The Impact of Beliefs

The Impact of Beliefs

The Impact of Beliefs   Perhaps no other single factor has a greater impact on the management of construction concerns than the unexamined beliefs held by senior management. What we believe to be true, (whether it is or not), affects every choice we make. And our most...
Managing Risk in the Current Boom

Managing Risk in the Current Boom

Managing Risk in the Current Boom   For the past year, this blog has been dealing with the risks hidden in growth and the strategy and tactics required to deal effectively with a volatile construction market. Let’s listen in to an enlightening discussion among...
The Surety

The Surety

  The Surety Construction’s “Sports Book” Sureties operate the “sports book” for the construction industry. They handicap risk by setting rates and issuing bonds. They “book” the contractor’s bet that he will complete a project as contracted. They “set the line”....
Reality Check #3

Reality Check #3

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...