Zero to One - Advice From Peter Thiel

Construction as craft and as a business has been around for thousands of years.

D. Brown Management Profile Picture
Share

Contractors build and maintain the infrastructure that enables society to grow.  That history comes a lot of pride. It also brings a lot of difficult to change habits.

Leadership Tools: Advice from Peter Thiel. 10 Years vs 6 Months. Book: Zero to One by Peter Thiel.

With the rate that technology is changing the industry leaders in construction companies should learn a little more about how technologists think.  It will make you think differently about your strategy; especially around talent development and technology adoption.  

Peter Thiel challenges some assumptions about how long things should take to innovate in the book Zero to One.  

"If you go back 20 or 25 years, I wish I would have known that there was no need to wait."

“You should take your 10-year life plan and ask:  Why can't I do this in six months?”

"Sometimes, you have to actually go through the complex, 10-year trajectory; but it's at least worth asking whether that's the  story you're telling yourself, or whether that's the reality? "




Benchmarks Only Tell a Partial Story
As the leader of a contracting business, you must be constantly focused on the basic scoreboard metrics of customer satisfaction, profitability, and cash flow. What’s a good number? What are others doing?
What Do You Really Need to Be Effective?
Better tools and feedback systems will NEVER create value without the investment in training people and continuous hard work.
Definition of Integrity
Your culture can be defined as the behavioral norms within your organization. Companies often define these as their values and 'Integrity' nearly always comes up.