by Simplar | Jan 15, 2026 | Business of Construction, Leadership, Weekly Construction Message
“Two roads converged in a wood and I took the one less traveled by, and that has made all the difference.” ~ Robert Frost Every mature industrial company is nothing more than the net result of the management choices made from the beginning. Put yourself...
by Simplar | Nov 13, 2025 | Business Failure, Business Failure, Financial Management and Risk, Financial Management and Risk, Risk Management, Weekly Construction Message
Managing Capital Risk Recognizing the reality that there are multiple types and magnitudes of capital risk in construction is the first step in risk management. You may be familiar with the term risk prevention, but in fact, we can’t prevent risks from...
by Simplar | Aug 28, 2025 | Built Environment, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Leadership, Risk Management, Risk Management, Weekly Construction Message
We begin this week with the first “belief” on last week’s list – “Growth is always good “. The complex nature of the construction industry seems to lend credence to this belief. Since a construction business does not enjoy a...
by Simplar | Jul 3, 2025 | Financial Management and Risk, Financial Management and Risk, Risk Management, Risk Management, Weekly Construction Message
Back in the 1960s “What Me Worry” was the masthead motto of a little counterculture publication known as Mad Magazine that is still around somewhere to this day. Some of you more senior readers out there may remember it. At that time, my brother and I were...
by Simplar | Jun 23, 2025 | Board of Directors, Built Environment, Business of Construction, Business, Strategic & Project Planning, Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Weekly Construction Message
I have been waging a lifelong campaign to convince contractors that financial management is a professional skill and a critical component of their team. Our profits are limited by unique risk factors like multiple simultaneous projects, extended schedule, and risks of...
