by Simplar | Jan 14, 2021 | Succession Planning, Succession Planning
YOU Are the Company Subjects: What makes a company, succession “A closely held construction company is the sum and substance of its experience. All of that sum and substance resides in its people”. (Dr. Thomas Schleifer) Think about that for a minute. Most of us...
by Simplar | Jan 14, 2021 | Financial Management and Risk
DON’T SHOOT THE MESSENGER Subjects: finances, CFOs, accounting In our industry the accounting function is not given the status and significance it should have. In more than half of the construction failures I dealt with, the following scene played itself out over and...
by Simplar | Jan 14, 2021 | Business, Strategic and Project Planning
Consolidation in Construction Constant population growth is the relentless expansionary force that drives all markets. The principles of Survival of the Fittest dictates that only the fittest companies will survive in expanding markets. The rest will either cease to...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
INSIGHTS INTO THE RISK OF FAILURE If that’s all it takes to succeed in the construction business is a pickup truck, a box of tools, a cast-iron stomach, and a forgiving wife, why do so many contractors fail? Check next to the causes listed below that you believe most...
by Simplar | Jan 14, 2021 | Prospering Cyclical Market, Prospering Cyclical Market
Subject: Quality over quantity Never Ask a Texan… …the size of his spread. It’s not polite. I made that mistake while touring a Texas cattle ranch with the owner many years ago. The rest of the tour was spent in comparative silence. When we got back to the...
