McCarthy Building Companies, Inc. one of the nation’s oldest and largest privately-held construction companies and a 100 percent employee-owned business, was honored last week with a 2011 Education Excellence Award from the Associated General Contractors of America (AGC).
Presented during the AGC Training, Education & Development Conference in Kansas City, the Education Excellence Awards recognize the most innovative and collaborative training and development programs in the construction industry. McCarthy was honored in the category of Supervisor-Executive Management for the firm’s Foundations of Leadership Training Program. This AGC award comes on the heels of McCarthy’s placement on the prestigious 2011 Training Magazine Top 125 list and recognition by Corporate University Xchange for training excellence and innovation earlier this year.
“The key to building great projects is building great professionals,” said AGC President Kristine Young. “McCarthy’s leadership training program is an example of how to turn tremendous talent into outstanding professionals.”
Founded as a family-owned business almost 150 years ago, McCarthy is one of the largest 100% employee-owned companies with an Employee Stock Ownership Plan in America today. The firm has long fostered a culture dedicated to continuous improvement, and “Learning” represents one of McCarthy’s six company Core Values.
“McCarthy transitioned from family to employee ownership in 2002,” explained McCarthy Chairman and CEO Mike Bolen. “This significant shift, together with a combination of company growth and retirements of a number of long-time leaders, resulted in our need to more aggressively prepare our high-potential employees for growth. The opportunities at McCarthy are vast and varied, and training these future leaders is an exciting part of our continuing success.”
The McCarthy Foundations of Leadership Program was designed to accelerate the advancement of high performers by challenging them early in their career to take charge of their own development through an orchestrated “peek behind the curtain” at the unique issues faced by the leaders of a multi-billion dollar general contractor. This fast-track approach was also designed to challenge these employees, keep them fully engaged in the company and heighten the overall level of professionalism in the industry.
“Our senior leadership is 100% behind the development of future leaders at McCarthy and actively participate in our Foundations program as instructors,” noted McCarthy Vice President of Human Resources Al Berardi. “We have invested an incredible amount of time to create an active learning experience that is both challenging and meaningful. To be honored by our national association for our efforts is especially meaningful.”
About the Associated General Contractors of America
The Associated General Contractors of America (AGC) is the leading association for the construction industry. Operating in partnership with its nationwide network of Chapters, the AGC provides a full range of services satisfying the needs and concerns of its members, thereby improving the quality of construction and protecting the public interest. The AGC represents more than 33,000 leading firms in the industry, including general contractors, specialty contractors, and service providers and suppliers.
McCarthy is one of the nation’s oldest and largest domestic general contractors. While a formal McCarthy Training Program had been in place for decades, McCarthy formally launched an entirely revamped training program in 2008 under McCarthy Build U. Unusual in the construction industry and among best-in-class training programs outside of the construction industry, the McCarthy Build U framework provides the company with the structure, alignment, centralization and flexibility needed to personalize training to meet both individual and business needs. Repeatedly honored as a Best Place to Work, McCarthy is 100 percent employee owned.