by Simplar | Jan 14, 2021 | Change Orders, Change Orders
A Change Order by Any Other Name Designers, owners, and most contractors consider Change Orders a bad thing. Research indicates that overall project performance and contractor profitability is better on jobs with fewer COs than those with many. Even when Change Orders...
by Simplar | Jan 14, 2021 | Overhead
Subject: Overhead “CLOSING THE BARN DOOR AFTER THE HORSE HAS BOLTED” by Professor Jake Smithwick, PhD, University of North Carolina at Charlotte Cutting overhead to protect earnings in down markets is a business school cliché. In management theory it is an obvious...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Introduction to Business Planning The best lesson in planning I ever had was not in business school. It was attending a normal weekly contractor staff meeting and listening to an experienced and knowledgeable old-time contractor teach his management team how to manage...
by Simplar | Jan 14, 2021 | Current Events/Interests
Subject: Failure in older companies When Even a Rolex Stops Ticking Recent news from around the world-wide construction industry should cause US construction professionals to pause and ponder. Recent Headlines RIYADH/DUBAI (Reuters) January 2018 – Saudi Arabia...
by Simplar | Jan 14, 2021 | Succession Planning, Succession Planning
SUCCESS…ion Succession is a Big Deal The magnitude of the succession issue is staggering. Seventy percent of construction enterprises are family-owned. As more than 9 million baby boomers retire in waves, the founders and first-generation baby boomer owners of all...
