Burt’s Bees. Microsoft. Ben & Jerry’s. PNC Bank. While each of these companies offer completely different products, they share a similar characteristic—their Corporate Social Responsibility (CSR) programs have a singular focus. They are transparent about their strategy and inspire their employees, partners and customers to rally together behind their objective. Although the specifics of CSR programs depend on the organization, it’s important to recognize the common qualities of top-performing programs like these. The biggest question is: What are you trying…
innovation
Thought Leadership: Mindgrub’s Technology & Innovation Panel
Posted on June 12, 2019Bozzuto Construction Company Senior Vice President Josh Peters recently participated on an innovation and technology panel at Mindgrub’s Outdoor Speaker Series in Baltimore, MD. When asked about technology in construction, Peters emphasized the importance of industry-wide investment in research and development (R&D). “Currently, the agricultural industry invests three times more in R&D than the construction industry does, while manufacturing invests ten times more,” said Peters. “More R&D will help us be more operationally efficient and allow us to stand by our…
How Bozzuto Promotes Sustainability and Corporate Social Responsibility What is sustainability? For Bozzuto, it goes beyond recycling or using a reusable shopping bag. Sustainability is about meeting today’s needs without compromising tomorrow’s, focusing efforts across the board to not only endure, but thrive—socially, environmentally and economically. At Bozzuto, it is building and maintaining high-performing communities that minimize their environmental impact through integrated development strategies and thoughtful, purposeful operations. Bozzuto Management Company (BMC) Vice President, Sustainability Pete Zadoretzky is passionate about…
Sustained Excellence: Standing the Test of Time
Posted on April 18, 2019Sustainability. It’s so much more than a word. It’s a mindset. As we begin our 31st year, it is appropriate that we are celebrating sustainability in this issue. After all, our 2,600 employees are working together to sustain a beautiful long-term, private and multi-generational business. A business that will be marked by continued profitability, which will allow us to leave a lasting impact on our world. A business that has a driving ethos of goodness, optimism and creation. A business…
Bozzuto Construction Senior Vice President, Kelly Cantley participated on Urban Land Institute’s (ULI) panel for the 2019 “Emerging Trends in Real Estate” forum, held in Baltimore, MD last month. Panelists presented and led discussions on how national office and mixed-use construction trends are impacting the mid-Atlantic region. Cantley began her presentation by addressing costs. “The main factors contributing to the current escalation is labor shortage, tariffs, trucking regulations, and subcontractor capacity. Based on projections, we anticipate costs normalizing later in…
Is the Construction Industry Ripe for Disruption?
Posted on August 23, 2018As customer preferences evolve and change, businesses across all industries are faced with the pressure to innovate and offer the next best thing. Within the construction industry, we have watched the pace of production and innovation increase minimally over the years, which raises concern as to whether our industry is ripe for disruption. First, let’s define disruption. “Disruptive Innovation” was first coined by one of the most influential business theorists in modern history, Clayton Christensen. Christensen defines the phrase as……
As we celebrate our 30th anniversary, we have many reasons to be proud of the success that we have achieved. However, we should not rest on our laurels, rather we should continue to drive towards a greater calling. We should relentlessly strive to make a difference in the world. Our focus should be on turning our success into significance. Bozzuto’s reason for being transcends “just” being developers, managers and builders of communities; rather, our purpose has even more nobility. We…