The Next Normal

The Next Normal

The Next Normal Thomas C Schleifer, Ph.D. Long term “trends”, not temporary disruptions, are reshaping the construction industry. Last week we cited research that identified 15 construction industry long-term trends. Let’s examine four of them more closely: ...
Building A Stable Organization from Within

Building A Stable Organization from Within

Building A Stable Organization from Within Thomas C Schleifer, Ph.D. Our industry’s skilled labor shortage is not new. It is just worse with the pandemic. A growing shortage of skilled labor has haunted the construction industry for the past 15 years. Research has...
“It’s Not My Job”

“It’s Not My Job”

“It’s Not My Job” Dr Thomas C Schleifer The legendary comedian Freddy Prinze began every episode of Chico and the Man with his iconic – “It’s not my job.” He, of course, was making fun of the stereotypical employee whose first...
Employee Engagement

Employee Engagement

Employee Engagement Dr Thomas C Schleifer Contractors are now recognizing the shortage of skilled labor as their biggest problem. Inflation and supply problems, most believe, are temporary and can be overcome. Not being able to put together a full crew, however, will...
Patience

Patience

Patience World economic markets are now DISORDERLY.  In Econ 101 we learn that constraints on supply without attendant constraints on demand lead to inflation. In addition, we learn that in modern complex economies, government monetary policy (the printing of money)...