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Managing Risk in the Current Boom
Managing Risk in the Current Boom
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For the past year, this blog has been dealing with the risks hidden in growth and the strategy and tactics required to deal effectively with a volatile construction market.
Letās listen in to an enlightening discussion among specialty contractors published recently by Gary Tulacz … Read the rest “Managing Risk in the Current Boom”
Peer Pressure – Leadership: Side by Side
Peer Pressure
Leadership: Side by Side
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It is a clichĆ© in parenting that āpeer pressureā has more impact on a childās conduct than all the teachers, parents, and authority figures combined. Letās face it. Your buddies could convince you to try things. Your principal was just a nice old man … Read the rest “Peer Pressure – Leadership: Side by Side”
Reality Check #3
Reality Check #3
Risk Mitigation in Growth Markets
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In 2014 We Cautionedā¦
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āOur studies reveal a very disheartening fact: Success in the construction industry, even for very long periods, doesnāt guarantee continuing success. In fact, the study indicates clearly that every change in a successful organization, particularly growth, creates a … Read the rest “Reality Check #3”
Capital Management – Part 4: Financial Capacity
Capital ManagementĀ
Part 4
Financial Capacity
When Babe Ruth was asked how he used to hit his way out of a batting slump, he replied, āI remembered to keep my eye on the ball.ā
This series of blogs on capital management are intended to be a reminder to construction professionals … Read the rest “Capital Management – Part 4: Financial Capacity”
Profitability Equals Viability
Profitability Equals Viability
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Dateline:Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Engineering News Record, August 26, 2020,
Debra K. Rubin and Peter Reina
ā…As it moves away from lump-sum contracting, in the wake of project charges and recent quarter losses to focus on higher-margin engineering,Ā Montreal-based SNC Lavalin Inc. has named Robert E. “Bob” Alger, former president, … Read the rest “Profitability Equals Viability”
Beyond Covid-19
Beyond COVID-19
Iāve been ringing the āfire bellā constantly since this COVID-19 pandemic broke out in March,Ā and Iām getting tired of hearing my own cautionary tale. This week, Iām making the assumption that construction professionals, now alerted, have taken necessary precautions to survive until this is over.
Beyond COVID
… Read the rest “Beyond Covid-19”
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