Competencies vs. Confidence vs. Success

Confidence in what you are doing at all levels in the company is critical; especially for the high-risk businesses of construction contracting.

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Sustainable success comes when this confidence is kept in alignment with the competencies required to effectively serve the customer.

Leadership Tools: Competencies, Confidence, and Success.

COMPETENCIES

  • Know clearly what competencies are required to effectively serve the customer at an individual level and aggregated team level.    
  • Rigorously look at your workflows and where you can reorganize them to close some of the competency gaps at the team level through work reassignment.  
  • Relentlessly work on closing those competency gaps individually and as a team.  

CONFIDENCE & SUCCESS

  • Many times your competencies are actually much higher than your confidence and that will impede success because you are afraid to take risks that you are more than competent enough to take.
  • Success breeds confidence and that leads to more success - up to a point. All decisions carry risks and as long as you are 15% confident in an outcome that has a 15% chance of success all reasonable people will act appropriately. If however you are 30% confident in that decision you. This is when failure starts to creep in.  

"There's nothing like biting off more than you can chew, and then chewing it anyway. "

Mark Burnett

Remember Icarus and flying too close to the sun…


An outside perspective is a critical tool for helping you keep your team’s confidence and competencies in alignment.




Precon Value in Project Delivery Methods
By leveraging preconstruction services, contractors can gain a significant competitive advantage. This chart ranks the impact of precon across the basic project delivery methods and four basic dimensions:
Resource - Equipment Fleet Management for Contractors
Construction Equipment Economics should be required reading for all all owners, senior leadership, and managers of estimating, operations, equipment, and accounting for contractors with equipment fair market value (FMV) exceeding $1M. 
Degree of Discretionary Time with Growth in Role Levels and Business Size
The degree of discretionary time that someone has in doing their job grows with their role level - for example from crafts person to VP of Operations. For similar roles, that time decreases with company growth as the job roles become more tightly defined.