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Award Recipient
Master
Michael M. McCarthy
McCarthy Building Companies, Inc.
The "Master" award is a special honor given to an individual
who is able to maintain management excellence over a sustained period
of time. In addition, the "Master" generally holds a responsible
position within the community.
Michael
M. McCarthy |
As chairman of the McCarthy Building Companies, Mike McCarthy says
he is in one of the riskiest industries. Yet, for 30 years McCarthy
has persevered and leads the $2 billion diversified construction
company that has done work in 45 states and eight foreign countries.
The company has nine full-service offices, with more than 2,500
total employees.
Today, McCarthy Building Companies ranks as the 17th largest domestic
builder in the nation according to May 2001 Engineering News Record.
McCarthy's father founded the company in Michigan in 1864. In the
late 1960s, he took over and has been implementing the modern-McCarthy
strategy ever since.
The company specializes in many highly successful niches including
designing and building parking structures and healthcare facilities.
It took McCarthy three years to sell the first construction management
healthcare project outside of St. Louis. This effort resulted in
the company becoming a national pioneer in healthcare construction.
These days McCarthy spends much of his time traveling the country
to build client relationships and visit the firm's regional offices
to reinforce the value and vision of the company with staff members.
He is also a problem solver, ready to offer ideas and solutions
for the company's latest projects.
Some of those projects include the new Academy Awards facility in
Hollywood and the Center for Disease Control in Atlanta. The Space
Needle in Seattle and the National Institutes of Health are two
other high-profile projects in which McCarthy is involved.
"We are more than a construction company," McCarthy says. "We bring
a lot of value especially on the front-end. We get involved in the
design and planning phase and help clients decide how to shape their
projects."
McCarthy says it takes love of risk, a worthwhile idea, and a strong
belief in oneself to make it as an entrepreneur. "You have to expect
failure sometimes. Growth comes through pain and suffering," he
says. He adds that the company has tried many things that haven't
worked, but they learned from mistakes.
McCarthy says he still loves the challenges of his business. His
plans call for the company to be around for at least another 137
years. (back) |
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