Alignment and Ownership and Creating Value

As a construction company grows, it becomes increasingly important to align everyone on the team.

D. Brown Management Profile Picture
Share

This is especially true with the tightening labor market that will continue to worsen through 2030. 

Succession: Alignment Creates Vale. Quote: There are two rules. First, my stock will be acquired by the company. Second, company stock will be owned by employees. Peter Kiewit 1978

Alignment comes from being transparent with your guiding principles or values and living them every day with integrity, as described by Dr. Brené Brown.

Kiewit is a great example of how this alignment built a business that has been sustainably growing for over a century.  

In their book, there is a section about Peter Kiewit and how he sold his shares to the company using the same formula that applied to every other employee owner. Additionally, he set a couple of simple rules in place around how ownership was to be handled.

While their employee ownership plan and strategy is more complex in execution, there are these simple guiding rules and their value of “Stewardship” that form the foundation of this alignment.   


If you are interested in learning more about how some of these tactics could apply to your business, reach out to Sue Weiler-Doke for a conversation.

Lonnie Morelock can talk about how this aligned the field effectively.  


Alignment and Ownership and Creating Value
Continue building value in your business, yourself and your key team members with a good succession strategy....

Alignment and Ownership and Creating Value
Continue building value in your business, yourself and your key team members with a good succession strategy....

Levels of Design / Development / Detail - Beyond just Design
Contractors can improve business results by applying many of the same processes and vocabulary to their business that the industry is applying to projects. Consider how the different Levels of Detail (LOD) could be applied to your planning processes.
Observe, Orient, Decide, and Act (The OODA Loop)
The OODA Loop is a decision-making framework originally developed for the military to make agility a competitive advantage. The focus on fast, localized decisions in rapidly changing environments aligns well with construction projects and businesses.
The Four Traits of Successful Executives
There is a lot more to success than being charismatic and extroverted with a perfect track record. The ghSMART company conducted research on over 2,000 leaders, correlating detailed notes from the candidate screening process with their results as leaders.