14 Principles for Creating Value

We see these principles applied frequently within profitably growing contractors.

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Most of the problems we see are due to a breakdown in the application of these principles.

Leadership Tools: 14 Principles for Creating Value in Business, on Projects and in Life.

Have a clear vision. Know your resources and that there are many ways to get there, but none are perfect.

Learn from others. Often with conflicting perspectives engaging in rigorous debate.  

Develop a pragmatic forecasting model early and refine it frequently with S.M.A.R.T. experiments to understand the resources required, returns, and risks.  

Zoom out to see the bigger picture, including synergies, redundancies, and comparative value-add.  

Keep things simple.  

Be clear about who is best to decide what and by when.  

Commit fully to execute aggressively and optimistically with discipline and the stamina to stay the course.  

Track progress and adjust accordingly.


In future posts, we will continue to unpack each of these principles and provide more details.  

We help contractors grow profitably by keeping pressure on your vision. 




Key Drivers of Value
Valuation is a very critical factor during ownership transitions because it has to be a number that fairly represents the value of the business for the outgoing owners while providing a solid return for the buyers.
Early Identification as a Trainable Skill
The ability to identify potential changes early is a skill that can be tested, trained, and managed just like a craft skill.
Bureaucracy - Stifling or Enabling
Talent density versus the complexity of the construction business or project is what determines the level of bureaucracy required for sustainable growth.