving markets and sectors. Bob is an accomplished leadership consultant and the former CEO and chairman of M...

In this episode of the FMI Built-In podcast, Bob Uhler joins FMI Consulting President Scott Winstead for an insightful conversation on leadership. Bob is regarded as a visionary strategist and accomplished leader. His experience includes: Starting his own strategy and marketing advisory firm, The Uhler Group, LLC. Leading the transformation of the MWH Global, Inc. business platform from 1 country...

Private equity investment across the engineering and construction industry has vastly increased in recent years. In this episode, Consulting President Scott Winstead talks to Paul Giovannoni and Jayson Post about how private equity is reshaping the built environment and how FMI is working with investors. Giovannoni's consulting practice mainly focuses on buy-side market studies and due diligence,...

In this episode, FMI Consulting President Scott Winstead speaks with FMI Capital Advisors Vice President Jayson Post and FMI Consulting Partner Paul Giovannoni . They talk about the trends underpinning activity as well as considerations around overall strategy for potential sellers. Tune in next week on FMI's website or your favorite streaming platform. Like or subscribe to stay up to date on the...

In this special episode for Women in Construction Week 2024, FMI Consulting President Scott Winstead and Mary Teichert discuss how to identify and demolish barriers to attract more women to the construction industry. They also talk about company values and ways leaders can support women to create a sense of belonging in the workplace. Mary boasts an impressive resume including graduating from Harv...

In this special episode for Women in Construction Week 2024, FMI Consulting President Scott Winstead and Mary Teichert discuss how to identify and demolish barriers to attract more women to the construction industry. They also talk about company values and ways leaders can support women to create a sense of belonging in the workplace. Mary boasts an impressive resume including graduating from Harv...

Understanding the regions and sectors where you operate is imperative in today's built environment. FMI Partner Jay Bowman joins FMI Consulting President Scott Winstead to talk about our recently released 2024 North American Engineering and Construction Industry Overview . Their conversation includes can’t-miss insights into what’s expected to drive the market over the next 12-24 months.

Understanding the regions and sectors where you operate is imperative in today's built environment. FMI Partner Jay Bowman joins FMI Consulting President Scott Winstead to talk about our recently released 2024 North American Engineering and Construction Industry Overview . Their conversation includes can’t-miss insights into what’s expected to drive the market over the next 12-24 months. Tune into...

Welcome back to our second season of the FMI Built-In Podcast. We're kicking off the year with a deep dive into consolidations and merger strategy with FMI Capital Advisors Managing Director Alex Miller . He joins FMI Consulting President Scott Winstead to talk about themes driving mergers and acquisitions (M&A) activity in the engineering and construction market in 2024. We'll look at what ar...

In our final episode of the season, we talk with Mark Hourigan about creating a long-term vision for his firm and how to articulate that to clients and others in the market. Hourigan is an award-winning, fully integrated construction firm that has been recognized as a great place to work by Fortune magazine and others. His insights on how to thoughtfully manage the firm to create an enduring busin...

FMI Partner Priya Kapila joins Consulting President Scott Winstead on this episode of our Built-In podcast to talk about trends in pay and benefits. We all know that compensation is a critical part of retention and in the episode we'll dive into best practices and how to maximize the return on your compensation investment.

FMI Partner Priya Kapila joins Consulting President Scott Winstead on the next episode of our Built-In podcast to talk about trends in pay and benefits. Don't miss her industry-specific insights when this episode comes out November 14.

Labor productivity is the central driver of profitability for labor-intensive, self-performing contractors. FMI research suggests that contractors lost approximately $30 billion to $40 billion to labor inefficiencies in 2022. These labor productivity deficits translate to significant project and enterprise margin erosion industrywide. In this episode of Built-In, FMI Consulting President Scott Win...

FMI's ground-breaking research on why large contractors fail continues to be one of the most popular articles we've published. In this episode of Built-In, FMI Consulting President Scott Winstead interviews Hugh Rice, former chairman at FMI, about the initial findings and how they continue to be relevant today.

When you think about developing a culture in the construction industry, many mention DPR Construction as an industry leader and a company with a strong culture. Through the ups and downs of the pandemic and exceptional growth, DPR continues to focus on their people and what drives their overall success. In this bonus episode of Built-In, a member of DPR's Leadership Team, Mike Humphrey, talks with...

Knowing when and how to exit your business can be one of the biggest decisions you’ll make as an owner. In part 2 of our exit strategies conversation, FMI Consulting President Scott Winstead talks with three FMI Capital Advisors experts on valuation and what drives it, how to get started with an exit strategy and what to expect in the first 100 days of the process. We’ll chat with Managing Directo...

Knowing when and how to exit your business can be one of the biggest decisions you’ll make as an owner. Listen as FMI Consulting President Scott Winstead talks with three FMI Capital Advisors experts on the various options for exiting a business in the built environment. We’ll chat with Managing Directors Alex Miller, Matt Godwin and Nathan Perkins about the pros and cons of selling to a third par...

The 2023 FMI Talent Study didn't so much as reveal a talent issue, but highlighted how big the talent cliff is these days. In this episode of Built-In, we talk with Denise Gettman, a partner in FMI's leadership and organizational development practice, about the urgency many companies are feeling to fill the gaps in their organizations. More people are retiring and younger workers are leaving the i...

APi Group CEO Russ Becker sits at the helm of a publicly traded $6.5 billion company built through more than 90 acquisitions. In this episode of Built-In, Becker talks with FMI Consulting President Scott Winstead about how he focuses on the culture, values and fit of potential acquisitions from the beginning of the diligence process to ensure success. They also talk about the process of taking the...

In this bonus episode of Built-In, Senior Consultant Tracey Smith talks with Randy Leopold, Associate Vice Chancellor, Capital Program Management at the University of California San Diego, about leadership and building collaborative partnerships. He discusses the complexity of managing billions of dollars of projects across diverse stakeholders and how creating a shared vision for the building hel...

Our third episode of Built-In delves into what it takes to create a successful branch expansion strategy and how to build teams that thrive. Lithko Contracting CEO Rob Strobel talks with us about his perspective on leadership, creating processes that set teams up to excel and how to think about approaching geographic expansion.

The key to any successful transition of management is to plan, something that can take years. You need to engage the right people, who will be the next generation of leadership, early in the process and look for those who think strategically. In the second episode of Built-In, FMI Consulting President Scott Winstead talks with Frank L. Blum Construction 's current CEO and majority shareholder, Mik...

In our next episode, we talk to Drew Hancock and Mike Lancaster of Frank L. Blum Construction. They discuss their experience with ownership transfer and management succession, offering tips on how to put people first and create a smooth transition. Tune into FMI's website or your favorite streaming platform on March 21 to listen to the conversation.

We kick off our Built-In Podcast with FMI Partner Jay Bowman and Consulting President Scott Winstead discussing our 2023 forecast and economic assessment of the U.S. and Canadian engineering and construction markets. We'll chat about several sectors of the built environment as well as the opportunities and challenges for the year. Discover how you can integrate this data into your business strateg...