by Simplar | May 12, 2021 | Business Development, Business Development, Leadership, Leadership, Weekly Construction Message
This year we are going from top to bottom in our review of construction’s “best-in-class” management practices. We began at the traditional top of business organizations, the Board of Directors (Advisors). Because the construction industry is largely made up of...
by Simplar | May 4, 2021 | Business Development, Leadership, Weekly Construction Message
Hold on to Your Hats The Post-Pandemic Economic Recovery is Off and Running The Good News: All Flags Are Up for the Economy Economic output grew at a 6.4% annualized rate in the first three months of the year. Personal consumption grew 10.7% – the second-fastest...
by Simplar | Jan 14, 2021 | Business Development
Flexibility = Profitability I have been talking for years about “Flexible Overhead” as a fundamental management tool in the construction industry. By Flexible OverheadI mean the ability to expand or contract overhead with the same speed as the construction market...
by Simplar | Jan 14, 2021 | Business Development, Business Development
Stop the Madness A subcontractor’s Perspective Construction projects are highly complex, collaborative, interdependent, long-lasting, team efforts whose exact final cost is, in point of fact, impossible to estimate. It has never been a matter of skullduggery or...
by Simplar | Jan 14, 2021 | Business Development, Business Development
Cut the Payroll Not the Culture Even though we have never experienced a viral contagion on the scale of this pandemic before, we have, in fact, recently experienced a similar business interruption called the Great Recession of 2008. We know about suddenly shrinking...
by Simplar | Jan 14, 2021 | Business Development
If You Take Your Eye Off the Ball You’ll Strike Out The Last Downturn The 2008-2012 construction market downturn hit residential construction first. The burst of the $8 trillion housing bubble in 2007, and the subsequent collapse of the financial markets in 2008,...