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 – “What can I do about climate change? Nothing that I can think of....
What a Crazy Business Thomas C Schleifer, Ph.D. In this year’s 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 Fed’s...
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...
Keep Your Eye on the Ball Thomas C Schleifer, Ph.D. We are at the beginning of what might be a rocky economic 2023. With the short-term future so uncertain it is critical to avoid running out of money while navigating this inflation fueled (post- pandemic/Russian...
How Much is Enough? Thomas C Schleifer, Ph.D. In this first series of messages for 2023 we’re looking at how to professionally manage a construction firm’s capital position to ensure enough liquidity to see the firm through an inflation/recession economy that can...
Capital Management Thomas C Schleifer, Ph.D. After New Year’s, prognosticators gave up pretense and predicted recession for 2023. The Fed, they now admit, waited too long to take action and its current aggressive interest rate hikes are pushing the economy into a...
