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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”
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”
Overhead
Jan 14, 2021 | Overhead
Overhead
This economic slowdown caused by the coronavirus pandemic presents an opportunity for senior construction management to reevaluate and renew their companies, preparing to participate fully in the growth market cycle that will surely follow the downturn.
As I have said many times, construction activity lags the US economy by … Read the rest “Overhead”
Why Megaprojects So Often Fail
Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects So Often Fail
With a total capital cost of $1 billion or more, megaprojects are extremely risky ventures, notoriously difficult to manage, and often fail to achieve their original objectives. The question is why. The construction industry is one of the oldest and largest industries in human commercial … Read the rest “Why Megaprojects So Often Fail”
Size Matters
Jan 14, 2021 | Business, Strategic & Project Planning
Size Matters Megaprojects fail often because they’re too big and complex for even large, highly sophisticated contracting firms to plan accurately and manage effectively. At the same time, smaller contractors trying to grow their companies often jump too far and...
The Big Dig
Jan 14, 2021 | Business Failure, Business Failure
The Big Dig
No discussion of the failure rate of megaprojects would be complete without a careful look at Boston’s Big Dig, the largest and most challenging highway project in the history of the United States. Few megaprojects have been accused by so many of taking longer and costing more … Read the rest “The Big Dig”
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