by Simplar | Jul 7, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Leadership, Leadership, Leadership, Weekly Construction Message
Experts Make Money Thomas C Schleifer, Ph.D. Because too many construction projects are priced through a low-bid auction process, contractors have only minimal control over their selling price. Expense inflation over the extended life of a project is hard to control....
by Simplar | Mar 2, 2023 | Built Environment, Business of Construction, Weekly Construction Message
Adapting To Trends Thomas C Schleifer, Ph.D. If you’ve been with us since the first of the year, we have been discussing managing risk under the disrupted market conditions of 2023. The risk factors of inflation, recession, labor scarcity, and supply chain snags have...
by Simplar | Jan 12, 2023 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Partnering, Planning, PM, Procurement, Project Delivery, Weekly Construction Message
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...
by Simplar | Nov 24, 2022 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Can You Be Flexible? Thomas C Schleifer, Ph.D. The construction industry is an outlier that evades classic management theory taught at all the nation’s prestigious business schools. The price of our construction services is set well in advance typically through...
by Simplar | Oct 27, 2022 | Built Environment, Business of Construction, Leadership, Leadership, Leadership, Leadership
Consolidation Thomas C Schleifer, Ph.D. This post-COVID economic environment is not a normal market. It is a disorderly market that will haunt construction for years. I digressed from my usual reflections last week to encourage industry professionals to change their...