Quote: Transferring Business Skills to Construction
What happened
Business consultant Fay Chapple outlined how business school skills translate directly to construction management. She noted that managing office politics is akin to client relationship management, academic budgets are practice for business finance, and leading student teams is comparable to hiring and managing project staff.
Why it matters
- The U.S. construction market is projected to grow, with output forecasts showing increases of 3.6% in 2025 and 4.4% in 2026, driven by investments in infrastructure and a potential easing of interest rates. Total spending is expected to reach $2.24 trillion in 2025. - Top construction firms like Bechtel and Turner Corporation actively recruit recent graduates for entry-level roles. Bechtel offers a "New Graduates Program" to help launch careers in the industry, while Turner provides extensive training through its "Turner University," which features over 300 courses. - Technology is a major industry driver, with Building Information Modeling (BIM) becoming a standard expectation. In 2026, global spending on BIM is projected to hit $5.42 billion, and a growing number of projects require it from the start. Artificial intelligence is also being rapidly adopted to improve project planning, safety, and efficiency. - When interviewing without direct construction experience, emphasize transferable skills by using the STAR (Situation, Task, Action, Result) method to frame past accomplishments. Quantify achievements, such as managing a specific budget for a university project or leading a team of a certain size, to demonstrate impact. - In B2B sales for construction, a key strategy is "solution selling." Instead of focusing on a product's features, the emphasis is on demonstrating how it solves a specific problem for the client, such as reducing operational costs or improving project efficiency. - Entry-level roles often have titles like "Project Engineer," "Field Engineer," or "Project Coordinator," and typically require a bachelor's degree in business, engineering, or construction management. These positions support senior managers by assisting with scheduling, budget tracking, and reviewing project plans. - A significant challenge and opportunity within the industry is the skilled labor shortage. By 2031, 41% of the current construction workforce is expected to retire. This gap creates a strong demand for new talent to enter the field.
Key numbers
- construction market is projected to grow, with output forecasts showing increases of 3.6% in 2025 and 4.4% in 2026, driven by investments in infrastructure and a potential easing of interest rates.
- Total spending is expected to reach $2.24 trillion in 2025.
- Bechtel offers a "New Graduates Program" to help launch careers in the industry, while Turner provides extensive training through its "Turner University," which features over 300 courses.
- In 2026, global spending on BIM is projected to hit $5.42 billion, and a growing number of projects require it from the start.
What happens next
- Total spending is expected to reach $2.24 trillion in 2025.
- Bechtel offers a "New Graduates Program" to help launch careers in the industry, while Turner provides extensive training through its "Turner University," which features over 300 courses.
- These positions support senior managers by assisting with scheduling, budget tracking, and reviewing project plans.
Quick answers
What happened in Quote: Transferring Business Skills to Construction?
Business consultant Fay Chapple outlined how business school skills translate directly to construction management. She noted that managing office politics is akin to client relationship management, academic budgets are practice for business finance, and leading student teams is comparable to hiring and managing project staff.
Why does Quote: Transferring Business Skills to Construction matter?
The U.S. construction market is projected to grow, with output forecasts showing increases of 3.6% in 2025 and 4.4% in 2026, driven by investments in infrastructure and a potential easing of interest rates. Total spending is expected to reach $2.24 trillion in 2025. Top construction firms like Bechtel and Turner Corporation actively recruit recent graduates for entry-level roles. Bechtel offers a "New Graduates Program" to help launch careers in the industry, while Turner provides extensive training through its "Turner University," which features over 300 courses. Technology is a major industry driver, with Building Information Modeling (BIM) becoming a standard expectation. In 2026, global spending on BIM is projected to hit $5.42 billion, and a growing number of projects require it from the start. Artificial intelligence is also being rapidly adopted to improve project planning, safety, and efficiency. When interviewing without direct construction experience, emphasize transferable skills by using the STAR (Situation, Task, Action, Result) method to frame past accomplishments. Quantify achievements, such as managing a specific budget for a university project or leading a team of a certain size, to demonstrate impact. In B2B sales for construction, a key strategy is "solution selling." Instead of focusing on a product's features, the emphasis is on demonstrating how it solves a specific problem for the client, such as reducing operational costs or improving project efficiency. Entry-level roles often have titles like "Project Engineer," "Field Engineer," or "Project Coordinator," and typically require a bachelor's degree in business, engineering, or construction management. These positions support senior managers by assisting with scheduling, budget tracking, and reviewing project plans. A significant challenge and opportunity within the industry is the skilled labor shortage. By 2031, 41% of the current construction workforce is expected to retire. This gap creates a strong demand for new talent to enter the field.
