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Beware the Pitfalls of Your Beliefs
Jan 14, 2021 | Leadership
Beware the Pitfalls
Of Your Beliefs
Over these past six weeks, we have taken the opportunity during the COVID pandemic discussions to evaluate construction organization performance against the performance of “best in class” construction firms. The Construction Company Self-Analysis form you filled out two weeks ago was designed to … Read the rest “Beware the Pitfalls of Your Beliefs”
Beyond Covid Part 4
Jan 14, 2021 | Leadership, Leadership
Beyond COVID
Part 4
Executing Change
If you have filled out your “Self-Analysis” and scored your company against the most successful companies, you are probably considering making some changes.
Change is Difficult
Simplar’s research into over 350 different organizational change initiatives demonstrates that organizational change is difficult. “The average success … Read the rest “Beyond Covid Part 4”
Beyond Covid Part 3
Jan 14, 2021 | Leadership, Leadership
Beyond COVID
Part 3
Construction Company Self-Analysis
After taking steps to mitigate the negative effects of the current pandemic-induced construction market contraction, this “Beyond COVID” blog series attempts to look beyond this market cycle and imagine what we would want our companies to look like when the market starts to … Read the rest “Beyond Covid Part 3”
Beyond Covid Part 2
Jan 14, 2021 | Leadership
Beyond COVID
Part 2
Your Company Renewed
Last week we began a series of blogs on looking beyond this sudden COVID pandemic market contraction to reimagine your company “Post-COVID”. Major events like this present an opportunity to improve any company’s profitability and efficiency into the future.
Improvement implies change
Profitability Equals Viability
Jan 14, 2021 | Financial Management and Risk
Profitability Equals Viability
Dateline: Engineering News Record, August 26, 2020,
Debra K. Rubin and Peter Reina
“…As it moves away from lump-sum contracting, in the wake of project charges and recent quarter losses to focus on higher-margin engineering, Montreal-based SNC Lavalin Inc. has named Robert E. “Bob” Alger, former president, … Read the rest “Profitability Equals Viability”
Capital Management – Part 4: Financial Capacity
Jan 14, 2021 | Cash Flow (Getting Paid)
Capital Management
Part 4
Financial Capacity
When Babe Ruth was asked how he used to hit his way out of a batting slump, he replied, “I remembered to keep my eye on the ball.”
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”
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