The shortage of critical talent in the construction industry will be 3X worse by 2020 and will continue to worsen through 2030. The only way that we will be able to close this gap is if we focus on accelerating the development of people.
Leadership at the company, team, and individual level starts with setting the direction, trajectory, and milestone goals. With that said, more failures occur due to failed execution rather than bad goals or strategy.
change management leadership lifeStrategy and planning are two very different things requiring two very different mindsets. Calling it “Strategic Planning” is the first place that can send teams down the wrong path.
Far too many construction teams believe that standard processes, routines, training and disciplined execution will stifle their creativity. It is quite the opposite and when you flip that switch in thinking it begins to unlock amazing performance.
The most highly leveraged decision that a contractor makes is which game they decide to play. Developing a sustainable market strategy that provides stability in all economic cycles is crucial.
Maximizing labor productivity starts with defining exactly what needs to be delivered and then breaking it down into tasks that can be effectively managed.
change management foreman training labor productivity project management project planning schedule managementEverything truly important to the long-term success of a contractor comes down to building a strong team with a culture that supports each other; no matter what. Great leaders unite a team together and elevate everyone further than they could imagine.
A construction business is capable of providing a very high return to the owners who have their capital at risk as well as the team members that work there. Contractors with lower variability in profitability are both more valuable and more sustainable.
Construction projects are complex requiring thousands of decisions made across dozens of teams over many months to ultimately result in a good outcome. As a leader in the construction industry the majority of your value-add is.
Contracting is a relatively low-margin and high-risk business. Contractors can’t afford to spread out their resources on projects or in their businesses. Leaders must put maximum resources behind their biggest bottlenecks or opportunities.
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