Engineering Inc. - September/October 2014 - (Page 2)

From ACEC to You Successful Engineers Become Effective Business Leaders ENGINEERING INC. THE OFFICIAL PUBLICATION OF THE AMERICAN COUNCIL OF ENGINEERING COMPANIES AMERICAN COUNCIL OF ENGINEERING COMPANIES CHAIRMAN Richard C. Wells PRESIDENT & CEO David A. Raymond Mary Ann Emely T Richard C. Wells ACEC Chairman David A. Raymond ACEC President & CEO VICE PRESIDENT, OPERATIONS wenty years ago, the Council recognized that engineering leadership required more than technical proficiency. To become effective and forward-looking stewards of their companies, senior executives needed to hone skills in business leadership and raise their understanding of public policy issues. To meet the need, ACEC created the Senior Executives Institute (SEI)-a pioneering course that today has become the industry's gold standard for leadership training. Over the past two decades, SEI has transformed almost 500 engineers from 150 companies into successful business leaders; many of them have become CEOs of their firms, such as Gannett Fleming, Stanley Consultants and Psomas. We congratulate the entire SEI alumni body and faculty for their tremendous achievement. The report on the program in this issue of our magazine gives an excellent portrayal through the eyes of its participants. (See page 10.) This issue also includes compelling articles on how to effectively manage a client's unrealistic expectations of perfection (see page 40); an analysis of the U.S. energy boom that provides new opportunities for our members (see page 32); unique solutions to underground engineering challenges (see page 23); and a range of other business topics. See you all at the upcoming Fall Conference in Hawaii on October 22-25. Aloha! VICE PRESIDENT, GOVERNMENT AFFAIRS Steven Hall VICE PRESIDENT, BUSINESS RESOURCES AND EDUCATION Marie Ternieden D IRECTOR, COMMUNICATIONS AND MEDIA Alan D. Crockett STAFF EDITOR Andrea Keeney akeeney@acec.org 202-682-4347 SENIOR COMMUNICATIONS WRITER Gerry Donohue ACEC PUBLIC RELATIONS AND EDITORIAL ADVISORY COMMITTEE CHAIRMAN James Blake McMURRY/TMG, LLC MANAGING EDITOR Corey Murray ART DIRECTOR Jeff Kibler PROJECT MANAGER Amy Stephenson Fabbri ADVERTISING SALES Leo Hoch ACEC 1015 15th Street, NW, 8th Floor Washington, D.C. 20005-2605 202-682-4341 lhoch@acec.org Engineering Inc., Volume 25, Number 4 (ISSN 1539-2694), is published bi-monthly by the American Council of Engineering Companies (ACEC), 1015 15th Street, NW, 8th Floor, Washington, D.C. 20005-2605. Periodicals postage paid at Washington, D.C., and at additional mailing offices. Annual subscriptions are $24 for members (included in dues as a non-deductible amount); $45 for U.S. non-members; $65 for institutional subscriptions. Back issues are $15. POSTMASTER: Send address changes to Engineering Inc., c/o ACEC, 1015 15th Street, NW, 8th Floor, Washington, D.C. 20005-2605. © 2014 American Council of Engineering Companies. All rights reserved. This publication may be copied, downloaded from the ACEC website, stored in electronic or hard-copy format, and disseminated to third parties for educational and information purposes. ACEC expressly disclaims any liability for damages of any kind in connection with such copying, downloading, storage, and/or dissemination. By copying, downloading, storing and/or disseminating this publication, the recipient of this publication expressly agrees to defend, indemnify, and hold ACEC, its officers, directors, employees, volunteers and agents harmless from and against any and all losses, damages, claims, causes of action and liabilities, including reasonable attorneys' fees and costs, arising out of or resulting from the recipient's use of this publication. Notwithstanding the above, no part of this publication may be altered, resold, licensed, or used for any other commercial purposes without the prior written permission of ACEC. Recipients may opt out of receiving the electronic version of this publication from ACEC by sending an e-mail with the subject line "Unsubscribe" to ACEC at magazine@acec.org. Engineering Inc. subscribers: If you have a mailing address correction or need to add or remove an employee from the Engineering Inc. mailing list, please contact the ACEC Membership Department at memberservice@acec.org or call 202-347-7474 and ask for Member Records. WWW.AC EC .ORG http://WWW.ACEC.ORG

Table of Contents for the Digital Edition of Engineering Inc. - September/October 2014

Engineering Inc. - September/October 2014
Contents
From ACEC to You
Legislative Action
Market Watch
Evolution of Excellence
Big on Data, Long on Promise
Deep-Rooted Designs
Energy Boom
Reality Check
Business Insights
2014 Fall Conference
Members in the News
Mergers and Acquisitions

Engineering Inc. - September/October 2014