Strong Leadership and a Clear Vision

The strongest leaders at all levels in construction have a clear vision of where they are headed and are relentlessly focused on achieving their goals.

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They align their teams tightly around the vision, goals and strategy.  

Leadership Tools: Tunnel Vision and Strong Leadership equals Failure. Example: The 1978 United Flight 173.

This is absolutely the leadership required to bring a project out of the ground; setup a new department such as prefab; enter a new market; launch a new branch office or found a contracting business.  

As a contractor grows the leadership styles must also adapt along with the entire team dynamics.  The airline industry has learned this through many failures including United Flight 173.  

It would be too easy to blame the captain however similar incidents had occurred in the past.  Root Cause Analysis pointed to deeper cultural and training issues.  There hasn’t be an incident like this since.  

Our mission is to help contractors build stronger businesses for the next generation.  We spend a significant amount of our time helping prepare leadership teams for succession and have learned many lessons along the way.  

Every failed succession we have seen has been a failure of talent not being properly aligned; not a failure of available capital or deal structure.  

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Finding Joy in Your Work
What do you love doing so much that you would practice until your fingers bled while loving every minute of it? Do you think this is realistic to achieve with your career? With the careers of your team members?
Cash Flow and the 5Cs of Credit - Capacity
The 3rd of the 5Cs of Credit is how much capacity your business has to profitably build the projects, ensuring payback of the loan or minimal risk in the case of insurance or bonding.
Planning - Integrating the 4 Key Responsibilities
Effective planning combined with regular feedback (at least weekly) combined with a structured look at how to improve each week is the key to integrating the four key responsibilities of a Foreman.