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The R-Score
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”
Risk is Not a Dirty Word
Risk is Not a Dirty Word
Over the last thirty years I have conducted literally hundreds of seminars with construction professionals covering an array of issues concerning the business of contracting. Along the way I have noticed that whenever I bring up risk, the audiences glances through notes, wanders to … Read the rest “Risk is Not a Dirty Word”
Reality Check #3
Reality Check #3
Risk Mitigation in Growth Markets
In 2014 We Cautioned…
“Our studies reveal a very disheartening fact: Success in the construction industry, even for very long periods, doesn’t 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”
Productivity a Risk Factor
Productivity
A Risk Factor
Our ongoing discussion of Risk has led us to take a look at labor productivity. One of the most important factors in accurate estimating, planning, and executing profitable contracts is forecasting a productive labor force that can produce the desired output. However, accurate estimates of … Read the rest “Productivity a Risk Factor”
Sources and Uses of Funds
Sources and Uses of Funds
In our ongoing discussion of risk throughout 2018, the multiple risk factors identified boiled down to one core flaw that brought down the majority of failed contractors – a shortage of capital. For one reason or another, the failed contractors simply ran out of … Read the rest “Sources and Uses of Funds”
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