Engineering Inc. - March/April 2015 - (Page 2)

From ACEC to You Stemming the Tide Of Commoditization T he pernicious effects of commoditization are felt in virtually all professions these days, but perhaps nowhere more acutely than in engineering. According to ACEC's Engineering Business Index (EBI), members consider commoditization a critical threat to their firms' success, surpassed only by public funding constraints and an adverse economy. The trend toward commoditization, which continues unabated, is driven by a complex array of factors. How you can help your firm overcome those factors and protect your bottom line is the subject of our feature article. (See page 18.) Tax policy also has a major impact on ACEC members, and our cover interview with Senate Finance Committee Chairman Orrin Hatch (R-Utah) reveals the challenges ahead in comprehensive tax reform. (See page 8.) In addition, this issue highlights how ACEC/PAC Champions from coast to coast applied creative strategies to help ACEC/PAC smash fundraising records in 2014, with sights now set on the Council's $1 million goal. (See page 39.) A new regular feature looks at how member firms are excelling as corporate citizens in their communities. The first firm to be profiled in this series, Black & Veatch, has developed a successful housing program that benefits the urban areas in which the firm operates. (See page 30.) Finally, this issue includes a fascinating profile of engineers who serve in public office. (See page 12.) Richard C. Wells ACEC Chairman David A. Raymond ACEC President & CEO ENGINEERING INC. THE OFFICIAL PUBLICATION OF THE AMERICAN COUNCIL OF ENGINEERING COMPANIES AMERICAN COUNCIL OF ENGINEERING COMPANIES CHAIRMAN PRESIDENT & CEO VICE PRESIDENT, OPERATIONS Richard C. Wells David A. Raymond Mary Ann Emely VICE PRESIDENT, GOVERNMENT AFFAIRS Steven Hall VICE PRESIDENT, BUSINESS RESOURCES AND EDUCATION Marie Ternieden DIRECTOR, COMMUNICATIONS AND MEDIA STAFF EDITOR SENIOR COMMUNICATIONS WRITER Alan D. Crockett Andrea Keeney 202-682-4347 Gerry Donohue ACEC PUBLIC RELATIONS AND EDITORIAL ADVISORY COMMITTEE CHAIRMAN James Blake McMURRY/TMG, LLC Corey Murray, Christopher Brandon Jeff Kibler PROJECT MANAGER Amy Stephenson Fabbri MANAGING EDITORS ART DIRECTOR ADVERTISING SALES Leo Hoch ACEC 1015 15th Street, NW, 8th Floor Washington, D.C. 20005-2605 202-682-4341 Engineering Inc., Volume 26, Number 2 (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. © 2015 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 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 or call 202-347-7474 and ask for Member Records. WWW.AC EC .OR G http://WWW.ACEC.ORG

Table of Contents for the Digital Edition of Engineering Inc. - March/April 2015

Engineering Inc. - March/April 2015
From ACEC to You
Market Watch
Legislative Action
Senator Orrin Hatch
Breaking the Mold
App to Order
Making a Quality-of-Life Difference
Leading the Pac
2015 Annual Convention Preview
Guest Column
Business Insights
Members in the News
Mergers and Acquisitions

Engineering Inc. - March/April 2015