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In Search of Excellence: The CFO
This year we are going from top to bottom in our review of construction’s “best-in-class” management practices. We began at the traditional top of business organizations, the Board of Directors (Advisors). Because the construction industry is largely made up of “closely held” corporations, the board of director’s functions (control and … Read the rest “In Search of Excellence: The CFO”
Hold on to Your Hats
News Flash: Infrastructure Boom
Biden’s $2 trillion “everything but the kitchen sink” infrastructure boom may fizzle in the face of the republican $568 billion traditional “roads and bridges only” counter-proposal. A $1.4 trillion negotiating gap will slow things way down. Don’t 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.
The CEO Sets the Tone
Over 30 … 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 I’m 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”
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