by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Size Matters Megaprojects fail often because they’re too big and complex for even large, highly sophisticated contracting firms to plan accurately and manage effectively. At the same time, smaller contractors trying to grow their companies often jump too far and...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects So Often Fail With a total capital cost of $1 billion or more, megaprojects are extremely risky ventures, notoriously difficult to manage, and often fail to achieve their original objectives. The question is why. The construction industry is one of...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Capital Reserves Contractor’s Last Line of Defense For the past three weeks we have been discussing the nature of capital reserves and their importance to contractors trying to manage through the depth and breadth of the current COVIDeconomic downturn. Construction...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
How to Write A Strategic Plan During This COVID Economic Downturn A constant search for answers caused me to look back at some of the work we did on managing construction concerns in cyclical markets. I took a look at the teaching in Managing the Profitable...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
The Top Ten Leadership Skills Needed To Navigate the Current Pandemic Business Environment “These Are the Times That Try Men’s Souls” – (Thomas Paine). In uncertain times, we tend to navigate in fits and starts, first reacting one way, then another, often...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
The New Normal We are entering the fourth week of this startling, confusing, confounding economic pause. It seems like a lifetime. Government-mandated cessation of economic activity in the face of a worldwide viral pandemic is a first in human history. The economy...
