by Simplar | Jan 23, 2025 | Business of Construction, Growth, Leadership, Managing Subcontractors, Weekly Construction Message
In the construction industry, build a reputation and you can build a business. Without a good reputation, you will find yourself at the mercy of wildly fluctuating, highly competitive markets where owners depreciate your value to the level of a commodity that can be...
by Simplar | Jan 9, 2025 | Built Environment, Business Development, Business of Construction, Financial Management and Risk, Financial Management and Risk, Growth, Leadership, Weekly Construction Message
Profit is Our Theme for 2025 Construction industry profit margins are too low. The financial risk we take is too high. Too many competent contractors fail without warning. We need to improve our business management practices this year to improve margins and reduce...
by Simplar | Jan 9, 2025 | Built Environment, Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Leadership, Weekly Construction Message
Looking Ahead to 2025 Thomas C Schleifer, Ph.D. These are the topics we will be discussing in 2025. We’ll be diving a little deeper and our treatment of each topic will be more granular. See you next year. Marketing Reputation Market segmentation Owner...
by Simplar | Dec 12, 2024 | Built Environment, Business of Construction, Leadership, Leadership, Leadership, Weekly Construction Message
A leader, as opposed to a manager or “boss”, has a formidable responsibility to not only manage the current business, which generates significant revenue and needs continual incremental innovation to hit short-term success targets, but also to champion...
by Simplar | Dec 5, 2024 | Built Environment, Business of Construction, Leadership, Leadership, Weekly Construction Message
Entrepreneurs Contractors begin as entrepreneurs. Entrepreneurs generally set out to turn random opportunities into viable organizations that create value. It is our mission to assist construction professionals to develop their own approaches, guidelines, and skills...
by Simplar | Dec 5, 2024 | Built Environment, Business of Construction, Leadership, Leadership, Weekly Construction Message
Unexamined beliefs about the contracting business often lead to management decisions that limit success. That’s the whole point of this recent series of messages. Only after we recognize the existence and impact of unexamined beliefs can we alter our...
