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 | Business, Strategic & Project Planning
How to Use Let’s Talk Business In a recent blog entitled, “What We Don’t Do…” I highlighted the construction industry’s propensity for secrecy; keeping hard-earned lessons “close to the vest” rather than sharing what we have learned with one another. With Let’s Talk...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Risk is Not a Dirty Word Over the last thirty years I have conducted literally hundreds of seminars with construction professionals covering an array of issues concerning the business of contracting. Along the way I have noticed that whenever I bring up risk, the...
