Labor Shortages to Clogged Supply Chains What’s going on around here?

Labor Shortages to Clogged Supply Chains What’s going on around here?

“Just when I thought I was out…They dragged me back in!”  (The Godfather) That is a quote from the movie The Godfather that I also heard from a contractor trying to deal with the whipsaw starts and stops torturing post-pandemic construction markets. ...
The Care and Feeding of the Workforce – A Culture Case Study

The Care and Feeding of the Workforce – A Culture Case Study

My interest in corporate cultures began with a productivity research project that brought to light the impact of the attitude of workers putting in the footings for a new project.  We were trying to determine if the workers’ understanding of what they were...
An Approximation Based on Two Guesses

An Approximation Based on Two Guesses

How is it possible that construction concerns being run by professional managers in the 21st century often run out of cash and suddenly cease operations? Most modern industrial companies have heads-up enough to file a bankruptcy and ask the court to help them work out...
WIP Accounting – Critical and Often Misunderstood

WIP Accounting – Critical and Often Misunderstood

In a study of thousands of construction company audited financial statements testing the profit projected on work in progress (WIP) reports over five years to the final reports of completed project profits, I found the average difference to be a little over 1% profit...