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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”
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”
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