Growth and success are almost synonymous in the construction lexicon. There are a couple of reasons for this: Ongoing business for construction contractors is, in fact, new business. As soon as we sign one contract, we begin to look for the next. Contractors must...
Construction top executives come up through the ranks of the construction trades or through formal education which is usually in construction management or engineering degree. This genesis bends the construction professional’s profile toward the hands-on builder who,...
From Builder to Manager Thomas C Schleifer, Ph.D. With the possible exception of prostitution, construction is the world’s oldest industry. It is, however, a business unlike any other. All modern industrial companies introduce a product or service to the marketplace...
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....
Secrets To Success Thomas C Schleifer, Ph.D. Last week we posted the final blog in our series on managing a construction company in disorderly markets. Today we begin a series on the secrets to construction business success. Much attention has been paid to contractor...
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...
