by Simplar | Jan 14, 2021 | Leadership, Leadership
Beyond COVID Part 3 Construction Company Self-Analysis After taking steps to mitigate the negative effects of the current pandemic-induced construction market contraction, this “Beyond COVID” blog series attempts to look beyond this market cycle and imagine what...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Present Moment Management During Evolving Market Cycles I have expressed concern since the onset of this pandemic that the construction industry does not recognize the reality of the market downturn that is overtaking us. It is difficult to react to changing market...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
How to Write A Strategic Plan During This COVID Economic Downturn A constant search for answers caused me to look back at some of the work we did on managing construction concerns in cyclical markets. I took a look at the teaching in Managing the Profitable...
by Simplar | Jan 14, 2021 | Business Development
If You Take Your Eye Off the Ball You’ll Strike Out The Last Downturn The 2008-2012 construction market downturn hit residential construction first. The burst of the $8 trillion housing bubble in 2007, and the subsequent collapse of the financial markets in 2008,...
by Simplar | Jan 14, 2021 | Business Development, Business Development
Cut the Payroll Not the Culture Even though we have never experienced a viral contagion on the scale of this pandemic before, we have, in fact, recently experienced a similar business interruption called the Great Recession of 2008. We know about suddenly shrinking...
by Simplar | Jan 14, 2021 | Change Management, Change Management, Change Management, Change Management
Pivot to Planning The focus of the country’s pandemic response has shifted from managing a public health crisis to reopening the economy. Construction concerns will be pivoting from immediate survival measures to planning for an uncertain future. Exactly what the rest...