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 | Risk Management
Recognizing and Managing Risk Evolving Market – Same Risks Are You Risking Your Company By Growing Too Fast The New Rules of Risk… Read the rest “Recognizing and Managing...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection
Project Selection Process The project selection tool provides an accurate measurement of project selection risk based upon what is known or not known about a potential project at a given point in time, and how well the project matches the firm’s experience. Download...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
INSIGHTS INTO THE RISK OF FAILURE If that’s 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
DON’T 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, succession “A closely held construction company is the sum and substance of its experience. All of that sum and substance resides in its people”. (Dr. Thomas Schleifer) Think about that for a minute. Most of us...