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2022 Construction Inflation Alert
2022 Construction Inflation Alert
Many construction industry executives seem to believe that “runaway” inflation is the story of 2021 and not the theme for 2022. Today we are suspending speculation and simply recording the current construction inflation data collected by the Bureau of Labor Statistics. It is time to … Read the rest “2022 Construction Inflation Alert”
INFLATION – 2022/23
INFLATION – 2022/23
Recent conversations with construction CEOs reveal that many industry professionals believe the current inflation spike is only a blip on the economic radar screen that will fade as soon as the supply chain is untangled. I would like to submit, however, that the causes of this most … Read the rest “INFLATION – 2022/23”
Size Matters
SIZE MATTERS
Warren Buffet once famously said:
“I buy expensive suits…
They just look cheap on me.”
In this disrupted, unpredictable market of 2022, project selection may be the most important decision construction senior management will make. Last week we discussed what we called specialization, “sticking to your knitting” … Read the rest “Size Matters”
Strategy for Success in 2022 – An Unpresented Market
Strategy for Success in 2022 – An Unpresented Market
For the entire year this blog will be trying to help construction professionals fashion a response to the four factors that are affecting the 2022 construction market: (1) Inflation (2) Shortage of skilled labor (3) Supply chain interruptions (4) Materials shortages … Read the rest “Strategy for Success in 2022 – An Unpresented Market”
Building Your Team – Board of Advisors
Building Your Team – Board of Advisors
Continuing our Science of Construction Business Management Series: If this confounded pandemic has taught us anything, it’s that running a construction company during this era is complex. The ever-grinding shortage of skilled labor, the scarcity of materials caused by medical absenteeism at … Read the rest “Building Your Team – Board of Advisors”
Build and Maintain Your Company Like A College Football Coach
Build and Maintain Your Company Like A College Football Coach
A successful construction company is a team of talented individuals who collectively provide clients with timely, on-budget construction services. From a human resource perspective, a construction company is similar to a college football team. Both teams are assembled, trained, motivated, … Read the rest “Build and Maintain Your Company Like A College Football Coach”
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