Leveraging Geographic Expansion for Leadership Development

Geographic expansion is impacting all contractors whether it is major customers pulling them into new markets, new competition coming into their “hometown” or as a proactive strategic growth move by the contractor.

D. Brown Management Profile Picture
D. Brown Management
January 24, 2018 1 minute read
Share

Given the talent shortage that will be 3X worse by 2020 contractors must look at ways to accelerate their leadership development.

Geographic Expansion Leadership Development. How can you leverage geographic expansion for leadership development?

If managed right geographic expansion can be a great tool for developing leadership.  The organizational structure has to be setup correctly with the right levels of training, coaching, mentoring and management in place.  This is a tricky balance to strike with some of the tactics being counter intuitive. 

Don’t underestimate either the value or the challenges of geographic expansion. 

Learn More

Valuation Math - Multiple of Earnings
In a valuation, you will often hear the term multiple of earnings. This is usually calculated based on some average of the last 3-5 years earnings and weighted toward the more current years.
Related Article
Contractor Profiles in Recession Management
3X your profitability during a recession. Look at how you performed during the last recession then evaluate your current readiness and plan your next steps.
Related Article
Stages of Development - The Seven Habits of Highly Successful People
Building even a simple construction project requires the coordination of 100+ people. While we may like to think of ourselves as “Independent” this is not the highest stage of development.
Related Article