by Simplar | Jan 14, 2021 | Financial Management and Risk
Russian Roulette Remember Russian roulette, the lethal game of chance found in the story, “The Fatalist”, by Russian poet Mikhail Lermontov? You take a revolver which has six empty chambers, insert a single cartridge, and then give the cylinder a good spin. When the...
by Simplar | Jan 14, 2021 | Leadership, Leadership
Construction May Be Our Long-Term Salvation Any hope that the coronavirus pandemic would quickly diminish, and the world’s economy would soon be getting back to business as usual, has evaporated. While the pandemic seemed to have been controlled in some states that...
by Simplar | Jan 14, 2021 | Business Failure
Bad Beliefs The Root of All Evil It took me 30 years of research to get to the hidden root cause of construction business failures: Bad management decisions are caused by firmly held bad beliefs. Beliefs In other words, whether we are aware of it or not, every...
by Simplar | Jan 14, 2021 | Organizational Change Management, Organizational Change Management
New Year’s Resolutions 2020 has been an unusual year to say the least. Starting with a growing construction market that was anticipating a huge infrastructure bill coming out of Congress and struggling with a critical shortage of skilled labor, the year was suddenly...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects Fail Part IV Institutional Structure Our discussion over the past few weeks has centered on the failure of megaprojects to come in on budget or on schedule. Two more examples: High Speed 2 High Speed 2, the United Kingdom’s planned train line...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
The Big Dig No discussion of the failure rate of megaprojects would be complete without a careful look at Boston’s Big Dig, the largest and most challenging highway project in the history of the United States. Few megaprojects have been accused by so many of taking...
