Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside Two weeks ago, I ended the message by expounding Schleifer’s First Law: Contractors Thrive During Stable Markets Today, I begin with Schleifer’s Second Law of Market Dynamics: There is No Such Thing as a Stable...
Labor Shortages to Clogged Supply Chains What’s going on around here?

Labor Shortages to Clogged Supply Chains What’s going on around here?

“Just when I thought I was out…They dragged me back in!”  (The Godfather) That is a quote from the movie The Godfather that I also heard from a contractor trying to deal with the whipsaw starts and stops torturing post-pandemic construction markets. ...
The Care and Feeding of the Workforce – A Culture Case Study

The Care and Feeding of the Workforce – A Culture Case Study

My interest in corporate cultures began with a productivity research project that brought to light the impact of the attitude of workers putting in the footings for a new project.  We were trying to determine if the workers’ understanding of what they were...
Make Better Choices

Make Better Choices

“The success of your business is a result of your choices. If you are dissatisfied with the outcomes, make different choices.” Engineering News Record, August 24, 2021, Richard Korman “Big design-build infrastructure projects often turn out to be...
Common Sense

Common Sense

COMMON SENSE by Brian Lines, Ph.D., Assistant Professor, University of Kansas Construction industry research usually begins with an everyday practical problem brought to a university faculty by construction industry professionals.  Unfortunately, the resulting...