Business Operating System

Contractors must have a clear vision and goals for where they want to go.

D. Brown Management Profile Picture
Share

For example: Part of that goal might be to have at least a 30% market share on all higher-education construction within Georgia by 2025.  

Leadership Tools: Business Operating System (BOS)

Sitting in between all of these are the various meetings, tools, feedback systems, and decision-making processes that keep things on track.  

This is called the Business Operating System (BOS) and is very unique to all companies, evolving as the business scales. The Toyota Production System (TPS) is one such example.

It is the robustness of this layer of the business that determines how effectively the contractor will navigate each stage of growth.  


What are the key elements of your BOS, including people, meetings, feedback systems, and decision processes?  

Are these driving the results you want?  

Schedule some time to talk about your particular company. 




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.
Work Conversion Cycle and Backlog Run-Off
PARADOX: A contractor can’t focus on the bigger strategic issues until they have a predictable backlog of work. If a contractor doesn’t have a solid market strategy and organizational structure in place it’s very difficult to build a consistent backlog.
Planning and Preparing for Unknowns
When faced with many unknowns, it is important to plan and prepare for multiple scenarios while holding off on being decisive until the last responsible moment.