Select Page
The Problem with the Construction Business

The Problem with the Construction Business

by | Aug 7, 2025 | Built Environment, Business Development, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Growth, Leadership, Weekly Construction Message

In last week’s message I closed my eyes and dropped a bomb. Did you hear it? If not, I suggest you go back and reread last week’s message. For me to admit to my readers that construction financial accounting is, to a large degree inaccurate, is I assure...
Prior and Proper Preparation Prevents Poor Performance

Prior and Proper Preparation Prevents Poor Performance

by | Feb 13, 2025 | Built Environment, Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Change Management, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Labor & Labor Issues, Leadership, Leadership, Managing Subcontractors, Project Selection, Project Teams, Risk Management, Weekly Construction Message

Designers avoid risk, owners prefer to pass it along, and contractors absorb it. Today’s construction risk environment is dramatically different than it was in the last several decades, and risk factors are mutating just enough to be almost unrecognizable. It is...
Look Before You Leap

Look Before You Leap

by | Feb 6, 2025 | Built Environment, Business Development, Business of Construction, Business, Strategic & Project Planning, Financial Management and Risk, Leadership, Leadership, Organizational Change Management, Risk Management, Risk Management, Weekly Construction Message

Contracting is a risky business that works because contractors are risk takers. Every time we acquire a new project we are leaping into the unknown. No one has ever built this next project, and no one can predict its uncertain outcome.  Is there uncertainty that the...
You Pick the Project

You Pick the Project

by | Jan 30, 2025 | Business Development, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Project Selection, Project Selection, Weekly Construction Message

Don’t let the project pick you. In other words, don’t be tempted to take any project that comes along. Too many contractors scour the marketplace for any project they might be able to snag. They fashion a bid that they think will be competitive but often...