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...
Back To the Beginning Thomas C Schleifer, Ph.D. For 30 years I have been researching the causes of construction business failure. The study began years ago when I operated the largest national consultancy firm completing projects interrupted when bonded contractors...
The Next Normal Thomas C Schleifer, Ph.D. Long term “trends”, not temporary disruptions, are reshaping the construction industry. Last week we cited research that identified 15 construction industry long-term trends. Let’s examine four of them more closely: ...
Disruption Thomas C Schleifer, Ph.D. For the past eight weeks we have been focusing on managing under disorderly market conditions. The feedback I have been getting from industry leaders is that they believe this current disorderly market is a temporary phenomenon...
Strategic Flexibility–Managing in Disorderly Markets Thomas C Schleifer, Ph.D. Last week in a Case Study of Disorderly Markets – we summarized the series of management decisions made by governments in response to post-pandemic economic developments. I...
Disorderly Markets–A Case Study Thomas C Schleifer, Ph.D. Contractors are used to managing in volatile markets that go up and down in predictable cycles. This post pandemic market, however, is not simply cyclical or volatile. It is disorderly. It veers from...
