Alignment and Ownership and Creating Value

As a construction company grows, it becomes increasingly important to align everyone on the team.

D. Brown Management Profile Picture
Share

This is especially true with the tightening labor market that will continue to worsen through 2030. 

Succession: Alignment Creates Vale. Quote: There are two rules. First, my stock will be acquired by the company. Second, company stock will be owned by employees. Peter Kiewit 1978

Alignment comes from being transparent with your guiding principles or values and living them every day with integrity, as described by Dr. Brené Brown.

Kiewit is a great example of how this alignment built a business that has been sustainably growing for over a century.  

In their book, there is a section about Peter Kiewit and how he sold his shares to the company using the same formula that applied to every other employee owner. Additionally, he set a couple of simple rules in place around how ownership was to be handled.

While their employee ownership plan and strategy is more complex in execution, there are these simple guiding rules and their value of “Stewardship” that form the foundation of this alignment.   


If you are interested in learning more about how some of these tactics could apply to your business, reach out to Sue Weiler-Doke for a conversation.

Lonnie Morelock can talk about how this aligned the field effectively.  


Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Climbing the Mountain - Continuous Improvement
Growing a contracting business is like climbing a mountain. Just plan the next 10 feet; set an anchor and get the whole team up to that level. Repeat a few hundred times. Gotta love being on the mountain; not just being at the summit.
Closing Knowledge Gaps - The Formula
Here is the “magic” formula for closing the knowledge gap from where you are to where you want to be!
Incentive Compensation for Contractors - Types of Programs
There are many types of incentive programs. The best approach is to look at each type and the details within them as a tool in a toolbox.