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, 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. A Roll Call of Overruns The Suez Canal ran 1,900% over the original budget. The Sydney Opera House came in 1,600% over...
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 time...
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 | 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...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects So Often Fail With a total capital cost of $1 billion or more, megaprojects are extremely risky ventures, notoriously difficult to manage, and often fail to achieve their original objectives. The question is why. The construction industry is one of...
