005 - Prioritization Basics for Construction Contractors
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There will never be enough resources to fix every problem and chase every opportunity. Building a successful construction contracting business requires prioritizing finite resources across nearly infinite demands.
We cover most of the basics including the math of prioritization and exercises you can use to evaluate, align, and develop your team. Over 3 hours of practical examples with 40+ additional resources (tools, books, training, and articles) to keep your career and company growing.
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Capability
A team or company’s combination of skills, competencies, knowledge, processes, tools, and behaviors that allows them to Carry Out particular activities or achieve certain goals. Capabilities create the outcomes that customers are paying for.
Capacity
How Much of something (capability) a person, team, or company handle. Consider this in ranges of comfortable (sustainable) and peak (sprints).
Desire
Strong feeling of Wanting something.
Development (Talent)
Longer-term refinement of someone’s current capabilities Towards Mastery while preparing them for future roles and the ideal Career Path for them.
Discipline
Consistently Doing what needs to be done even when you don’t want to do it. Motivation is doing what needs to be done when you want to do it – related to desire.
Organizational Development (OrgDev / OD)
Organizational Development is an effort that focuses on improving the organization’s capability through the alignment of strategy, structure, people, rewards, metrics, and management systems.
Training
The process of Increasing the knowledge and skills of someone, typically shorter-term and in the context of being able to perform in their current role at a competency level that meets standards.