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Search Past Blogs by Headings Below
The Flash Report
Jan 14, 2021 | Financial Management and Risk
The Flash Report
Last week I highlighted the critical day-to-day usefulness of liquidity ratios in alerting a CEO that he might be flirting with financial difficulty. Today I would like to back up and take a look at the bigger picture – the CFO’s critical role in helping manage a … Read the rest “The Flash Report”
Liquidity
Jan 14, 2021 | Financial Management and Risk
Liquidity
If I learned anything from ten years operating the world’s largest workout firm for sureties engaged in construction bonding, it’s that liquidity (or the lack thereof) is the most important predictive metric on a construction company’s balance sheet. Economic conditions, shrinking construction markets, soaring wage inflation, materials costs, and … Read the rest “Liquidity”
Let’s Get Real
Jan 14, 2021 | Risk Management
“Let’s Get Real”
In a recent article I wrote the following:
“There is a downside to the great market we are enjoying because some construction enterprises will grow too fast and the rate of growth can be lethal. Most construction enterprises were involuntarily downsized when the current market recovery began. … Read the rest “Let’s Get Real”
Common Sense
Jan 14, 2021 | Procurement
COMMON SENSE
by Brian Lines, Ph.D., Assistant Professor, University of Kansas
Construction industry research usually begins with an everyday practical problem brought to a university faculty by construction industry professionals. Unfortunately, the resulting published research papers can often sound “academic”, “complex,” and “theoretical” to construction practitioners laboring in the field. … Read the rest “Common Sense”
The R-Score
Jan 14, 2021 | Financial Management and Risk
To See Ourselves As We Really Are
To See Ourselves As We Really Are
Subject: The 5 Stages of Growth
The company I founded worked for sureties across the country completing failed construction projects the sureties had bonded. During this period, I assisted in the resolution or salvage of hundreds of distressed or failed construction firms and … Read the rest “To See Ourselves As We Really Are”
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