by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Complexity (The Big Dig) Part 2 The list of top megaprojects with mega-cost overruns reads like a who’s/who of construction’s biggest deals. The Suez Canal ran 1,900% over the original budget. The Sydney Opera House came in 1,600% over budget. The Boston Artery...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
How to Write A Strategic Plan During This COVID Economic Downturn A constant search for answers caused me to look back at some of the work we did on managing construction concerns in cyclical markets. I took a look at the teaching in Managing the Profitable...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
The Big Dig No discussion of the failure rate of megaprojects would be complete without a careful look at Boston’s Big Dig, the largest and most challenging highway project in the history of the United States. Few megaprojects have been accused by so many of taking...
by Simplar | Jan 14, 2021 | Business Failure, Business Failure
Ten Minute MBA The iconic comedian George Carlin brought down the house with a routine he called, “The 10 Minute University”. He proposed that colleges should limit course content to only what students remembered five years after they had graduated. It would save...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Size Matters Megaprojects fail often because they’re too big and complex for even large, highly sophisticated contracting firms to plan accurately and manage effectively. At the same time, smaller contractors trying to grow their companies often jump too far and...
by Simplar | Jan 14, 2021 | Succession Planning
Legacy Lost Let’s talk business; You won’t live forever. You’re acting like you might. But you won’t. Your company could. Your legacy should. So, let’s talk business– about your legacy. Legacy Lost “Most founders never expected or envisioned that their...