by Simplar | Jul 7, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Leadership, Leadership, Leadership, Weekly Construction Message
Experts Make Money Thomas C Schleifer, Ph.D. Because too many construction projects are priced through a low-bid auction process, contractors have only minimal control over their selling price. Expense inflation over the extended life of a project is hard to control....
by Simplar | Jun 8, 2023 | Business Development, Labor & Labor Issues, Labor & Labor Issues, Leadership, Leadership, Leadership, Leadership, Organizational Change Management, Weekly Construction Message
The Secret to Training Thomas C Schleifer, Ph.D. Apprentice training programs for the construction trades follow a well-established protocol. For the most part apprentices are trained on the job for three or four years before they are considered journeymen or women....
by Simplar | Mar 16, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Innovation Thomas C Schleifer, Ph.D. The construction industry has changed at its core. Most of the labor force that delivered construction services to the nation has retired and taken their unique level of expertise, productivity, and efficiency with them. Those of...
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 | May 19, 2022 | Business Development, Business Development, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
No Guesses – No Surprises, Number Two Dr Thomas C Schleifer Last week we looked at how a construction CFO crafts a cash flow plan, project by project. A cash flow plan is also an essential part of a construction company’s mid-term (six months to a year)...
by Simplar | Apr 9, 2022 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Labor & Labor Issues, Labor & Labor Issues, Labor & Labor Issues, Weekly Construction Message
Right Sizing Construction firms grow organically. The start-up contractor hires help as he or she goes along adding overhead as needed to handle the expanding workload. In other words, they are “backfilling” after the work comes in. This is organic growth...
