Definition of Sustainability

How sustainable is your construction business?

D. Brown Management Profile Picture
Share
Leadership Tools: Definition of Sustainability: The ability to be maintained at a certain rate or level.

Not your ability to build sustainable buildings, but the true sustainability of your business.

  • Are the market(s) that you are in stable or at least counter-cyclical to each other throughout various economic cycles?

  • Are those market(s) growing, stacking the cards in your favor that your company will continue growing?

  • Do your customers love you to the point where they keep coming back to you for projects?

  • Do you have good business development capabilities that will create predictable revenue growth?

  • Do you have good talent development systems, ensuring that your revenue growth does not exceed your ability to grow and retain leadership talent?  

  • Are you generating enough free cash flow to support your growth?

Sometimes, an outside perspective can be invaluable for helping assess and improve your sustainability. 

What does your scoreboard say?  




CFMA: Effective Interviewing Processes
As part of the talent diagnostics luncheon, 83% of the group identified a lack of qualified candidates. Only 35% self-rated their interviewing process as “Very Effective,” while many cited lack of time to effectively manage the process.
Grow Sustainably with Great Talent
The contractors who want to attract and retain the best talent must provide opportunities for their career growth and that comes from having a strategic growth plan. This means a tough and scary leap of faith considering the labor shortages being faced.
Building a Systems Development Team - Starting
Most Systems Development teams start with someone doing report writing or other forms of data extraction and integration, such as creating a dashboard or streamlining through imports.