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Employee Engagement & Development
Weekly Construction Message: Getting The Work – Quality Based Pricing
“Getting The Work”
Quality Based Pricing
Best-in-Class Contractor Series March 17, 2021
In our 2021 Best-in-Class Contractor series we began at the beginning – signing and executing contracts. This is the stage in the construction process that most of the risk in the transaction is assumed by contractors. Mesmerized by … Read the rest “Weekly Construction Message: Getting The Work – Quality Based Pricing”
Weekly Construction Message: Attention Owners – Look Beyond Low-Bid
ATTENTION OWNERS
Look Beyond Low-Bid
For the past two years, I have been preaching to contractors the wisdom of looking beyond low-bid. I have been frustrated to receive less than enthusiastic responses from a greater majority of contractors. Their reaction to my suggestion to move away from low-bid toward a … Read the rest “Weekly Construction Message: Attention Owners – Look Beyond Low-Bid”
Weekly Construction Message: Beliefs and Harmful Bias
Beliefs
And Harmful Bias
Continuing our Best-in-Class series: Last year we discussed the concept of “unexamined beliefs” and the role they play in the management decision-making process. We talked about how these deeply held beliefs go largely unexamined. That is to say, we aren’t even aware that we believe what … Read the rest “Weekly Construction Message: Beliefs and Harmful Bias”
Weekly Construction Message: The Contract: A Risk Management Tool
The Contract: A Risk Management Tool
Deviation from Plans or Specification Disputes
Contracting is a risky business. Construction projects are high cost, complex team efforts that play out over an extended time period (often many years) with plenty of financial risk to go around. Because construction contracts are, for the … Read the rest “Weekly Construction Message: The Contract: A Risk Management Tool”
Weekly Construction Message: Imagine
Imagine
As I said last week: The Drucker Institute’s 2020 list of the top 250 best-managed companies in America ranks companies based on their ability to integrate the five elements of success Peter Drucker identified in his research.
1. Customer satisfaction
2. Employee engagement and development
3. Innovation
4. Social … Read the rest “Weekly Construction Message: Imagine”
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