by Simplar | Jun 12, 2025 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Leadership, Leadership, Risk Management, Risk Management, Weekly Construction Message
Contractors often wait too long to employ the business management expertise of a qualified Chief Financial Officer. Small and mid-size businesses across all industries have traditionally left accounting to a bookkeeper, hiring an outside accounting firm to close the...
by Simplar | Jul 2, 2026 | Financial Management and Risk, Financial Management and Risk, Risk Management, Weekly Construction Message
The unique complex nature of the construction financial transaction cannot be overstated. I make this point repeatedly because my experience working with contractors is they do not see the complexity of the business of contracting the same way I do. The unfortunate...
by Simplar | Jul 7, 2022 | Built Environment, Business of Construction, Partnering, Planning, PM, Procurement, Weekly Construction Message
The Gambler Dr Thomas C Schleifer Why do so many construction companies fail without anyone realizing they were about to go under? When I ran the largest surety consultancy in the country that completed projects for bonding companies after construction firms had...
by Simplar | Jun 2, 2021 | Business Development, Business Development, Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
My overview of the construction industry breaks down the management function into three broad categories: 1. Getting the work 2. Doing the work 3. Accounting for the work. The Chief Financial Officer’s (CFO’s) role in “Accounting for the work” is...
by Simplar | Oct 1, 2026 | Business, Strategic & Project Planning, Financial Management and Risk, Organizational Change Management, Risk Management, Weekly Construction Message
As we approach the fourth and final quarter of 2026 let’s review together the business management concepts we have been developing throughout the year. Back in January I called this year’s blog series “The Schleifer Construction MBA”. I have...
