Every day construction companies produce a treasure trove of information: Bidding benchmarks, production metrics, accounting data. There is a vast amount of value to that data if it is managed and utilized effectively. This requires the efficient implementation of technology and an understanding of the strengths and limitations of various technology solutions. Unfortunately, this is…
Do the math they said. Math is the stronghold of business they said. They’re not wrong. But while there’s no denying that learning to count in more ways than one determines game-changing decisions in construction. Numbers are crucial for very obvious reasons, especially when it comes to changing gears from strength or growth to a…
The construction industry is one of the major contributors to the US (and global) economy. But schools are putting less priority on technical education for young adults who will soon occupy most of tomorrow’s workforce. People now have the choice to either get a 4-year degree from a college or immediately join the workforce right…
The buildings and infrastructure you see all around you started with a single thought. That thought was communicated to people who then built with skill and hard work. Without that thought, nothing would be created. Just like how those buildings started with a thought, your thoughts and your mindset also play a critical role when…
As a construction executive, devoting all or much of your time to work is normal. After all, you need to adhere to some strict schedules and deadlines.But what you don’t realize is that in putting yourself under immense pressure, you may be on the path to emotional, mental, and physical exhaustion. In this fast-paced environment,…
One thing that all business owners need to face is that one day, we all need to pass the baton on to the next generation. However, for someone who has built his or her business from the ground up, it might not be the easiest thing to do. Succession planning is something that business owners…