Doing Something is Worth a Lot

All things must be thought about before they can be built.

D. Brown Management Profile Picture
Share

For more complex ideas they must be talked about with a team to align everyone.  Those are both critical prerequisites however without the act of actually doing something they are 100% waste.

Leadership Tools: Bias For Action. Doing Something is Worth Lots of Money.

When contractors are starting out the team is small; possibly just one person and this focus on “Doing Things” carries the day.  Things move from “Thinking Something” to “Doing Something” almost instantly.  

As the team starts to grow many times what is overlooked is that communication becomes critical to align all team members.  Meetings, discussions, written processes, etc. are what will help the contractor grow past this point.  

As the team grows further it becomes important to develop critical thinking skills in others for continued sustainable growth.  

There usually becomes a point in growth and development where the organization seems to lose their “Bias for Action” meaning that they are not recognizing the balance between thinking, talking and doing. 

We must also be focused on this balance; for ourselves and for our teams. Many times the act of doing something is much more uncomfortable than thinking or talking about it; especially if it is something new with uncertain outcomes.  




Builder and Business Manager Integration
A successful and sustainably growing construction business has the right balance of builder and business manager skills on the team.
The Contractor Scoreboard - A Contractor Must Do 3 Things
This outcome-based scoreboard keeps everyone focused on what matters. Avoid metric overload and diffusion of resources. All other metrics throughout all levels of the organization fall into a hierarchy below these with priorities changing over time.
A Typical Project - Project Profitability and Understanding the Basics
It is crucial for everyone in a construction company to understand the financial basics of a project. Contractors have razor-thin profits and relatively high risk.