Make Friends with Trends

Make Friends with Trends

Make Friends with Trends Thomas C Schleifer, Ph.D. We have been discussing managing construction companies profitably under post-pandemic disruptive market conditions. Studying what we labeled “disruptions” (run-away cost inflation, impending recession, supply chain...
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...
Can You Be Flexible?

Can You Be Flexible?

Can You Be Flexible? Thomas C Schleifer, Ph.D. The construction industry is an outlier that evades classic management theory taught at all the nation’s prestigious business schools. The price of our construction services is set well in advance typically through...
Defense Mechanisms

Defense Mechanisms

Defense Mechanisms Thomas C Schleifer, Ph.D. Last week we renamed the impending “recession” being brought on by the Fed’s interest rate battle against inflation – “bottom-line recession” – for the construction industry. Bottom-line...
In The Eye of the Beholder

In The Eye of the Beholder

In The Eye of the Beholder Thomas C Schleifer, Ph.D. Wall Street investment advisors are beginning to act like contractors. Hedge fund managers now value tech companies based on a multiple of future revenues rather than a multiple of past earnings. Revenues trump...