by Simplar | Nov 9, 2023 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Our ongoing discussion on the importance of managing the flow of cash into and out of a construction contractor’s balance sheet identified the two major financial risk factors that contractors face: (1) a chronic shortage of working capital; and (2) a highly...
by Simplar | May 4, 2023 | Built Environment, Business of Construction, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Risk Management, Risk Management, Risk Management
Planning the Present Thomas C Schleifer, Ph.D. Managing working capital during this post pandemic disrupted economy has led to many questions from contractors. I have condensed all the questions on how to plan for the future economy into one synthetic question: Syn Q....
by Simplar | Jun 8, 2021 | Business, Strategic and Project Planning, Leadership, Weekly Construction Message
Our search for “Best-in-Class” management of construction businesses has led us to the CFO’s door. Experience completing failed projects for sureties led me into extensive research about why so many construction companies unexpectedly failed,...
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 | Nov 23, 2023 | Business of Construction, Weekly Construction Message
Beliefs are firmly held convictions that go largely unexamined but nonetheless influence our decision making without us being aware of them in the background of our thinking. In last week’s message, I listed ten beliefs that influence construction...