LAS VEGAS, March 10, 2020 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK), in collaboration with FMI Corporation, a leading management consulting firm, has unveiled the results of a groundbreaking industry study titled “Trust Matters: The High Cost of Low Trust.” This comprehensive research explores how varying levels of trust within construction organizations and project teams impact financial performance, employee retention, and overall operational success. The findings highlight that companies with “very high” levels of trust consistently outperform those with lower trust levels, yet only 37% of survey participants reported having such high trust environments. The report reveals that organizations with strong internal trust are more likely to secure repeat business, retain skilled employees, and achieve greater project efficiency. In an industry where profit margins are already tight, these advantages can translate into significant cost savings and increased revenue—potentially millions of dollars annually. Jay Bowman, Research and Analytics Lead at FMI, emphasized, “The financial benefits of high trust can be substantial. With shrinking margins, it's crucial for construction firms to assess their trust levels and take steps to improve them. The attributes identified in this study offer actionable strategies to enhance transparency, streamline collaboration, and ultimately boost profitability.” The study involved over 2,500 construction professionals from around the world, who rated the level of trust within their organizations on a scale from 1 (very low) to 5 (very high). These ratings were then compared against key performance indicators such as financial outcomes, workplace culture, and external relationships. Key insights from the study include: 1. **Financial Gains from High Trust** Organizations with high trust levels experience significant financial benefits, including higher client retention, reduced employee turnover, and improved project delivery timelines. For example, companies with high trust see up to 57% of projects coming from repeat clients, compared to just 42% in average-trust organizations. Additionally, they save up to $750,000 annually by avoiding the costs associated with hiring new staff. 2. **Higher Employee Engagement and Loyalty** Employees in high-trust environments are more engaged and committed. A staggering 74% of workers in these organizations would recommend their company as a great place to work, which is invaluable in attracting talent during a global labor shortage. Moreover, these employees are twice as likely to go above and beyond their job requirements. 3. **Stronger Collaboration and External Relationships** Trust fosters better communication and collaboration, both internally and with external partners. High-trust organizations are more likely to share information openly, respond quickly to issues, and build stronger relationships with clients, architects, engineers, and contractors. This leads to fewer delays, less rework, and more opportunities for future projects. 4. **Trust Can Be Improved** The study found that trust is not fixed—it can be cultivated through consistent processes, open communication, and a supportive work environment. Companies that prioritize transparency, accountability, and employee development are more likely to see improvements in trust and performance. Dustin DeVan, Construction Strategist at Autodesk Construction Solutions, added, “Construction is a team effort, and trust is the foundation of success. This study highlights the need for more transparency and collaboration in the industry. By adopting the right tools and practices, organizations can boost trust and drive better results.” For more details, you can download the full report, “Trust Matters: The High Cost of Low Trust,” [here](#). You can also check out our [blog](#) and [infographic](#), or join our upcoming webinar on March 25, 2020, to learn how to build trust within your organization. **About the Study** In 2019, Autodesk Construction Solutions and FMI surveyed 2,527 construction professionals globally. Participants ranked the level of trust in their organizations and shared insights on their financial and operational performance. The results were categorized into three trust levels: “Very High,” “Above Average,” and “Average to Below Average.” **About Autodesk** Autodesk creates software that empowers people to design and build the future. From skyscrapers to smartphones, our tools help shape the world around us. Learn more at [autodesk.com](#) or follow us on [Twitter](#). **About FMI** FMI is a premier provider of consulting and investment banking services to the Built Environment. We specialize in strategy, leadership, performance, technology, M&A, and financial advisory. Visit [fminet.com](#) for more information. **Safe Harbor Statement** This press release contains forward-looking statements regarding future product development. These statements are not guarantees but reflect current plans, which may change. Purchasers should not rely solely on these statements. Autodesk assumes no obligation to update any forward-looking statements. Autodesk and the Autodesk logo are registered trademarks of Autodesk, Inc. All other trademarks belong to their respective owners. © 2020 Autodesk, Inc. All rights reserved. SOURCE: Autodesk, Inc.

Nickel Alloy Straps

Metal Straps,Industrial Nickel Alloy Straps,Corrosion-Resistant Nickel Alloy Straps,Durable Nickel Alloy Straps

Ningbo Boss Metal Material Co., Ltd. , https://www.boss-metal.com