by Simplar | Aug 26, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
The Las Vegas odds makers are not trying to pick winners. They are trying to predict outcomes. When they are confident, they know the most likely outcome of a sporting event, they set the line to give all bettors a 50/50 chance of winning. This is called balancing the...
by Simplar | Aug 19, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
Imagine setting your own line when you bet $100 that the Packers will beat the Saints on opening day. Imagine if you were in possession of a mathematical formula that handicaps risk more accurately than the Las Vegas odds makers. Imagine a formula that takes all the...
by Simplar | Aug 12, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
We all know that construction is a risky business. Every new project presents unique risks to our bottom line. The question, however, always remains, “How risky is this project?” In the past, we were left with our instincts to measure risk. Experienced...
by Simplar | Aug 5, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Weekly Construction Message
“Risk is Measured by What You Choose to do more than How You Choose to do It” In the growth markets we will be approaching, with a housing boom well underway and a $1 trillion infrastructure bill working its way through Congress, enthusiastic contractors are tempted...
by Simplar | Jul 29, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Current Events/Interests, Leadership, Leadership, Weekly Construction Message
When you think about it, in the modern industrial world it is absurd to be talking about customer service as if it’s a novel concept. Winning over new customers and converting them into repeat customers is the main focus of modern management theory. Service...
by Simplar | Jul 22, 2021 | Business Development, Business Development, Labor & Labor Issues, Leadership, Weekly Construction Message
The topic of this blog is the belief that drives the marketing efforts of many contractors and why “customer service” is a rare commodity in construction. After some contractors sign a contract, they tend to believe marketing is over. They get on with...
