by Simplar | Jan 14, 2021 | Business Failure
Current Construction Recovery Top Line vs. Bottom Line Since 2012 the construction industry has been enjoying a robust recovery. In this blog I have been alerting contractors to the business risks hidden in the euphoria of construction market upswings. Now that we...
by Simplar | Jan 14, 2021 | Weekly Construction Message
14th Weekly Crisis-era Message to Contractors from: Dr Tom Schleifer Construction Market Downturn’s Impact on Profitability Most industries prosper during growth and many also profit when sales decline. Logic would suggest that if a business makes $X profit while...
by Simplar | Mar 16, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Innovation Thomas C Schleifer, Ph.D. The construction industry has changed at its core. Most of the labor force that delivered construction services to the nation has retired and taken their unique level of expertise, productivity, and efficiency with them. Those of...
by Simplar | Jan 14, 2021 | Business Development, Business Development
The Destructive Low Bid Myth by Simplar Institute About 150 years ago, our forefathers bestowed the competitive bidding concept on us in order to curb corruption, inefficiency, and mismanagement by government officials. In New York, the competitive bidding...
by Simplar | Oct 17, 2024 | Built Environment, Business of Construction, Financial Management and Risk, Weekly Construction Message
Big business starts as small business especially in the construction industry, which is primarily made up of tens of thousands of small and medium sized privately owned companies. Today I am addressing the contractors who are still of a size to be building their...