by Simplar | Oct 10, 2024 | Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning
Do not be misled. Construction contractors are not manufacturing structures, or highways, and selling them to ultimate owners one piece at a time. We are selling construction services, much like business consultants are selling information services or law firms are...
by Simplar | Oct 12, 2023 | Business Development, Business Development, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Weekly Construction Message
Capital capacity is just a fancy way of saying having enough cash around to finance projects ongoing plus projects under consideration. The construction industry is grossly undercapitalized. This, I believe, is the primary risk factor that contractors deal with daily...
by Simplar | Sep 20, 2023 | Business Failure, Business Failure, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Partnering, Planning, PM, Weekly Construction Message
Risk Mitigation Thomas C Schleifer, Ph.D. Thirty-five years ago, I initiated research that resulted in ranking construction contracting #2 in business failure rate (restaurants are #1). That data inspired me to begin ongoing research into the causes of construction...
by Simplar | May 26, 2023 | Built Environment, Facility Management, Labor & Labor Issues, Labor & Labor Issues, Labor & Labor Issues, Leadership, Leadership, Leadership, Leadership, Organization Transformation, Partnering, Planning, PM, Procurement, Weekly Construction Message
Our Team is Our Business Thomas C Schleifer, Ph.D. The Greatest Generation After World War II the construction industry boomed in the U.S. The G.I.s who saved the world from the evils of Hitler, Mussolini, and Hirohito were proud of what they had accomplished but...
by Simplar | May 11, 2023 | Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Leadership, Weekly Construction Message
Envisioning The Future Thomas C Schleifer, Ph.D. “What do you mean by envisioning the future?” was the first question I received just minutes after posting last week’s message. Whenever a poetic phrase like that occurs to me, I often hesitate to use it because I...
by Simplar | May 4, 2023 | Built Environment, Business of Construction, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Risk Management, Risk Management, Risk Management
Planning the Present Thomas C Schleifer, Ph.D. Managing working capital during this post pandemic disrupted economy has led to many questions from contractors. I have condensed all the questions on how to plan for the future economy into one synthetic question: Syn Q....
