Plan Ahead, Adjust Early, and Accelerate Recovery

Construction in any given industry sector or geographical area is a cyclical business.

D. Brown Management Profile Picture
Share
Leadership Tools: Plan ahead, adjust early, and accelerate recovery.

There are four major levers a contractor can pull to ensure the business performs well throughout all economic cycles. 

  1. Diversifying across several counter-cyclical industry sectors and/or geographies.  
  2. Focus on cross-training core team members so they are agile enough to move between types of projects and even geographies as the market changes.  
  3. Develop aggressive and effective business development capabilities to be able to swim upstream like a salmon.  
  4. Build strong forecasting capabilities to be able to see a market softening well in advance and to act upon that quickly.  

Developing the people, processes, tools and discipline required to forecast out 18-24 months always makes teams stronger.  Exercising teams to really think through what would happen if either their business doubled or halved in the next 18-24 months it makes them more prepared for either. 


Schedule a meeting with our team to learn more about how we help contractors accelerate profitable growth  




Incentive Compensation for Contractors - Prerequisites
From Stephen Covey’s top selling book, “Seven Habits for Highly Effective People,” Habit #2 is to “Start With The End in Mind.” This principle applies to organizations in general and incentive programs in particular.
Change Order Management Funnel
Managing changes effectively means that you need clear visibility across all projects. While the workflow will vary by project, the key milestones in your internal process will remain fixed.
Integrating the Seller-Doer Model with the Dedicated Business Developer Model for General Contractors
The following pages makes a strong case for General Contractors integrating the Seller-Doer model with dedicated Business Development Professionals for profitable growth.