When leading any team to victory, you can’t underestimate the value of strategy or that burning desire to win built deeply within yourself and everyone else on the team. They only represent a small part of what it takes to win consistently.
Without satisfied and growing customers, nothing else a contractor does will matter. Few things are more profitable for contractors than recurring work negotiated with a select group of project owners.
leadership principles sustainable growth wisdomLook at productivity as a daily “Jar” where your objective is to pack as much “Earned Value” into it as possible. Look at your costs in three major categories and focus on tracking what matters the most.
Developing rigorous weekly Operating Rhythms in your business will help everything run smoother just like they do at the project level.
When you are looking at your scoreboard, remember that industry average benchmarks and single points in time only tell part of the story.
Construction Ownership Transition Issue 1 of 9: Strength and Alignment of the Management Team. Beyond liquidation, nearly 100% of the value of a construction business is based on the management team's ability to profitably grow the business.
Keeping score is foundational for success in construction, sports, and many aspects of life. Too frequently, scorekeeping fails to deliver improved results. Here are the 16 reasons why from the changes required by growth through systems and management.
metricsDefining what you want in quantifiable outcomes is extremely difficult. It's 10X harder to define those outcomes throughout the whole company from field to CEO. Defining the leading activities that create those outcomes is another 10X more difficult.
business management metricsImproving the project planning and delivery process starts with improving predictability around the schedule. Nearly every Superintendent and Foreman is familiar with the Short-Interval-Plan (SIP) and typically fill one out weekly looking ahead 1+ weeks.
lean constructionThis outcome-based scoreboard keeps everyone focused on what matters. Avoid metric overload and diffusion of resources. All other metrics throughout all levels of the organization fall into a hierarchy below these with priorities changing over time.
business management business planning cash flow metrics scoreboard succession