by Simplar | Jun 8, 2021 | Business, Strategic and Project Planning, Leadership, Weekly Construction Message
Our search for “Best-in-Class” management of construction businesses has led us to the CFO’s door. Experience completing failed projects for sureties led me into extensive research about why so many construction companies unexpectedly failed,...
by Simplar | Jun 2, 2021 | Business Development, Business Development, Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
My overview of the construction industry breaks down the management function into three broad categories: 1. Getting the work 2. Doing the work 3. Accounting for the work. The Chief Financial Officer’s (CFO’s) role in “Accounting for the work” is...
by Simplar | May 12, 2021 | Business Development, Business Development, Leadership, Leadership, Weekly Construction Message
This year we are going from top to bottom in our review of construction’s “best-in-class” management practices. We began at the traditional top of business organizations, the Board of Directors (Advisors). Because the construction industry is largely made up of...
by Simplar | Jan 14, 2021 | Business, Strategic and Project Planning
2020 Solution #1 Promote Your CFO To a Trusted Member of Your Management Team 2019 Risk # 1 – Catastrophic Collapse Unexpected Catastrophic Failure of Contracting Firms Both Large and Small As we discussed in 2019, construction contracting is the second...
by Simplar | Jul 30, 2026 | Financial Management and Risk, Financial Management and Risk, Project Selection, Project Selection, Risk Management, Risk Management, Weekly Construction Message
Vacation schedules have interrupted our strategic planning series, so we are repeating an important message on risk. If risk recognition and assessment is so fundamental to the construction transaction, why do so few contractors engage in formal risk management? As I...
