by Simplar | Jan 14, 2021 | Business Failure, Managing Subcontractors
A Negative Bias We called this blog “Let’s Talk Business” (letstalkbusiness.net) because we wanted to emphasize business management issues in construction as opposed to operations, engineering, or design. Many senior managers in the construction industry started as...
by Simplar | Jan 14, 2021 | Organizational Change Management, Organizational Change Management
New Year’s Resolutions 2020 has been an unusual year to say the least. Starting with a growing construction market that was anticipating a huge infrastructure bill coming out of Congress and struggling with a critical shortage of skilled labor, the year was suddenly...
by Simplar | Jan 14, 2021 | Cash Flow (Getting Paid)
Capital Preservation During This COVID Downturn Getting Paid on Time Late Payments Are Every Contractor’s Nightmare Last week we began a discussion on the importance of your firm’s capital position as this latest COVID-caused market downturn unfolds. When you ask...
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 | Jan 14, 2021 | Leadership
2021 A Value-Added Year 2020 – What a year?!!! – filled with threat, uncertainty, confusion, and conflict; negative emotions that usually lead to poor management decisions. Our New Year’s resolution here at Let’s Talk Business is to leave the...
