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 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 | Mar 5, 2026 | Built Environment, Business of Construction, Leadership, Leadership, Organization Transformation, Partnering, Planning, PM, Weekly Construction Message
The success of a construction company depends on the skill level of each team member and the coordination of their individual efforts toward a common goal. Most contractors realize this but may not be aware of the prerequisites required to accomplish this level of...
by Simplar | Feb 5, 2026 | Built Environment, Business of Construction, Organization Transformation, Project Delivery, Weekly Construction Message
This year, it is my mission to discuss the science of business. When financial transactions are small and simple the commonsense entrepreneur can make artful choices that propel the firm forward. But when construction companies achieve scale, they become the most...
