Learn from the Wisdom in the Lessons of History

“Fortune favors the prepared mind.” - Louis Pasteur

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Leadership Tools COVID-19: Learn from the wisdom in the lessons of history. Graph representing the Great Recession 2007-2008

How much time do you and your team spend exploring the broader context of our world?  

How much time do you and your team spend sharing this information and deeply discussing the trends, threats, mitigation, and opportunities presented?  

Have you looked at the last recession and how your company got through it?  

  • The overall industry employment fell by 28%. Did you do better or worse in terms of revenue, headcount, and profits? 
  • Remember that averages only tell part of the story.    
  • Many of our clients prepared well and grew through the recession.  

What would you do differently next time to prepare?  



Related Training

Setting Standards and the Feedback Loop
Set the standard. Train to the standard. Certify to the standard. Plan the work to the standard. Execute to the plan and the standard. Check against the standard. Make prioritized improvements to the standard, training, planning, and execution.
Levels of Integration and Optimization
Operational excellence must be a major component of every contractor’s strategy and baked into their daily behaviors. Optimizing each of the four major layers requires different levels of thinking, technology and time span.
Cash Flow and the 5Cs of Credit - Capital
The 2nd of the 5Cs of Credit is how much capital you are putting at risk, along with your financial partner. Contractors should design and follow their own capital management policies appropriate for their business.