The Science of Business Management

The Science of Business Management

The Science of Business Management  There seems to be some misconception about what it takes to manage a construction business. Hard-working construction people who make the transition from employee to self-employed usually have an ample dose of common sense combined...
The Bottom Line is The Bottom Line

The Bottom Line is The Bottom Line

The Bottom Line is The Bottom Line This past year and a half we have all been subjected to a stress test. We have been trying to keep ourselves and our loved ones safe from one of the deadliest viral pandemics in human history. We are struggling to understand the...
Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside Two weeks ago, I ended the message by expounding Schleifer’s First Law: Contractors Thrive During Stable Markets Today, I begin with Schleifer’s Second Law of Market Dynamics: There is No Such Thing as a Stable...
INTRODUCING: The Secrets to Construction Business Success

INTRODUCING: The Secrets to Construction Business Success

INTRODUCING: The Secrets to Construction Business Success (Thomas C. Schleifer, PhD., Mounir El Asmar, PhD., Routledge, 12/21) “The construction industry has changed dramatically over the years and continues to become more sophisticated, employing new...
Labor Shortages to Clogged Supply Chains What’s going on around here?

Labor Shortages to Clogged Supply Chains What’s going on around here?

“Just when I thought I was out…They dragged me back in!”  (The Godfather) That is a quote from the movie The Godfather that I also heard from a contractor trying to deal with the whipsaw starts and stops torturing post-pandemic construction markets. ...
The Care and Feeding of the Workforce – A Culture Case Study

The Care and Feeding of the Workforce – A Culture Case Study

My interest in corporate cultures began with a productivity research project that brought to light the impact of the attitude of workers putting in the footings for a new project.  We were trying to determine if the workers’ understanding of what they were...