Process Improvement and Cycle Times

When contractors grow inefficient processes usually get substantially more inefficient dramatically changing the Return on Investment (ROI) model.

D. Brown Management Profile Picture
Share

Saving 5 minutes per cycle for something done 100 times per month is only worth $6,000 over a couple years. At 1,000 cycles per month it’s worth investing up to $60,000 to make the process more efficient.  

Management Tools: Graph representing Saving Seconds Adds Up with Increased Cycle Times.

Where are your opportunities?

Too many times as contractors scale they look primarily at the technology tools and get poor results. One factor often underestimated is the investment in rolling out the new standards versus just the cost of the technology

Corbins Electric and NOX Innovations are really good at is looking at the whole workflow, talent, culture and technology. They give a great example of this with their purchasing process improvement.  

Everything stated here seems easy enough but is VERY difficult to execute consistently.  The team at Corbins has done an amazing job balancing high-level strategic direction, culture and process streamlining.  They are also great about sharing with their peers in the industry.




The Cost of Specializaton
Learn the right balance between specialists and generalists. Specialization is great and is what has allowed all of us to continually experience improved lives for generations. However, when taken too far, specialization can become a liability.
003 - Talent Value Stream for Construction (Intro)
Turn the construction talent shortage into your advantage. As talent scarcity worsens through 2030, master your Talent Value Stream (TVS) to ensure growth isn't limited. Includes 2 hours of examples and 25+ resources to grow your career and company.
Lessons from the 9th Grade
At the beginning our our lives, careers and businesses we can get into an extremely comfortable position with someone else taking nearly 100% of the responsibility. Someone else tells us what to do, how to do it and when it needs to be done by.