by Simplar | Apr 27, 2023 | Built Environment, Business of Construction, Partnering, Planning, PM, Project Delivery, Prospering Cyclical Market, Prospering Cyclical Market, Weekly Construction Message
Working Capital Q&A Thomas C Schleifer, Ph.D. Our current series of messages on managing working capital during this post pandemic disrupted economy has ignited questions from every corner of the construction industry. Today I will endeavor to answer a sample and...
by Simplar | Apr 13, 2023 | Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Weekly Construction Message
Managing Working Capital Thomas C Schleifer, Ph.D. As we noted last week, the primary cause of construction business failure is running out of money. Why when contractors run out of money is it so often a surprise? Financing Growth  American industry is addicted to...
by Simplar | Feb 23, 2023 | Built Environment, Business of Construction, Project Selection, Project Selection, Risk Management, Risk Management, Risk Management, Weekly Construction Message
Navigating Trends Thomas C Schleifer, Ph.D. I love this quote from a contractor who offered feedback on last weekâs blog. âIf we canât do anything about trends, what are we supposed to do?â You have to love that. It reeks of the frustration that we contractors feel...
by Simplar | Feb 16, 2023 | Built Environment, Business of Construction, Labor & Labor Issues, Labor & Labor Issues, Labor & Labor Issues, Organization Transformation, Project Delivery, Weekly Construction Message
Climate Change (in construction) Thomas C Schleifer, Ph.D. Contractors are dealing with a perennial shortage of skilled construction labor in the same way we are dealing with climate change – âWhat can I do about climate change? Nothing that I can think of....
by Simplar | Feb 9, 2023 | Built Environment, Partnering, Planning, PM, Risk Management, Risk Management, Risk Management, Weekly Construction Message
What a Crazy Business Thomas C Schleifer, Ph.D. In this yearâs opening blog series, we have been discussing the elevated risk level caused by COVID induced cost inflation, labor shortages, supply chain snags, and a potential recession that may result from the Fedâs...
by Simplar | Feb 2, 2023 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Procurement, Project Delivery, Weekly Construction Message
Identifying Risk Thomas C Schleifer, Ph.D. Most contractors are guilty of failing to diligently identify the unique risks in every new job BEFORE they undertake it. One example I often site is a failed project that I dealt with for a surety. The otherwise successful...
