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Profitable Project Selection
Profitability in construction begins with project selection. Ours is the only industry that signs a binding contract to sell our service for a fixed price, not knowing exactly what it will cost to provide that service. What's worse, we bid in a highly competitive...
Profit is Our Theme for 2025
Profit is Our Theme for 2025 Construction industry profit margins are too low. The financial risk we take is too high. Too many competent contractors fail without warning. We need to improve our business management practices this year to improve margins and reduce...
Looking Ahead to 2025
Looking Ahead to 2025 Thomas C Schleifer, Ph.D. These are the topics we will be discussing in 2025. We'll be diving a little deeper and our treatment of each topic will be more granular. See you next year. Marketing Reputation Market segmentation Owner selection...
2024 – Review
My final thoughts for 2024. As this year nears its end, I am quite surprised. It may be my age, but I feel as if 2024 slipped away almost unnoticed. I thought we might pause, take a breath, and review what we have shared this year. Overview It is my mission to...
Leadership and Beyond
A leader, as opposed to a manager or "boss", has a formidable responsibility to not only manage the current business, which generates significant revenue and needs continual incremental innovation to hit short-term success targets, but also to champion...
From Boss to Leader
Unique Construction Business In many aspects the construction industry is unique in all American business: It sells a service but produces a product. There is no ongoing transaction. Construction companies migrate from one project to the next. It’s like starting a new...
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