Planning IS Managing Managing a construction company is like steering a 1000-foot container ship. It takes a long time for adjustments at the helm to alter the direction of the bow. There is a lag between deciding to change course and the ship changing direction. It...
ZERO TURNOVER If you are in the construction business reading this blog on your cellphone at the job site, I hope you have an adequate labor supply. This “skilled labor shortage” we’re all talking about will really threaten you if you try to grow too...
2022 Construction Inflation Alert Many construction industry executives seem to believe that “runaway” inflation is the story of 2021 and not the theme for 2022. Today we are suspending speculation and simply recording the current construction inflation...
INFLATION – 2022/23 Recent conversations with construction CEOs reveal that many industry professionals believe the current inflation spike is only a blip on the economic radar screen that will fade as soon as the supply chain is untangled. I would like to...
SIZE MATTERS Warren Buffet once famously said: “I buy expensive suits… They just look cheap on me.” In this disrupted, unpredictable market of 2022, project selection may be the most important decision construction senior management will make. Last...
