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Perspectives

What will the AEC industry see in 2021?

Members of the AEC (Architectural, Engineering & Construction) industry are looking ahead to 2021 and realize the year ahead looks challenging. However, 2021 will present opportunities for leaders who are anticipatory and think strategically. Those leaders will look for the hard trends and soft trends, identify the disruptors in the industry and subsequently define the opportunities that will exist for them.

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Developing a succession plan is vital for family businesses 

A recent family business survey conducted by the National Bureau of Economic Research’s Family Business Alliance indicates that only 15% of the family businesses have developed and documented anything appearing to be a succession plan. This is troubling because succession of ownership and leadership is a critical issue for the long-term success of a business.

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Mark S. Schweiker

Former PA Gov. Schweiker: We shall overcome by putting politics aside

America is divided. We see and feel it every day, and one can become discouraged. Then, when we recently marked the 19th remembrance of 9/11, something happened: Americans from all across the nation put politics aside and honored the brave people we lost. We were reminded of an earlier time when Americans came together magnanimously to overcome one of this country's most difficult challenges.

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The best business model always wins… even at the dentist

The Coronavirus has quickened the pace of consolidation in one of the last large cottage industries -- dentistry. The intimate nature of the relationship between a dentist and a patient, along with the long-standing tradition of independence in the profession, have allowed solo practitioners, until recently, to remain in the majority.

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Are you ready to recruit in the new normal?

There's no doubt about it, the COVID-19 pandemic has sped up the natural progression of work process and communication methods moving further in the digital direction. The hiring process is definitely an important example, which is being shaped into a leaner, faster, more efficient model.

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How to build trust through feedback

Feedback between leaders and employees is essential in understanding the effectiveness of their interactions and their impact on others. Furthermore, feedback helps leaders to clarify objectives and reiterate the overall direction of the team.  

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