The Risks of Vision and Strong Leadership

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. They align their teams tightly around the vision, goals, and strategy. This may introduce risks.

D. Brown Management Profile Picture
Share

 

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, set up 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, but 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 and not a failure of available capital or deal structure.  

Learn more




Balancing Modes of Prioritization and Career Progression
If your workload prioritization seems impossible, try looking at it from a higher-level of prioritization. We all must prioritize in life and at work. Our outcomes are heavily impacted by how effective we are at prioritization.
Cash Flow and the 5Cs of Credit - Capital
The 2nd of the 5Cs of Credit is how much capital you are putting at risk, along with your financial partner. Contractors should design and follow their own capital management policies appropriate for their business.
Feedback - Build up, Don't Beat Up
Talent development is often slowed down because people don’t know how to give productive feedback. The skills of giving, receiving and acting upon feedback can be developed.