BOOM AND BUST Subject: construction market cycles The construction recession is finally over and boom times are upon us once again. Everyone is signing new contracts and business plans are bursting at the seams. And this is even before the Republican administration in...
To See Ourselves As We Really Are Subject: The 5 Stages of Growth The company I founded worked for sureties across the country completing failed construction projects the sureties had bonded. During this period, I assisted in the resolution or salvage of hundreds of...
Cash is Slippery For the past few months we have been dealing with the risk factors hidden in growth markets and the risk mitigation techniques that construction management might employ. Now it is time to cut to the chase and identify the mother of all risk –...
Key Personnel Retention Growth Risk Factor Four Thirty years of research into the causes of contractor failure has revealed that when companies aggressively participate in growth construction markets, they encounter five recurrent and industry-wide elements of risk...
Dangerous DNA Americans are competitive. We were raised in the world’s “land of opportunity” where doing better than our forebears was not only encouraged but expected. This ingrained expectation to “do better” drives the second and third generation of construction...
