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Read the Roadmap
If you have not read last week's message you should go back and read it at least twice, take notes, think about it and talk to other employees about it. Internalize as much of the content as you can and then read today's blog. Wandering Effective business management...
Building a Strategic Plan
The strategic planning that we have been discussing can be converted into a highly effective business management tool by turning ambition into a definite action plan. The strategic planning process identifies what markets to pursue, how to win work, how to build...
See The Future and Make It Happen
I often define strategic planning as an ongoing mental organizational process used to point your company in a direction and help leaders and employees share goals, establish priorities, and allocate resources so that everyone's daily actions support the...
What Contractors Say About Risk
Vacation schedules have interrupted our strategic planning series, so we are repeating an important message on risk. If risk recognition and assessment is so fundamental to the construction transaction, why do so few contractors engage in formal risk management? As I...
Strategic Planning
"If you don't know where you're going - you're probably not going to get there." I quote this ancient Chinese proverb every time I talk about strategic planning. The contracting business does not lend itself to long-term planning. Unlike most industrial companies who...
In The Beginning
In my long career as a contractor to a consultant, I have had the good fortune to work with young people who had recently inherited a construction business. Most of these young men and women were already working in the family firm in a middle management or executive...
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