by Simplar | Sep 8, 2022 | Built Environment, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Facility Management, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Organization Transformation, Partnering, Planning, PM, Procurement, Project Delivery, Weekly Construction Message
Back To the Beginning Thomas C Schleifer, Ph.D. For 30 years I have been researching the causes of construction business failure. The study began years ago when I operated the largest national consultancy firm completing projects interrupted when bonded contractors...
by Simplar | Apr 28, 2022 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Leadership, Weekly Construction Message
SURPRISE We’ve Run Out of Money! What surprised me most over the many years my consultancy finished hundreds of jobs for sureties after contractors had failed mid-project was how many contractors were surprised when they ran out of money. Most of them believed...
by Simplar | Apr 14, 2022 | Facility Management, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Construction CFOs They’re Not Bean Counters Ours is an extraordinary business. Think of the Egyptians who built the great pyramids of Giza with hand tools in the 26th century BC. Or the 20,000 artisans organized to fashion the remarkable Taj Mahal back in 1643. And...
by Simplar | Jan 14, 2021 | Financial Management and Risk, Financial Management and Risk
Sources and Uses of Funds In our ongoing discussion of risk throughout 2018, the multiple risk factors identified boiled down to one core flaw that brought down the majority of failed contractors – a shortage of capital. For one reason or another, the failed...
