Participants in the residential and commercial building and construction industry are routinely faced with increasing competition, pricing and margin pressures, labor shortages and uncertain construction cycles. These issues impact stakeholders throughout the value chain, including manufacturers, distributors and contractors, and across segments. A leading advisor to the building and construction sector, L.E.K. Consulting leverages its deep industry expertise to help companies navigate these dynamic and critical issues, capitalize on trends, and focus on high-potential growth initiatives to realize significant value.
Introduction to L.E.K.’s Building & Construction Practice
L.E.K.’s Rob Rourke discusses the unique challenges facing companies within the building product and materials industry, and why L.E.K. is uniquely qualified to offer a competitive advantage.
We have spent more than 25 years advising building products and materials clients across every aspect of their business. Clients turn to us for expertise that covers the full spectrum of building and construction products and materials, including building materials, building products, distribution, and engineering and construction services.
We are uniquely positioned to advise building and construction clients because we constantly have our finger on the pulse of the industry. Our practice leaders in each region have both a deep local knowledge and an understanding of the commercial and operational dynamics of industrial companies. Every year we conduct a survey of more than 850 residential and commercial contractors. Furthermore, we maintain a proprietary database of views on industry drivers gathered over the course of hundreds of client engagements. These enable us to identify where we are in the economic cycle for residential and commercial construction markets and to forecast future movements.
Our track record in providing deal support for the building and construction sector is widely acknowledged, and our work has been endorsed by leading independent industry associations and spotlighted in various publications. We are recipients of both ACQ Global Awards and International M&A Awards. We also are sponsors of the Building & Infrastructure Conference, the only annual conference focused on M&A and growth issues within the industry.
Impact of COVID-19 on Global Industrial Supply Chains
From automakers to power companies, industrial production in China is ramping up. But lingering challenges from the coronavirus outbreak threaten to impact supply chains around the globe. Here’s what industrial executives need to consider as they guide their businesses through the crisis.
Defining the New Decade in Residential Building and Construction
Prior to the past 2-3 weeks' focus on COVID-19, our Building & Construction practice had been thinking through themes that we expect to persist in the U.S. residential market as we start this decade. These themes we've been tracking, related to ecommerce and digital, labor constraints, sustainability and value-engineering are gaining new relevance as COVID-19 and market shocks begin to hit the U.S.