We Are the World Thomas C Schleifer, Ph.D. The construction industry functions in a world economy beyond our national borders. The United States is the 2nd largest importer of building construction materials in the world, importing most of it from China, South Korea,...
Firing Up the Team Thomas C Schleifer, Ph.D. Successful construction professionals build a team in four successive steps: 1. Recruit 2. Train 3. Motivate 4. Retain. This week we’ll take a closer look at motivation. Many in our industry are tough, hands-on personality...
Managing Working Capital Thomas C Schleifer, Ph.D. As we noted last week, the primary cause of construction business failure is running out of money. Why when contractors run out of money is it so often a surprise? Financing Growth American industry is addicted to...
In The Eye of the Beholder Thomas C Schleifer, Ph.D. Wall Street investment advisors are beginning to act like contractors. Hedge fund managers now value tech companies based on a multiple of future revenues rather than a multiple of past earnings. Revenues trump...
SIZE MATTERS Warren Buffet once famously said: “I buy expensive suits… They just look cheap on me.” In this disrupted, unpredictable market of 2022, project selection may be the most important decision construction senior management will make. Last...
To See Ourselves As We Really Are Subject: The 5 Stages of Growth The company I founded worked for sureties across the country completing failed construction projects the sureties had bonded. During this period, I assisted in the resolution or salvage of hundreds of...
