by Simplar | Jan 14, 2021 | Succession Planning, Succession Planning
Succession Dilemmas When Construction Companies Outgrow the Founder Case Study The founder and aging CEO of a fast-growing construction company recently asked me to help him with his succession problem. He summed it up with one memorable sentence; “What in God’s name...
by Simplar | Jan 14, 2021 | Current Events/Interests, Current Events/Interests
Reality Check #3 Risk Mitigation in Growth Markets In 2014 We Cautioned… “Our studies reveal a very disheartening fact: Success in the construction industry, even for very long periods, doesn’t guarantee continuing success. In fact, the study indicates clearly...
by Simplar | Jan 14, 2021 | Dispute Resolution, Dispute Resolution
Construction Dispute Resolution Threshold In Disagreements Size Matters by Thomas C Schleifer and Bob Rubin, Esq. For many years we have studied the causes of construction business failures and how to avoid them. During my years in the surety consulting business and...
by Simplar | Jan 14, 2021 | Financial Management and Risk, Financial Management and Risk
Sources and Uses of Funds In our ongoing discussion of risk throughout 2018, the multiple risk factors identified boiled down to one core flaw that brought down the majority of failed contractors – a shortage of capital. For one reason or another, the failed...
by Simplar | Jan 14, 2021 | Change Management, Change Management, Change Management
2020 The Year of Solutions This blog spent the entire year of 2019 identifying the business risks hidden in the complex opaque nature of the construction industry. 2020 will be the year of solutions. Every week we will select a risk identified in 2019 and explain...
by Simplar | Jan 14, 2021 | Change Management, Change Management, Change Management
Where-How-Why ” If You Don’t Know Where Your Going, You’re Probably Not Going to Get There.” (An Ancient Chinese Proverb) As we have discussed over the past two weeks, the reason most construction company CEOs resist engaging in formal strategic planning is that...
