FMI Corporation

FMI Corporation For more than 65 years, FMI has been a leading management consulting and investment banking firm ded

The Q2 2026 CIRT data tells a nuanced story about where the built environment stands right now: sentiment and confidence...
06/23/2026

The Q2 2026 CIRT data tells a nuanced story about where the built environment stands right now: sentiment and confidence down, backlog and costs up, the leadership gap widening.

Here are the numbers you need to know:

• CIRT Sentiment Index: 63.5 (down from 66.1 in Q1), with the Design Index falling to 69.6 from 72.0
• Confidence in the U.S. economy dropped sharply, to 39.8 from 53.3, but confidence in members' own construction business rose to 75.5 from 69.2
• The Backlog Index strengthened to 75.5 (up from 68.2), with 59% of members expecting backlogs to grow next quarter
• Material costs spiked: the Cost of Materials Index jumped to 94.9 from 73.3, with 90% expecting spending to rise
• On talent: only 35% of firms say their top emerging leaders are ready now or close to ready, while 65% place them two or more years away

The full Q2 CIRT report breaks down segment performance, leadership bench strength, and what's keeping AEC executives up at night.

Get the complete data: https://hubs.ly/Q04mlbz10

Ownership transition forces decisions that go well beyond who buys shares and when.The firms that navigate it well under...
06/18/2026

Ownership transition forces decisions that go well beyond who buys shares and when.

The firms that navigate it well understand that compensation and succession planning aren't separate conversations. Who gets invited into ownership, who doesn't, and how you keep key people invested in the business they're helping build all depend on getting the compensation strategy right.

FMI's latest article breaks down how E&C firms can use compensation to retain key people, prepare future owners and reinforce the behaviors the business needs during transition.

Read the full article: https://hubs.ly/Q04lZ4mt0

06/17/2026

Revenue growth doesn't start with projects. It starts with reputation.

FMI's Julie Witecki makes the case that the best firms don't chase opportunities, they create pull. When leadership, marketing and BD are aligned around building trust, momentum compounds. When they're not, growth stalls regardless of effort.

In this FMI Minute, Julie breaks down the reputation flywheel and how to stop chasing demand and start engineering it.

What if the problem isn't talent?Our latest Talent Strategy article is titled, “Why Your Talent Leader is Failing,” but ...
06/16/2026

What if the problem isn't talent?

Our latest Talent Strategy article is titled, “Why Your Talent Leader is Failing,” but we could have just as easily called it, “Why Your Firm is Failing Your Talent Leader.”

Most talent leaders in AEC aren't failing because of who they are. They're failing because of what they inherited.

Unclear priorities. No seat at the table. A talent infrastructure that hasn't kept pace with the firm's growth.

Replacing the person without fixing the conditions rarely works. This piece explains why — and what firms and talent leaders can do differently.

Inside, you’ll find an assessment, failure conditions, success factors, and a practical roadmap for executives and talent leaders to work together to get back on track.

Get your copy: https://hubs.ly/Q04lxhJ00

Most construction firms talk about growth. Few talk honestly about what it costs to scale without losing what made you w...
06/09/2026

Most construction firms talk about growth. Few talk honestly about what it costs to scale without losing what made you worth scaling in the first place.

In the latest episode of FMI's Built-In Podcast, FMI Consulting President Scott Winstead sits down with Tony Bond, President and CEO of BOND, a fifth-generation family business that has grown from its Boston-area roots into one of the Northeast's leading construction and utility infrastructure firms over more than 120 years.

Tony shares how BOND has navigated significant growth while staying true to the culture and values that define the company, and what disciplined strategy actually looks like when you're playing a long game.

🎧 Listen at https://bit.ly/3POrNqk or wherever you get your podcasts.

The most expensive piece of equipment in your yard probably isn't the one that broke down. It's the one nobody is workin...
06/08/2026

The most expensive piece of equipment in your yard probably isn't the one that broke down. It's the one nobody is working on.

In this article for Fleet Maintenance, FMI's Mike Clancy explores why idle assets are a financial problem masquerading as an operational one — and why the metric most fleet managers are evaluated on is the wrong one entirely.

Uptime, lifecycle cost, and utilization thresholds: the three numbers that separate fleet organizations that manage by exception from those that manage by design.

Read the article: https://bit.ly/4vxMbuG

Employee ownership has quietly become one of the most effective workforce strategies in construction — and one of the le...
05/21/2026

Employee ownership has quietly become one of the most effective workforce strategies in construction — and one of the least utilized.

A new piece in Construction Executive breaks down why ESOPs produce a retention effect that goes beyond compensation: workers aged 28–34 at employee-owned firms stay 53% longer than peers at traditional companies, and the tenure gap only widens over time.

Ownership has also become a recruiting signal. Job seekers can now filter specifically for employee-owned companies on platforms like Indeed, and younger workers are actively using it.

The firms that recognize this early aren't just retaining people longer. They're attracting a different kind of candidate from the start.

Read the article: https://bit.ly/3RU8cW3

Cameron Weinberg went into FMI's Project Manager Academy ready to learn. What he didn't expect was how much the week wou...
05/20/2026

Cameron Weinberg went into FMI's Project Manager Academy ready to learn. What he didn't expect was how much the week would give him.

A project manager at Overaa Construction, Cameron came back with a new approach to delegation, a working Eisenhower Matrix tool he's now introducing to his team, and a clearer sense of his own strengths and where he's headed as a leader.

Read his full story: https://bit.ly/4upnUag

Invest in your project managers this summer ☀️At FMI's Project Manager Academy, PMs and operations leaders develop the b...
05/14/2026

Invest in your project managers this summer ☀️

At FMI's Project Manager Academy, PMs and operations leaders develop the business acumen to connect project performance to profitability, master project financials and strengthen firm reputation.

95% of attendees say the tools they learned are useful in their current role.

Seats are limited; register today to secure your spot:
https://bit.ly/49j4DyT

Most construction companies talk about field-first culture. Feyen Zylstra built their entire operating philosophy around...
05/12/2026

Most construction companies talk about field-first culture. Feyen Zylstra built their entire operating philosophy around it.

In the latest episode of FMI's Built-In Podcast, Scott Winstead sits down with Nate Koetje, CEO of the 600-person commercial and industrial electrical contractor, to unpack what it actually takes to build a disciplined, field-first organization at scale—without a master plan, and without a single acquisition.

They cover the four phases every construction CEO lives through, why "the process is the goal" became Feyen Zylstra's north star, and what Nate looks for in leaders who can handle adversity.

🎧 Listen here: https://bit.ly/4d4KZc2

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