Leadership

Resources

Best Practices for Field Leader Succession

White Paper | Published 12.08.2020

Best Practices for Field Leader Succession

FMI, a construction industry consulting firm, expects that 20% of current field managers will turnover by 2022 (FMI, 2017).  This surpasses the expected level of turnover of all other positions in the construction industry. Field Leader Succession is the process of developing and transitioning new leaders so they can replace their predecessors at the foreman, general foreman, …

An Executive Exit: Succession Strategies

White Paper | Published 07.15.2019

White Paper: An Executive Exit – A Closer Look at the Factors That Drive Successful Executive Transitions

The engineering and construction industry is facing an extraordinary number of executive departures. 50% of executive leaders in this industry are transitioning out in the next 10 years. And executives in many SMACNA member firms are part of this universe. With so much transition expected, the Foundation commissioned FMI to address this issue. There is …

Cover Sheet - Tools for Hiring, Promotion, and Development of Sheet Metal Contractor Personnel

White Paper | Published 02.01.2019

White Paper: Tools for the Hiring, Promotion, and Talent Development of Sheet Metal and Mechanical Contractor Personnel

Research shows that using personality and aptitude assessments can markedly reduce the variability (and uncertainty) in hiring and promotion decisions compared with relying on resumes and interviews alone. The New Horizons Foundation partnered with lead researchers at the University of North Carolina at Charlotte and the University of Kansas to understand how personality and aptitude …

Cover Sheet - So You Want To Be A CEO? Read This First.

White Paper | Published 02.01.2013

White Paper: So You Want to Be a CEO? Read This First

While this white paper focuses on CEO responsibilities for HVAC/sheet metal firms, it also reviewed CEO functions in other construction industry firms. In reality there are few differences in the overall responsibilities or skills of CEOs within the industry. There are more differences in companies of different sizes and organizational structures. In previous studies commissioned …

Cover Sheet - Leadership Selection Practices for HVAC & Sheet Metal Contractors

Report | Published 11.01.2011

Leadership Selection Practices for HVAC and Sheet Metal Contractors and Fabricators

This report outlines each step of the leadership selection process with recommendations based on best practices. By taking an intentional, focused look at the limitations of current selection processes, organizations using this report can identify ways to make more informed and effective decisions. While no hiring process will ever be 100% accurate, most organizations in …

Continuity and Transition Planning for HVAC and Sheet Metal Contractors

Report | Published 09.01.2011

Continuity and Transition Planning for HVAC and Sheet Metal Contractors: The Changing Face of Leadership for HVAC/Sheet Metal Contractors and Fabricators

The leadership and supporters of the New Horizons Foundation have produced three comprehensive research reports concerning the importance of business continuity planning and execution. The three previous reports summarized in this report include: Exit Strategies for HVAC /Sheet Metal Contractors: Strategies for Equity and Ownership Transfer Mentoring and Coaching Practices: Developing the Next Generation Leadership …

Mentoring and Coaching Practices

Report | Published 08.01.2010

Mentoring and Coaching Practices: Developing the Next Generation

Mentoring and coaching can be used successfully to prepare the next generation of leaders and owners, and help attract new recruits. For generations, apprenticeship programs have¬† provided good careers and a well-trained, capable workforce for heating, ventilation, and air conditioning (HVAC)/sheet metal contractors and fabricators. The processes of mentoring and coaching can create an apprenticeship-type …

Cover Sheet - Exit Strategies for HVAC & Sheet Metal Contractors

Report | Published 07.01.2010

Exit Strategies for HVAC/Sheet Metal Contractors: Strategies for Equity and Ownership Transfer

This report presents the results of a study commissioned by the foundation to identify and evaluate approaches for exit strategies and equity transfer for heating, ventilation, and air conditioning (HVAC ) and sheet metal contractors. The interest is driven by industry demographics and the desire and necessity of many business owners to explore these alternatives. …