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Advice on Advice
Advice on Advice
After reading my last three blogs on forming a board of advisors, I can hear some of you out there saying to your computers that the last thing you need in life is an advisor who doesnāt know as much about contracting as you do, and a … Read the rest “Advice on Advice”
News Flash: Infrastructure Boom
Bidenās $2 trillion āeverything but the kitchen sinkā infrastructure boom may fizzle in the face of the republican $568 billion traditional āroads and bridges onlyā counter-proposal. A $1.4 trillion negotiating gap will slow things way down. Donāt buy new equipment or...
How to Effectively Utilize a Board of Advisors
How to Effectively Utilize a Board of Advisors
Now that I’ve convinced you to form a board of advisors, and you are already working to recruit appropriate members, it’s time to discuss how to utilize all the newly assembled brainpower to your advantage.Ā
Over 30 years consulting to growing contractors … Read the rest “How to Effectively Utilize a Board of Advisors”
How to Assemble a Board of Advisors
How to Assemble a Board of Advisors
I often mention that the construction industry has the highest failure rate of all industries with the exception of restaurants. Most of my readers infer from this statistic that Iām implying construction’s failure rate is due to poor management. That, however, is not … Read the rest “How to Assemble a Board of Advisors”
Advise & Consent – Utilizing a Board of Directors/Advisors
Advise and Consent
Utilizing a Board of Directors/Advisors
Because the construction industry is largely made up of “closely held” companies, it is rare to find a board of directors assisting and advising a construction company. Closely held corporations usually have no objective corporate governance because the shareholders, directors, and officers … Read the rest “Advise & Consent – Utilizing a Board of Directors/Advisors”
How to Engage and Develop Construction Employees
How to Engage and Develop Construction Employees
“What do you mean, engagement?” That’s the response I get from most construction CEOs when I introduce the concept of employee engagement and development. As I mentioned last week, contractors do not delve too deeply into the psychology of their employees. “Pay them … Read the rest “How to Engage and Develop Construction Employees”
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