by Simplar | Jun 23, 2021 | Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Weekly Construction Message
This blog is the culmination of our series on the CFO’s role in the management of construction companies. I have been attempting to lay out the “Best in Class” management practices that apply to the CFO. The feedback from the accounting profession...
by Simplar | Jun 16, 2021 | Business Development, Business Development, Leadership, Leadership, Leadership, Weekly Construction Message
As the world’s economy emerges from pandemic slumber, I’m hearing familiar rumblings from the contractors I talk to every day. Keep in mind that the construction market is not back yet. The Chatter “Material inflation is killing me. The contracts I...
by Simplar | Jun 2, 2021 | Business Development, Business Development, Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
My overview of the construction industry breaks down the management function into three broad categories: 1. Getting the work 2. Doing the work 3. Accounting for the work. The Chief Financial Officer’s (CFO’s) role in “Accounting for the work” is...
by Simplar | May 25, 2021 | Business Development, Business Development, Leadership, Leadership, Leadership, Weekly Construction Message
Engineering is a science and contractors tend to think like scientists. Tangible, measurable metrics speak to us contractors. Opinions, feelings, and guesses get less attention. Some construction professionals think that construction industry academics like myself...
by Simplar | May 12, 2021 | Business Development, Business Development, Leadership, Leadership, Weekly Construction Message
This year we are going from top to bottom in our review of construction’s “best-in-class” management practices. We began at the traditional top of business organizations, the Board of Directors (Advisors). Because the construction industry is largely made up of...
by Simplar | Apr 14, 2021 | Leadership, Leadership, Weekly Construction Message
How to Assemble a Board of Advisors I often mention that the construction industry has the highest failure rate of all industries with the exception of restaurants. Most of my readers infer from this statistic that I’m implying construction’s failure rate is due...
