Growth and Opportunity

Growth creates opportunity, and opportunity attracts, develops, and retains the best talent.

D. Brown Management Profile Picture
Share

Contractors that are growing profitably, have great reputations with their customers, and have a good culture are able to attract and retain the best talent even with the very real talent shortages the construction industry will face over the next 10+ years.

Scoreboard: Growth Creates Opportunity. Opportunity Attracts, Develops and Retains the Best Talent.

This is one of those major dichotomies that leaders face. You can’t grow without talent and you can’t attract talent without creating the right opportunities for career growth.  

  • Look back at your company’s growth over the last five years. How does it look?

  • What are you projecting the next couple years? 
     
  • Look back at your profitability, cash, safety, and customer satisfaction trends during that same period. What trends do you see?

If these all look good and are increasing:

  • How effectively are we promoting growth opportunities to candidates when we are marketing to them?

If these trends don’t look good:

  • Are we going through a stage of growth that requires us to look at our business differently?  

Sometimes, just talking to an unbiased and experienced third party can help clarify your thoughts. Contact us for a conversation.




Stop Doing Things - Peter F. Drucker
The tendency as a leader’s role evolves is to keep adding things to their list of responsibilities and to their team. What’s important is to regularly pause and reflect about what you can STOP doing to allow for new ideas if they are really better.
Definition - Aptitude
The inborn Potential to do something (skill) to a certain level (competency) to achieve something (capability).
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.