Profitability and Predictability

Consistent profitability follows predictability.

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Contractors who are consistently improving their scoreboard, including profitable growth, focus on making the behaviors and actions that LEAD to profitability consistent habits.  

Leadership Tools: Consistent Profitability Follows Predictability.

Having a BIG GOAL is exciting to talk about, but whether in business, sports, or life, merely having that goal isn't enough to get you there.  

You must have a BHAG (Big Hairy Audacious Goal) to set your vision, help you chart your course, and help you get back up after continuous setbacks...but the REAL WORK of achieving that goal comes down to intense focus on doing the small things consistently. Every single time.    

This is why the Last Planner System© (LPS) focuses on consistency of weekly execution with a feedback and learning component.  

Consistent execution of these standards may seem boring, but they are the foundation of continuous improvement. The Plan > Do > Check > Act (PDCA) process can’t work if you don’t have standards in place that are consistently being followed.  

How predictable is your business development? Your estimating? Your project delivery? Your field productivity? Your financial results? Contact us to have a conversation.




Cash Flow Tip 6 - Build Relationships
Build Relationships at All Levels. There isn’t a “Computer” that is negotiating your contract with you, approving your Schedule-of-Values, approving your billing or ensuring timely payment for you. It is the people.
Definition - Attention Saturation Bias
When people are exposed to something too often, they tend to overlook it or underestimate its significance. This can cause critical information to fade into the background and be ignored.
Prepare Your Business - People
Your people are your business. This is especially true for contractors where nearly 100% of competitive differentiators are the experience of your people. Now we are faced with lots of unknowns and yet we must act decisively.