Making Decisions Effectively

Contractors must invest in accelerating the development of leadership talent and a big part of leadership is about making the right decisions in difficult situations.

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The impact of the critical talent shortage in construction will continue to get worse.

Reading List: Learn How to Make Decisions Effectively. Book: Principles by Ray Dalio.

Principles by Ray Dalio is not only a great book but more importantly is the example of how it was created, how it is used, how it is refined (PDCA - Plan > Do > Check > Adjust) weekly and how it is formatted.

Every leader of a construction company should consider not only which of these principles apply to their business but more importantly how to start codifying then training others on their own decision making processes.  

What would it be worth for your company if you could accelerate the development of your leadership talent?

If you are nearing retirement age what would it be worth to the industry if you could unlock the decades of experience in your head?  

We provide a full range of management advisory, coaching and training services to contractors.  More than half of our time is directly spend on talent including preparing for succession at all levels. 

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Incentive Compensation for Contractors - Succession
Succession planning works best when leaders of the organization spend time helping leaders at all levels to think as business owners. This level of thinking includes cash flow and funding sources for all organizational planning.
Teams and Readiness for Growth and/or Succession
Whether you are focused on growing profitably or preparing for an ownership transition, the strength of your team and organizational structure is a major factor.
Foreman - Four Sometimes Competing Responsibilities
No other position in the construction industry has a bigger impact on field productivity than the Foreman who is leading the crew on front-line. There are four major responsibilities the foreman has that often seem to be competing with each other: