Chapter Corner

Insights Magazine: Features

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The Paradox of Managing Large Jobs

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FABRICATION: The Productivity Advantage

Building on the jobsite has always had productivity challenges. Clash, material mismanagement, adverse weather conditions, injuries, wasted motion, and many other factors lead to inefficiencies that cost you time and money. And as a result, generally speaking, less than 50 percent of time on the jobsite is productive. That means less than half your employees’ time is spent contributing to a job’s profit margin.

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Powering Tool Safety

In recent years, the total number and rate of work-related Musculoskeletal Disorders (MSD) or ergonomic injuries in construction have increased significantly.1 With an increase of 12%, this data highlights the need for both employers and employees to focus more of their attention to ergonomic safety. According to the Center for Construction Research and Training, there is a 19% employment increase for electricians projected through 2024. Why is this significant? It equals more than 81,000 new opportunities to improve safety right at the beginning of these apprentices’ careers.

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How to Protect Your Assets

One of the keys to learning how to protect your business and personal assets from lawsuits is to understand how lawsuits work. The proceedings of a lawsuit can be broken into six simple steps.

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Why "Prevailing Wages" Exist & How to Take Advantage of Them

The year was 1927. Charles Lindbergh flew the Spirit of St. Louis across the Atlantic and Henry Ford, following the success of the Model T, released the mass production Model A with over 400,000 sold in the first two weeks. The United States, flush with cash from the economic boom nicknamed the ‘Roaring Twenties,’ was completing federal projects such as the Holland Tunnel under the Hudson River, which connected New York and New Jersey, and starting new projects such as the Mount Rushmore federal monument. There were smaller developments too, such as the construction of a veterans’ hospital in Rep. Robert L. Bacon’s Long Island district.

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Cash Is Everyone's Business

A construction CPA recently told me about a contractor with a rock-star income statement. Every job was profitable, and it was propelling them into bigger and bigger projects as the business continued growing – until they folded. Why? They ran out of cash. Like too many construction companies, they didn’t have a profit problem; they didn’t have a spending problem; but they did have a cash flow problem. And more than likely, they could have prevented it.

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3 BIG Secrets Leaders Keep

Looking in the mirror at the end of the day can be a painful endeavor for leaders. It’s that raw moment when they drop the “fake it till you make it” smile. They let their anxiety seep through their pores and wonder out loud just exactly how much stress, frustration, life lessons, and wrinkles they will physically endure before they hit their target numbers or shake hands with their next investor.

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The Energy Revolution: New Technology for a New World

Our world is rapidly changing. Deployment of more renewable energy across the globe is reinventing the way we produce and transmit power and, as a result, making our cities smarter. The incredible proliferation of information technology is permeating all types of equipment and applications. The confluence of these megatrends is creating the new energy Internet around us.

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Protecting Capital Assets in the Electrification Era

The new era of electrification is introducing an entire suite of electronic products, sensors, and connected devices that are susceptible to damage from electrical surges, also called transients: electric vehicles are replacing internal combustion engines; space and water heating in buildings can be converted to heat pumps or electric resistance heating; indoor agriculture may boost demand for lighting and HVAC equipment, which may necessitate grid upgrades; and industrial heating and automation can both increase electricity demand.

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Upgrading Safety Through Technology

With new advancements in technology happening every single day, our lives are being shaped by new apps and devices that we never knew we needed until we used them once and asked, “How on earth did I live without this?” Technology and culture is evolving so fast that it has become difficult to try and wrap our heads around the speed of change that we are experiencing every day.

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First Prev Page of 21 Last Show per page, 204 total