Market Forces - Surviving vs. Thriving

Construction contracting is a highly competitive business in a rapidly changing market.

D. Brown Management Profile Picture
Share
Leadership Tools: Surviving or Thriving. Innovator or Fast Follower.

The “Invisible Hand” of the market is constantly demanding that construction projects are delivered:

  • Lower Cost
  • Faster
  • Higher Quality

Whether you are looking at your individual career, a contracting business or the whole value stream of delivering completed projects to a customer you must constantly be focused on being competitive.

Just to survive you must be adapting faster than the slowest of your competition.  Survival is not guaranteed and just surviving is not fun.  

To thrive you must be in the top 20% of your competition with a team that can rapidly adapt and scale innovations.  There are multiple ways to innovate:

When you are in a business with single-digit net profits every bit of discipline in operations matters.


Learn how we help contractors define the right strategies and improve their operations


Labor Productivity
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Labor Productivity
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Superman Vs. Batman
Contractors must develop management talent (http://bit.ly/2BLLTJ5) at an unprecedented rate and those that master this process will dominate the next 15 years. How do you think about talent development? How do you think about your own development?
COVID - End of Week 5
As we end the 5th week since the first shelter-in-place orders, the country will begin to re-open. This will be uncertain and frustrating for contractors. Guidelines will change daily and won't be consistent by state, county, city, company, or contract.
Can't Read the Label From Inside the Jar
By definition it is impossible for any of us to know what we don’t know. Who are the top 5 people inside your organization that help each other refine your models of projects, your company and the industry?