Experts Make Money

Experts Make Money

Experts Make Money Thomas C Schleifer, Ph.D. Because too many construction projects are priced through a low-bid auction process, contractors have only minimal control over their selling price. Expense inflation over the extended life of a project is hard to control....
Firing Up the Team

Firing Up the Team

Firing Up the Team Thomas C Schleifer, Ph.D. Successful construction professionals build a team in four successive steps: 1. Recruit 2. Train 3. Motivate 4. Retain. This week we’ll take a closer look at motivation. Many in our industry are tough, hands-on personality...
It Takes a Team

It Takes a Team

It Takes a Team Thomas C Schleifer, Ph.D. Even with a visionary founder or CEO firmly in control, a professional team is necessary to execute the founder’s or CEO’s vision of success. As I referenced in last week’s message, day to day management of construction work...
Innovation

Innovation

Innovation Thomas C Schleifer, Ph.D. The construction industry has changed at its core. Most of the labor force that delivered construction services to the nation has retired and taken their unique level of expertise, productivity, and efficiency with them. Those of...
No Guesses – No Surprises, Number Two

No Guesses – No Surprises, Number Two

No Guesses – No Surprises, Number Two Dr Thomas C Schleifer Last week we looked at how a construction CFO crafts a cash flow plan, project by project. A cash flow plan is also an essential part of a construction company’s mid-term (six months to a year)...