by Simplar | Nov 10, 2022 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Organization Transformation, Weekly Construction Message
Navigating Stormy Seas Thomas C Schleifer, Ph.D The Fed has just imposed another 75-basis point increase in its benchmark interest rate, and now even both sides of congress are howling. Prognosticators are worried that continued increases will push the economy into...
by Simplar | Nov 3, 2022 | Built Environment, Business Failure, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
CLEAN UP YOUR BOOKS Thomas C Schleifer, Ph.D. While operating the nationās 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...
by Simplar | Oct 27, 2022 | Built Environment, Business of Construction, Leadership, Leadership, Leadership, Leadership
Consolidation Thomas C Schleifer, Ph.D. This post-COVID economic environment is not a normal market. It is a disorderly market that will haunt construction for years. I digressed from my usual reflections last week to encourage industry professionals to change their...
by Simplar | Oct 20, 2022 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Organizational Change Management, Organizational Change Management, Organizational Change Management, Partnering, Planning, PM, Procurement, Project Delivery, Risk Management, Risk Management, Risk Management, Risk Management, Weekly Construction Message
IF Thomas C Schleifer, Ph.D. It is somehow comforting when other experts confirm your view of the world. Just this week in Engineering News Record:Ā ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
by Simplar | Oct 13, 2022 | Built Environment, Business of Construction, Leadership, Leadership, Leadership, Weekly Construction Message
Productivity – The Only Way Out Thomas C Schleifer, Ph.D. There is a difference between cycles and trends. For example, the supply chain bottle neck caused by COVID is a disruption that will cycle away as China opens, truck drivers return to work, and the...
by Simplar | Oct 6, 2022 | Built Environment, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Project Delivery, Weekly Construction Message
Defense Mechanisms Thomas C Schleifer, Ph.D. Last week we renamed the impending “recession” being brought on by the Fed’s interest rate battle against inflation – “bottom-line recessionā – for the construction industry. Bottom-line...
