Strategy and Fighting the Fewest Battles

Nothing will have a bigger impact on a contractors business over the next decade than putting in a very rigorous process for strategy development and execution.

D. Brown Management Profile Picture
Share

The industry is changing rapidly due to technology, a massive shortage of management talent as well as major trends in project delivery and geographic expansion.  

Leadership Tools: Strategic Planning. A General does not plan how to win every battle; they plan how few battles they need to fight to win the war.

Strategic decisions along with the operating rhythms and the feedback mechanisms that ensure execution are the most highly leveraged decisions in the business. 

This is an area where an experienced 3rd party can add significant value.  Find someone that resonates with your team and has experience relevant to your company.  Change the facilitator every few years for fresh ideas. Unless they are really bad don’t change them every year so you have some continuity.  You might consider overlapping facilitators having the outgoing facilitator sit in on your side of the table providing additional continuity.  

Consider bringing in some of your key customers, vendors and subcontractors as part of your strategic planning process.  Whatever you do; don’t underestimate the value of this process.   

Learn More




Leveraging Geographic Expansion for Leadership Development
Geographic expansion is impacting all contractors whether it is major customers pulling them into new markets, new competition coming into their “hometown” or as a proactive strategic growth move by the contractor.
The What, Why, and How of a Construction Business (Vision, Mission, Values)
There are thousands of details to get right while building a successful construction project, business, or career. Clarity around the basics of what we are building, why we are building it, and how we will behave and decide along the way is crucial.
Opportunity Pipeline Target Size: The Basic Math
The biggest leading indicator for performance of a contractor is the size, quality, and trajectory of their opportunity pipeline. There are lots of nuances and complexity to evaluating your pipeline, but it all starts with the principles and basic math.