Empowering Next Generation Leaders in Construction
Empowering Next Generation Leaders in Construction by David Morton, Maxim Consulting Group Recruiting and retaining top talent in the construction industry continues to be one of the most stubborn challenges facing contractors today. The sector faces a high demand for skilled labor coupled with a notable shortage of qualified candidates. These issues are exacerbated by […]
The AI Revolution in Construction: Building with Increased Profit
The AI Revolution in Construction: Building with Increased Profit by Dan Doyon, Maxim Consulting Group THE CONTRACTOR’S COMPASS SEPTEMBER 2024 18 An Artificial Intelligence (AI) revolution is about to occur in the construction business, which […]
Peer to Peer
Peer to Peer BY MICHAEL MCLIN In the construction industry, where project success hinges on a variety of factors from financial management to safety practices, peer-group benchmarking serves as a critical tool for gaining competitive advantage and ensuring operational excellence. Benchmarking involves comparing key performance metrics with those of peers to identify areas for improvement […]
Navigating the Construction Landscape: A Comprehensive 2025 Outlook
Navigating the Construction Landscape: A Comprehensive 2025 Outlook by Dan Doyon, Maxim Consulting Group As someone deeply engaged with the construction industry, I have witnessed firsthand how this sector continuously evolves, adapting to the relentless flow of technological, regulatory, and economic changes. Looking forward to 2025, subcontractors will find themselves navigating a landscape not only […]
Rebuilding the Blueprint: Disaster Recovery Strategies
Rebuilding the Blueprint: Disaster Recovery Strategies BY DAN DOYON In the current era, digital transformation affects every industry. Within construction, disregarding IT infrastructure and disaster recovery can have detrimental consequences. By understanding the unique digital needs of construction companies — from managing complex project data to protecting sensitive client information — this article outlines a […]
Construction Finance & Accounting Trends to Watch
Construction Finance & Accounting Trends to Watch (CFMA – Building Profits May/June 2025) By Michael McLin In 2025, housing starts are expected to modestly rise, kicking off a new phase in the construction cycle. While there will still be significant economic spend in the public works segment (largely due to the Infrastructure Investment and Jobs […]
Master Your Cash Flow Lifeline: A Consultant’s Guideto Booming in Construction Contracting
Master Your Cash Flow Lifeline: A Consultant’s Guide to Booming in Construction Contracting by Dan Doyon, Maxim Consulting Group As a management consultant with many years of experience working with clients in the construction industry, I have been to job sites that smelled like fresh sheetrock and desperation. The sound of machinery could not drown […]
Is Your Procurement Strategy Ready for the Next SupplyChain Shock?
Is Your Procurement Strategy Ready for the Next Supply Chain Shock? by Doug Reitz – Maxim Consulting Group Key Questions in Procurement Procurement is more than purchasing. It is the act of building a stable path through uncertainty. The leadership mindset gets you out of the weeds and asks three questions: 1. […]
Rethinking MEP: Prefab, Pipelines, and a Better Dealfor Women in the Trades
Rethinking MEP: Prefab, Pipelines, and a Better Deal for Women in the Trades by Thomas Santos, Maxim Consulting Group Let’s face it: walk onto almost any construction site, and you won’t see many women-especially not in hands-on MEP jobs. But things don’t have to stay this way. If MEP companies put real effort into […]
Contract Risk—Four Things You Can Do to Mitigate It
Contract Risk—Four Things You Can Do to Mitigate It by Doug Reitz, Maxim Consulting Group Over the years, I have seen skilled subcontractors do outstanding work and then not get paid for it. It could be disputes that drag on for months, unforeseen delays, missed contractual deadlines or even a misunderstanding that escalated. For […]
