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...
Recession – Yes or No? Thomas C Schleifer, Ph.D. As the Fed uses interest rates to joust with inflation, everyone wants to know if we’re headed into a recession. The dreaded R word is on everybody’s mind. Do I think we’re in for an immediate recession? How severe will...
Back To the Beginning Thomas C Schleifer, Ph.D. For 30 years I have been researching the causes of construction business failure. The study began years ago when I operated the largest national consultancy firm completing projects interrupted when bonded contractors...
Disorderly Markets–A Case Study Thomas C Schleifer, Ph.D. Contractors are used to managing in volatile markets that go up and down in predictable cycles. This post pandemic market, however, is not simply cyclical or volatile. It is disorderly. It veers from...
The CFO Risk Manager Dr Thomas C Schleifer Contractors are professional gamblers who place big bets that they can profit from complex transactions that often take years to complete. If they’re operating in familiar stable markets, they believe they can win the...
Economic Schizophrenia Dr Thomas C Schleifer Surging inflation, global energy supply shortages, Russia’s invasion of the Ukraine, and Chinese pandemic-related disruptions to economic activity have brewed the perfect storm of economic instability. The...
