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Warren Buffett’s Beliefs
The simplest definition of conglomerate is - a number of different things or parts that are put or grouped together to form a whole but remain distinct entities. What a perfect description of a construction company! As I have said so often in the past, each time a...
Span of Control
Growth and success are almost synonymous in the construction lexicon. There are a couple of reasons for this: Ongoing business for construction contractors is, in fact, new business. As soon as we sign one contract, we begin to look for the next. Contractors must...
Corporate Darwinism
The term "Corporate Darwinism" was the title of a business book published in 1966 that tracked the stages of birth, growth, and death of the typical American industrial corporation. According to the research, all start-ups that survive pass through these five...
From Art to Science
Construction top executives come up through the ranks of the construction trades or through formal education which is usually in construction management or engineering degree. This genesis bends the construction professional’s profile toward the hands-on builder who,...
Old Beliefs = New Risks
This year we have been examining the reality that our beliefs impact our business decision making. From the very beginning as children, we lay down little truths in our brain stem that never again come up for examination. This is how the human brain helps the race...
Look Before You Leap
There is no time like the present. 2024 is our year to improve profit margins, increase cash flow, and stabilize our businesses. We will begin at the beginning when we prepare bids and sign contracts. This is the first tentative step we all take into the mine field of...
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