by Simplar | Dec 1, 2022 | Built Environment, Business Development, Business Development, Business Development, Business Development, Business of Construction, Weekly Construction Message
Beware DE-flation Thomas c Schleifer, Ph.D. I can hear you. I know what you’re thinking… “DE-flation?!!…I thought we were worried about INFLATION! Rampant cost inflation in materials and wages is the topic du jour – isn’t it? What’s this about DEFLATION?” Let...
by Simplar | Nov 24, 2022 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Can You Be Flexible? Thomas C Schleifer, Ph.D. The construction industry is an outlier that evades classic management theory taught at all the nation’s prestigious business schools. The price of our construction services is set well in advance typically through...
by Simplar | Nov 17, 2022 | Built Environment, Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Cash is King Thomas C Schleifer, Ph.D. For the duration of this disrupted market and potential for recession, move cash flow management to the top of your CFO’s priority list and leave it there. Contractors rarely have enough cash on the balance sheet to see them...
by Simplar | Nov 10, 2022 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Organization Transformation, Weekly Construction Message
Navigating Stormy Seas Thomas C Schleifer, Ph.D The Fed has just imposed another 75-basis point increase in its benchmark interest rate, and now even both sides of congress are howling. Prognosticators are worried that continued increases will push the economy into...
by Simplar | Nov 3, 2022 | Built Environment, Business Failure, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
CLEAN UP YOUR BOOKS Thomas C Schleifer, Ph.D. While operating the nation’s largest workout firm for sureties, I had occasion to audit the financial statements of hundreds of construction companies that had failed mid-project. While the causes of those failures varied...
by Simplar | Oct 27, 2022 | Built Environment, Business of Construction, Leadership, Leadership, Leadership, Leadership
Consolidation Thomas C Schleifer, Ph.D. This post-COVID economic environment is not a normal market. It is a disorderly market that will haunt construction for years. I digressed from my usual reflections last week to encourage industry professionals to change their...
