Issue 8 of 9: Industry Trends

Construction Ownership Transition Issue 8 of 9: The Construction Industry is Seeing Large Shifts With Several Interrelated Trends.

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How well the company is positioned to leverage these trends will have a huge impact on valuation and the ability to generate the cash required for the transaction.  

Succession: Ownership Transition Issues - Number 8 Industry Trends. Focusing on Project Deliver Methods, Technology, Geographic Expansion, and Talent Shortage.

Contractors that are poorly prepared for these trends will find lower valuations and fewer exit options. They are also likely having significant problems attracting and retaining talent, which is in limited supply as the best talent is attracted to the teams that will win tomorrow.  

Consider our Executive Briefing to prepare your team.


Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Aligning Market Strategy and Project Delivery Methods
Making the right decision on market strategy is the most highly leveraged decision that a contractor will make for sustainable growth. Part of that decision includes what primary project delivery method(s) you will use.
Strong Leadership and a Clear Vision
The strongest leaders at all levels in construction have a clear vision of where they are headed and are relentlessly focused on achieving their goals. They align their teams tightly around the vision, goals and strategy.
Understand Buying Motivations
Getting involved early in the project as it is being developed is one of the best things a contractor can do for profitable growth. That value starts with understanding the entire budget for developing a project.