Building a Systems Development Team - Introduction

Construction technology innovation is accelerating.

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The contractors that learn how to effectively integrate technology into every aspect of their business will dominate tomorrow.

All competitive equipment-intensive contractors have very robust maintenance shops with strong equipment managers, brilliant mechanics, and a support team. This keeps the equipment running productively.

These shops often have solid fabrication capabilities where they make modifications to the equipment and accessories specific to their work that maximizes efficiencies. This leads to higher profitability and a competitive advantage.

Contractors must look at technology the same way they would look at an equipment fleet. For some contractors, building up a Systems Development Team is the right strategic move. For others, the timing isn’t right and this can be a huge distraction that impacts profitability and culture.

This is Part 1 of an 18-Part Series


Topics Covered in the Series Include:

  • Clarification
  • Industry
  • Best Fit
  • Workflow
  • Time & Money

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Building a Systems Development Team - Introduction
Construction technology innovation is accelerating and the contractors that learn how to effectively integrate technology into every aspect of their business will dominate tomorrow. ...

Building a Systems Development Team - Introduction
Construction technology innovation is accelerating and the contractors that learn how to effectively integrate technology into every aspect of their business will dominate tomorrow. ...

DD001 - Locus of Control
Expanding on locus of control, including how it drives decision making at all levels and answering three questions: Decisions from the top, how to improve locus of control, and how it impacts technology selection & use.
Governance Structures Enabling Ownership Transitions
Governance structures including the board of directors, policies, information flow, operating rhythm, and decision rights must continually evolve through each stage of growth and ownership transition. The first board is typically driven by a transition.
Four Primary Financing Options
One way or another, there has to be some form of financing for an ownership transition to occur where one or more parties are putting capital at risk.