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Recession – Yes or No?
Recession – Yes or No?
Thomas C Schleifer, Ph.D.
As the Fed uses interest rates to joust with inflation, everyone wants to know if we’re headed into a recession. The dreaded R word is on everybody’s mind. Do I think we’re in for an immediate recession? How severe will it … Read the rest “Recession – Yes or No?”
A Day in The Life of A “Best-In-Class” Contractor
A Day in The Life of A “Best-In-Class” Contractor
Thomas C Schleifer, Ph.D.
The Best-In-Class Contractor
We call contractors who fit the management profile that the Construction Company Self-Analysis Program outlines, question by question – “best-in-class”. Let’s try to flesh out a small to mid-size best-in-class contractor a little by … Read the rest “A Day in The Life of A “Best-In-Class” Contractor”
In The Eye of the Beholder
In The Eye of the Beholder
Thomas C Schleifer, Ph.D.
Wall Street investment advisors are beginning to act like contractors. Hedge fund managers now value tech companies based on a multiple of future revenues rather than a multiple of past earnings. Revenues trump profits. Just like many contractors.
Back To the Beginning
Back To the Beginning
Thomas C Schleifer, Ph.D.
For 30 years I have been researching the causes of construction business failure. The study began years ago when I operated the largest national consultancy firm completing projects interrupted when bonded contractors suddenly failed. I originated research into the extent of contractor … Read the rest “Back To the Beginning”
The Next Normal
The Next Normal
Thomas C Schleifer, Ph.D.
Long term “trends”, not temporary disruptions, are reshaping the construction industry. Last week we cited research that identified 15 construction industry long-term trends. Let’s examine four of them more closely:
- Specialization – To improve margins companies will start to specialize in target niches
Disruption
Disruption
Thomas C Schleifer, Ph.D.
For the past eight weeks we have been focusing on managing under disorderly market conditions. The feedback I have been getting from industry leaders is that they believe this current disorderly market is a temporary phenomenon caused by the COVID-19 pandemic. However, our discussion last … Read the rest “Disruption”
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