by Simplar | Jan 14, 2021 | Current Events/Interests
Subject: Failure in older companies When Even a Rolex Stops Ticking Recent news from around the world-wide construction industry should cause US construction professionals to pause and ponder. Recent Headlines RIYADH/DUBAI (Reuters) January 2018 – Saudi Arabia...
by Simplar | Jan 14, 2021 | Risk Management
“Let’s Get Real” In a recent article I wrote the following: “There is a downside to the great market we are enjoying because some construction enterprises will grow too fast and the rate of growth can be lethal. Most construction enterprises were involuntarily...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Introduction to Business Planning The best lesson in planning I ever had was not in business school. It was attending a normal weekly contractor staff meeting and listening to an experienced and knowledgeable old-time contractor teach his management team how to manage...
by Simplar | Jan 14, 2021 | Leadership, Leadership
O Captain My Captain Cruise Ship The Captain/Master of a large ocean liner does not steer the ship; that’s the Helmsman. He doesn’t navigate; that’s the First Officer. He doesn’t manage the deck staff; that’s the Bosun, or Boatswain. He doesn’t maintain the engines;...
by Simplar | Jan 14, 2021 | Overhead
Subject: Overhead “CLOSING THE BARN DOOR AFTER THE HORSE HAS BOLTED” by Professor Jake Smithwick, PhD, University of North Carolina at Charlotte Cutting overhead to protect earnings in down markets is a business school cliché. In management theory it is an obvious...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Building on Shifting Sands Millennium Tower in San Francisco is sinking and leaning. The 58-story tower has sunk 17 inches and tilted 14 inches since it was completed in 2008. Engineers want to drill hundreds of steel and concrete “micro piles” down to bedrock under...
