Construction Quarterly by FORVIS – A Contractor’s Pursuit of Operational Excellence
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Published: Aug 02, 2023
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A Contractor’s Pursuit of Operational Excellence
The construction industry finds itself in an interesting position. In many ways, construction activities are holding steady. Backlogs are strong, input prices are falling, and jobs are plentiful. But industry success appears tenuous. One small slip—like interest rate volatility, a surge in materials prices, or a project delay—can push even the most successful business into a downward spiral.
While you can’t do much to change the market, there are plenty of ways to help mitigate the market’s effect on your business.
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