Can’t I just buy an app for that? One of the biggest shifts in the construction technology ecosystem is the transition from a few large monolithic packages to a mixed regime of comprehensive software packages and smaller apps.
Self-leadership and self-development are incredibly important habits for everyone. For those who are in positions to lead and influence others, these are some of the most critical habits to develop in others.
Do your projects burn or build cash? The biggest cash flow variable for a contractor is their projects. Cash flow is a critical scoreboard metric for contractors.
Striking a balance between immediacy and scalability is a constant decision with Systems Development and will be ever-changing in most organizations. The needs of your organization may necessitate erring on one side of that balance or the other.
When getting started with a plan, it is usually better to start with something more general and the distribution criteria being weighted more heavily toward management subjectivity.
When starting an incentive compensation program, the best thing you can do is start relatively simply and create a good plan for reviewing the results and then improving the program.
The business of construction is both challenging and exciting, with days full of risks and rewards. Jack Stack calls it “The Great Game of Business,” where he describes how to create a culture of ownership.