Allocation of Management Resources

Most new initiatives that contractors try often fall short of expectations due to poor management time allocation during start-up.

D. Brown Management Profile Picture
Share

We work with a lot of contractors and rarely see truly bad ideas or teams that truly can’t execute.  

Management Tools: Time Allocation for New Initiatives.

The more common problem is usually management resource constraints; especially at the critical executive leadership level.  When a new idea (or problem) comes up the best management talent can see both the mountain top, the mountain and the path to success very clearly.  

Moving from a new idea into a sustainable system managed mostly by others is the challenge.  Make sure you prioritize management time effectively on the initiatives that will have the biggest impact.   

  • Allocate enough time for truly developing the concept ensuring that the team that will be start-up and long-term management are fully in alignment.  This ALWAYS takes longer than expected
  • Allocate 2-4X that much time for heavily managing the PDCA cycle in the first 3-6 months spending a lot more time Planning, Checking and Adjusting than Doing.  This will ensure smooth scaling and easier routine management.

Learn more about how we help teams learn to execute better 




Cash Flow Myth 2 - Finance Manages Cash Flow
Finance people manage cash flow. The reality is that by the time the finance team gets involved in a cash flow problem there are very few levers they can pull.
Premature Optimization
Construction technology innovation has exploded and is continuing to accelerate. The quantity of experienced talent is at a low point and will continue to decline throughout the next 10+ years. There are probably more unknowns than knowns.
Building vs Demonstrating Capability
Building a sustainably growing construction business is a huge challenge for everyone on the team. Building an effective project team across dozens of different companies with sometimes competing interest is incredibly difficult.