Visit Dr. Schleifer’s Business of Construction Library
Learn about the Manual of Construction Practice, Construction Tools, and more!
Beyond Covid Part 2
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
Beyond Covid-19
Beyond COVID-19
I’ve been ringing the “fire bell” constantly since this COVID-19 pandemic broke out in March, and I’m getting tired of hearing my own cautionary tale. This week, I’m making the assumption that construction professionals, now alerted, have taken necessary precautions to survive until this is over.
Beyond COVID
… Read the rest “Beyond Covid-19”
Profitability Equals Viability
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
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”
Capital Reserves – Contractor’s Last Line of Defense
Capital Reserves
Contractor’s Last Line of Defense
For the past three weeks we have been discussing the nature of capital reserves and their importance to contractors trying to manage through the depth and breadth of the current COVIDeconomic downturn.
Construction Industry Business Model
The business model ingrained in the … Read the rest “Capital Reserves – Contractor’s Last Line of Defense”
The New Normal
The New Normal
We are entering the fourth week of this startling, confusing, confounding economic pause. It seems like a lifetime.
Government-mandated cessation of economic activity in the face of a worldwide viral pandemic is a first in human history. The economy didn’t gradually go sour due to an imbalance … Read the rest “The New Normal”
OUR PARTNERS
