by Simplar | Aug 27, 2026 | Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Growth, Weekly Construction Message
A strategic plan establishes ambitions such as profitable growth, stronger safety performance, improved schedule reliability, or expansion into new markets. However, those ambitions will remain broad statements unless managers and employees understand how their daily...
by Simplar | Aug 20, 2026 | Business Development, Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
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...
by Simplar | Aug 13, 2026 | Business of Construction, Business, Strategic & Project Planning, Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
The strategic planning that we have been discussing can be converted into a highly effective business management tool by turning ambition into a definite action plan. What Strategic Planning Decides The strategic planning process identifies what markets to pursue, how...
by Simplar | Aug 7, 2026 | Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Leadership, Leadership, Weekly Construction Message
I often define strategic planning as an ongoing mental organizational process used to point your company in a direction and help leaders and employees share goals, establish priorities, and allocate resources so that everyone’s daily actions support the...
by Simplar | Jul 23, 2026 | Business, Strategic & Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Leadership, Risk Management, Weekly Construction Message
“If you don’t know where you’re going – you’re probably not going to get there.” I quote this ancient Chinese proverb every time I talk about strategic planning. The contracting business does not lend itself to long-term planning....
by Simplar | Jun 18, 2026 | Business, Strategic & Project Planning, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Managing a day-to-day construction business using the three traditional financial statements alone leaves an important financial metric (Cash Flow) difficult to determine accurately on a real time basis. Using the percentage of completion accounting method results in...
