Read the Roadmap

Read the Roadmap

If you have not read last week’s message you should go back and read it at least twice, take notes, think about it and talk to other employees about it. Internalize as much of the content as you can and then read today’s blog. Wandering Effective business...
The Purpose of Business is to Make a Profit

The Purpose of Business is to Make a Profit

  Warren Buffet was a businessman. He never drove a train, wrote an insurance policy, built an office tower, or miniaturized a computer. He strictly analyzed an existing business’s ability to make a profit over an extended period and invested an appropriate...
2025 to 2026

2025 to 2026

Even as the New Year has dawned, I offer these final thoughts on the year just passed. If I could sum up this past year’s dialogue into one overall theme I would say, “Managing a construction business is a completely different activity from managing a...
The Problem with the Construction Business

The Problem with the Construction Business

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

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...