by Simplar | Feb 22, 2024 | Financial Management and Risk, Organization Transformation, Organizational Change Management, Organizational Change Management, Organizational Change Management, Risk Management, Weekly Construction Message
The term “Corporate Darwinism” was the title of a business book published in 1966 that tracked the stages of birth, growth, and death of the typical American industrial corporation. According to the research, all start-ups that survive pass through these...
by Simplar | Feb 15, 2024 | Built Environment, Leadership, Leadership, Leadership, Leadership, Weekly Construction Message
Construction top executives come up through the ranks of the construction trades or through formal education which is usually in construction management or engineering degree. This genesis bends the construction professional’s profile toward the hands-on builder who,...
by Simplar | Feb 8, 2024 | Business Failure, Business, Strategic & Project Planning, Weekly Construction Message
This year we have been examining the reality that our beliefs impact our business decision making. From the very beginning as children, we lay down little truths in our brain stem that never again come up for examination. This is how the human brain helps the race...
by Simplar | Feb 1, 2024 | Built Environment, Labor & Labor Issues, Leadership, Project Selection, Weekly Construction Message
There is no time like the present. 2024 is our year to improve profit margins, increase cash flow, and stabilize our businesses. We will begin at the beginning when we prepare bids and sign contracts. This is the first tentative step we all take into the mine field of...
by Simplar | Jan 25, 2024 | Project Selection, Project Selection, Risk Management, Risk Management, Weekly Construction Message
I have railed against low bid contracting for many years as the root cause of shrinking contractor profit margins and increasing contractor failure. In principle, it is an insane way to do business (selling a product for the lowest price rather than the highest price...
by Simplar | Jan 18, 2024 | Built Environment, Business of Construction, Contracting Methods, Weekly Construction Message
In the dance between customer and branding or reputation, current business marketing theory breaks down the experience into three stages – before, during, and after – purchase. Research shows the advantages of considering the customer journey more...
