430 likes | 438 Views
Survey results analyzing industry trends, business practices, labor organization, staff development, innovation, and perceptions gap analysis within the engineering and construction sector. Research conducted based on demographic data.
E N D
ECC/FMI Survey Results September 3, 2007 Research and Analysis by:
How many more years do you expect to work in the E&C industry? 92% indicate that their departure will be the result of retirement
Compared to five years ago (2002), has your current (2007) engineering and construction program… The average increase was 122% (range: 10% to 700%) The average decline was 30% (range: 10% to 60%) (measured by volume)…
Five years from now (2012), do you expect your engineering and construction volume to… The average anticipated increase is 79% (range: 10% to 700%) The average anticipated decline is 29% (range: 15% to 50%)
To what extent are E&C business practices standardized within your company? No standardization exists Few business practices are standardized (little or no rationale as to which business practices are standardized and which are not) All business practices are standardized Several business practices are standardized (primary or core business practices are standardized) Most business practices are standardized (only a few business practices are not standardized for practical reasons or otherwise)
How quickly are E&C business practices at your company becoming more or less standardized? Standardization is generally increasing
To what extent are “lean” E&C practices utilized on your engineering and construction projects?
Are “lean” E&C practices becoming more or less utilized on your engineering and construction projects? “Lean” E&C practices are generally increasing
Over the next five years (2007-2012), are the following functions becoming more centralized or more outsourced?
Please indicate the extent of your company’s experience in each of the following practices.
Do you expect your company’s utilization of the following to increase or decline over the next five years (2007-2012)?
What is your company’s average percent of new hires (less than one year of employment) vs. total staff?
What is your company’s experience with the use of off shore craft labor vs. home-country craft labor?
How would you describe your company’s experience with the use of off-shore craft labor?
Do you expect to use more or less off-shore craft labor in the future (2007-2012)?
What is your company’s experience with the use of off-shore engineering labor vs. home-country engineering labor?
How would you describe your company’s experience with the use of off-shore engineering labor?
Do you expect to use more or less off-shore engineering labor in the future (2007-2012)?
Did your company have a well-defined technical ladder for career development in addition to managerial ladder five years ago? Now? What do you expect five years from now?
What is the average number of direct reports per Project Manager in your company?
What is the average number of direct reports per Project Manager in your company (if none, answer 0)?
What workforce renewal and retainage strategies does your company employ? (check all that apply)
The percent of our management team that will need to be replaced because of turnover and retirement by the end of 2012 will range from…
What is your total and expected training and management development spending per professional staff?
What percent of your time is spent coaching and mentoring others within your company?What percent of your time is spent recruiting and hiring others?
Do you believe that the following skills of current new hires (2007) have improved or worsened compared to past new hires (2002)?
Do you believe that the following skills of your company’s current management team in 2007 are better or worse compared to 2002?
How progressive or innovative do you feel your firm is vs. the industry (do you have well developed and effective practices) in this area?
How progressive or innovative do you feel your firm is vs. the industry (do you have well developed and effective practices) in this area?
Perceptions Gap Analysis 5 years or less experience compared to Greater than 15 years experience
In your opinion, what is the most likely reason for professional staff with 5 years or less experience to leave their current employer? (1=Not A Reason, 10=Primary Reason)
Relative to dealing with today's challenges, do you believe that the rate of corporate culture change is:
Is the amount of responsibility given to the employees with 5 years or less experience adequate to develop the technical and management skills that will be needed for the future and to retain the best of talent?
Are the corporate values communicated to the point they are understood and drive daily behavior?
What percentage of the 5 years or less experienced professional staff is likely to leave in the next 2 years?
What are the most likely reasons for 5 years or less experienced professional staff to leave the E&C industry? (1=Not A Reason, 10=Primary Reason)