by Simplar | Jan 14, 2021 | Leadership, Leadership
O Captain My Captain Cruise Ship The Captain/Master of a large ocean liner does not steer the ship; that’s the Helmsman. He doesn’t navigate; that’s the First Officer. He doesn’t manage the deck staff; that’s the Bosun, or Boatswain. He doesn’t maintain the engines;...
by Simplar | Jan 14, 2021 | Procurement
COMMON SENSE by Brian Lines, Ph.D., Assistant Professor, University of Kansas Construction industry research usually begins with an everyday practical problem brought to a university faculty by construction industry professionals. Unfortunately, the resulting...
by Simplar | Jan 14, 2021 | Risk Management
“Let’s Get Real” In a recent article I wrote the following: “There is a downside to the great market we are enjoying because some construction enterprises will grow too fast and the rate of growth can be lethal. Most construction enterprises were involuntarily...
by Simplar | Jan 14, 2021 | Financial Management and Risk
Liquidity If I learned anything from ten years operating the world’s largest workout firm for sureties engaged in construction bonding, it’s that liquidity (or the lack thereof) is the most important predictive metric on a construction company’s balance sheet....
by Simplar | Jan 14, 2021 | Financial Management and Risk
The Flash Report Last week I highlighted the critical day-to-day usefulness of liquidity ratios in alerting a CEO that he might be flirting with financial difficulty. Today I would like to back up and take a look at the bigger picture – the CFO’s critical role...
