Blog

Poor Succession Planning Leads to Frustration and Regret

Successful but Frustrated I was chatting recently with the partner of a construction company at an industry event. Over the past twenty-five years, he and his two partners have built a successful business. They have a stellar reputation for quality and safety, and they have their processes dialed in so well that they rarely fail…

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How Apple Increased It’s Market Cap. 300%

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An Untimely Death Steve Jobs, Apple’s iconic founder, died on October 5th, 2011. At the time…

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Prefab/Modular Construction Increasing

Prefabricated/Modular components are more popular with GCs then Subs, and with larger contractors ($100m +) than smaller contractors. “Half of all contractors using prefabricated and modular approaches expect to increase their use in the next three years.” Here are a few more highlights from the Q1 2018 Commercial Construction Index: 45% of contractors currently using…

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Q1 2018 Healthy Construction Market Data

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I recently read the Commercial Construction Index published by USC Corporation and the U.S. Chamber of commerce. Construction continues to trend positively. Q1 2018 Backlog, New Business, Revenue/Profit Highlights: 80% of contractors report steady or increasing backlogs Average reported backlog: 8.9 months (Ideal backlog is 12.2 months) 58% of contractors want to hire 90% of…

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How To Break Project Failure Cycles

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In this economy, most construction companies are so busy, they neglect to make time to do…

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3 Lessons for Construction Leaders from Last Night’s Super Bowl

The Super Bowl was epic! The underdog Philadelphia Eagles took down the NFL’s “evil empire”, the New England Patriots. The game featured incredible plays: Asked about this play after the game, the Eagles Head Coach, Doug Pederson said: “I trust my players, I trust my coaches and I trust my instincts. I trust everything I’m…

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