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Best practices get a bad rap. It seems like a lot of the conversations today are centered around “why you should move beyond best practices,” or “why best practices aren’t enough.” And there is for sure some truth to those statements. But best practices are there for a reason, and a lot of times companies either brush them aside, or are so determined to move beyond best practices that they end up getting themselves in trouble.
Your Qualities Drive Relationship Quality. Alex Headley. Mon, 08/09/2021 - 07:30. The construction industry is one of the oldest in the world. It began when humans developed the ability to reason: the cognitive ability to draw a conclusion based on the experience or use of tools or other available material. Early humans reasoned that rocks could be transformed and used as a tool, and thus built the first condominiums, then called caves.
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
9 1% of FM managers say there’s a gap between the knowledge and skills their team has and what they need to excel. #1 FM managers identify capital planning and compliance & standards as their top training priorities for themselves. #2 FM managers say their teams’ top training needs are leadership skills, strategic planning, emergency management, and communication. #3 FM staff say their top training needs are capital planning, financial management, strategic planning, and compliance & sta
9 1% of FM managers say there’s a gap between the knowledge and skills their team has and what they need to excel. #1 FM managers identify capital planning and compliance & standards as their top training priorities for themselves. #2 FM managers say their teams’ top training needs are leadership skills, strategic planning, emergency management, and communication. #3 FM staff say their top training needs are capital planning, financial management, strategic planning, and compliance & sta
Collaboration and connections: partnerships—and large infrastructure projects—are key components of York County, NE’s development strategy. The post Primed For Expansion In York County, Nebraska appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
How Soft Skills & Leadership Development can Drive Measurable Results & a High-Performing Workforce. Alex Headley. Thu, 08/12/2021 - 09:00. Equipping a construction workforce with soft skills to improve productivity is further supported by data recently released by researcher and global leadership authority, Dr. Joseph Folkman. Folkman found that manager ratings of individual contributors with top quartile hard and soft skills outperform employees with below-average soft skills or below-average
The current conditions of America’s schools are far from acceptable. (Source: 2020, GAO Report – K-12 EDUCATION School Districts Frequently Identified Multiple Building Systems Needing Updates or Replacement GAO-20-494). “In the last year, several school districts across the country have temporarily closed schools due to hazardous conditions of the school buildings that can pose health and safety risks to students, teachers, and staff.
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Montrose Environmental Group will add 90 jobs as it expands its existing facility in North Little Rock to house its growing Arkansas team. - Read: Montrose Relocating Principal Executive Offices To Arkansas at BusinessFacilities.com.
Building the Bench. Alex Headley. Thu, 08/12/2021 - 09:00. Many find the day-to-day experience of the construction industry to be uniquely challenging, rewarding, complex and, occasionally, infuriating. Witnessing interpersonal negotiations and conflict resolution efforts between trades while working to manage on-site issues helps to quickly develop an appreciation for teaching self-leadership and communication skills to every employee.
Solid cash flow management is vital to ensuring your business survives, but not everyone understands what cash flow is or how to manage it. That's likely what makes it a leading cause of stress for construction business owners. Cash flow refers to the movement of money into and out of your business. It's based on the amount of money you bring in minus the amount you spend.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Global biotech company Amgen will invest $550 million to build a manufacturing facility in Holly Springs, NC. - Read: New Amgen Manufacturing Facility To Create 355 Jobs In North Carolina at BusinessFacilities.com.
Leading for Performance. Alex Headley. Tue, 08/10/2021 - 16:00. Motivating your people is hard. Sure, you’d like to increase their productivity to protect your margins, which can be tight on some projects. But what’s in it for them? Why would they choose to work harder, if only to make your business a little more profitable?
Taco Bell Defy, an innovative new Taco Bell restaurant design that will “defy norms and define the future,” is set to break ground in Brooklyn Park, Minn., later this year. The 3,000-sf, two-story restaurant concept features a first-of-its-kind Vertical Works-licensed design with a footprint that will be smaller than or equal to existing store footprints but have the ability to serve more customers.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
TGS Cedar Port Industrial Park is the largest master-planned, rail-and-barge-served industrial park in the U.S., offering industry-leading access for distribution, manufacturing and terminal users. The post Cedar Port: Largest U.S. Industrial Park, With The Best Infrastructure appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
Zillow Predicts Price Increases Through Summer 2022. cbroderick. Fri, 08/13/2021 - 09:01. Though recent reports say there’s a cooldown happening for the housing market, Zillow predicts home prices will not start to slow until summer 2022. Zillow economists believe home values will increase 5.2% by October, reach an increase of 8.2% by December, and hit a 12.1% increase by July 2022 before prices will dip.
A nexus of growing demand for charter schools and a pandemic-driven increase in commercial vacancies is presenting adaptive reuse opportunities to developers and AEC firms. Charter schools are the fastest-growing sector of U.S. education, with California, Florida, and Texas leading the pack. One in five students in Arizona is enrolled in a charter school.
Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
The aluminum sheet, plate and extruded products manufacturer will create 200 new jobs at its Blount County, TN operations. The post Arconic Investing Over $100M In Tennessee Expansion appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
Builders Turn Away Business Amid Supply, Labor Constraints. cbroderick. Wed, 08/11/2021 - 09:48. For the first time in their company’s history, some home builders are unable to sell homes, turning away buyers. Labor shortages, record high building material prices, order backlogs, and limited lot supply are restricting builders from constructing homes.
According to Christine Williamson, a building scientist and consultant who built her career studying building failures, a single building mistake or installation error in new construction can lead to compounding problems, while a single wise decision, well executed, can lead to disproportionate benefits in building performance. (1). While building performance in multifamily construction sometimes refers to acoustic performance, other factors such as fire protection are equally important.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Highland County, Florida's ideal location makes the area primed to quickly receive, produce, and distribute goods and services regionally and globally. The post Highlands County, Florida: “The Center of Everything” appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
3 Early Signs the Housing Market Could Normalize Soon. cbroderick. Wed, 08/11/2021 - 09:55. For the first time in five months, home prices fell. It’s also the first time home prices did not break a record, and other metrics point toward normalization for the housing market. For the four weeks ending August 1, existing home prices dropped by 0.2%, according to data from Redfin.
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