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Steps for A/E Firms to Survive Economic Downturn

How to keep a business going in a crisis.

The events of September 11th pushed a fragile economy downward. In a recent editorial in The Zweig Letter, Mark Zweig, president and CEO of ZweigWhite, outlined five steps that leaders of A/E/P and environmental consulting firms can take to help survive the downturn:Tune up financial reporting and forecasting systems: be sure that your company is able to get accurate information that shows where the bleeding is so that the problem can be resolved quicklyTake a hard look at the markets: Airports will still be a good market, but there will be much less air-side work (runways, taxiways, etc.) in the short-term and much more on the land side (terminals, baggage handling, security). More roadway work is likely. Cut high-level people: Don’t rationalize that your backlog will go up, or that you can’t do without someone who is clearly not cutting it because he or she is the only one you have.Cut benefits: Protecting your profits has to be the first priorityMarketing is quickly changing: E-marketing is rapidly displacing direct mail as a way to position a firm as an expert in a particular market.

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HxGN Live

More than 3,500 attendees from more than 70 countries attended HxGN Live, the annual Hexagon AB user conference, at the MGM Grand Hotel & Casino in Las Vegas on June 3-6. About 450 keynotes and panel discussions were held, and several companies from around the world exhibited their geospatial products. Here are a few snapshots from the event.


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2015 March

In this March 2015 issue of POB, we take a look at how a dam project's field work becomes complicated with a river and lush vegetation. Also, read about Williston, North Dakota's population boom due to unprecedented oil exploration and drilling activity.

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