by Simplar | Jan 14, 2021 | Overhead
Overhead: A Silent Killer Originally Published in ENR September 16, 2015 See the original article here As part of our research into the recent downturn, my Arizona State University colleagues and I surveyed U.S. construction companies to discover what overhead they...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
INSIGHTS INTO THE RISK OF FAILURE If thatās all it takes to succeed in the construction business is a pickup truck, a box of tools, a cast-iron stomach, and a forgiving wife, why do so many contractors fail? Check next to the causes listed below that you believe most...
by Simplar | Jan 14, 2021 | Financial Management and Risk
DONāT SHOOT THE MESSENGER Subjects: finances, CFOs, accounting In our industry the accounting function is not given the status and significance it should have. In more than half of the construction failures I dealt with, the following scene played itself out over and...
by Simplar | Jan 14, 2021 | Succession Planning, Succession Planning
YOU Are the Company Subjects: What makes a company, successionĀ Ā āA closely held construction company is the sum and substance of its experience. All of that sum and substance resides in its peopleā.Ā (Dr. Thomas Schleifer) Think about that for a minute. Most of us...
by Simplar | Jan 14, 2021 | Change Management, Change Management, Change Management
All Management Is Change Management Doing the same thing over and over and expecting different results simply does not and will not work. Managerās Reality Check: Is this my management style? Do I keep steering my company down the same path because Iām familiar with...
by Simplar | Jan 14, 2021 | Current Events/Interests, Current Events/Interests
DOES WHAT HAPPENS ON THE OTHER SIDE OF THE WORLD… MATTER TO US? Subject: Construction in China Within the next 10 years the World Economic Forum says that China will account for nearly half of new construction worldwide making it the worldās biggest building...
