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 




CFMA: Talent Pipelining
Contractors will face continually worsening talent shortages through 2030. Those that want to continue sustainable growth must manage every aspect of their talent management processes with extreme rigor.
Lean Principle - Stop Work (Until Problems Are Corrected)
All construction projects will run into some degree of problems. It is how the project team chooses to manage these problems that ultimately determines the outcome of the project.
Project Cash Metric and Cash vs. Margin Variance
Contracting is a very capital-intensive business and it is critical to constantly be watching cash flow performance. This metric is the highest level of an “OUTCOME” for cash flow at the project level, summarizing the performance of ops and accounting.