SUCCESS…ion

SUCCESS…ion

by | Jan 14, 2021 | Succession Planning, Succession Planning

SUCCESS…ion Succession is a Big Deal The magnitude of the succession issue is staggering. Seventy percent of construction enterprises are family-owned. As more than 9 million baby boomers retire in waves, the founders and first-generation baby boomer owners of all...
A Change Order by Any Other Name

A Change Order by Any Other Name

by | Jan 14, 2021 | Change Orders, Change Orders

A Change Order by Any Other Name Designers, owners, and most contractors consider Change Orders a bad thing. Research indicates that overall project performance and contractor profitability is better on jobs with fewer COs than those with many. Even when Change Orders...
The Truth About General Contractors

The Truth About General Contractors

by | Jan 14, 2021 | Managing Subcontractors

Subject: the role of general contractors on a job The Truth About General Contractors Successful general contractors excel at managing the subcontracting process. Some don’t self-preform much work — don’t pour concrete, install ductwork, fit pipes, or apply...
Reality Check #3

Reality Check #3

by | Jan 14, 2021 | Current Events/Interests, Current Events/Interests

Reality Check #3 Risk Mitigation in Growth Markets   In 2014 We Cautioned…   “Our studies reveal a very disheartening fact: Success in the construction industry, even for very long periods, doesn’t guarantee continuing success. In fact, the study indicates clearly...
Flexibility = Profitability

Flexibility = Profitability

by | Jan 14, 2021 | Business Development

Flexibility = Profitability I have been talking for years about “Flexible Overhead” as a fundamental management tool in the construction industry. By Flexible OverheadI mean the ability to expand or contract overhead with the same speed as the construction market...