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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”
Building A Stable Organization from Within
Building A Stable Organization from Within
Thomas C Schleifer, Ph.D.
Our industry’s skilled labor shortage is not new. It is just worse with the pandemic. A growing shortage of skilled labor has haunted the construction industry for the past 15 years. Research has identified three major causes of this shortage:… Read the rest “Building A Stable Organization from Within”
Strategic Flexibility–Managing in Disorderly Markets
Strategic Flexibility–Managing in Disorderly Markets
Thomas C Schleifer, Ph.D.
Last week in a Case Study of Disorderly Markets – we summarized the series of management decisions made by governments in response to post-pandemic economic developments. I think it’s fair to say that each reflexive decision seemed to make matters worse. … Read the rest “Strategic Flexibility–Managing in Disorderly Markets”
Disorderly Markets–A Case Study
Disorderly Markets–A Case Study
Thomas C Schleifer, Ph.D.
Contractors are used to managing in volatile markets that go up and down in predictable cycles. This post pandemic market, however, is not simply cyclical or volatile. It is disorderly. It veers from pillar to post without warning or logical … Read the rest “Disorderly Markets–A Case Study”
The CFO Risk Manager
The CFO Risk Manager
Dr Thomas C Schleifer
Contractors are professional gamblers who place big bets that they can profit from complex transactions that often take years to complete. If they’re operating in familiar stable markets, they believe they can win the bet otherwise they wouldn’t be able to bid … Read the rest “The CFO Risk Manager”
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