Definition of Sustainability

How sustainable is your construction business?

D. Brown Management Profile Picture
Share
Leadership Tools: Definition of Sustainability: The ability to be maintained at a certain rate or level.

Not your ability to build sustainable buildings, but the true sustainability of your business.

  • Are the market(s) that you are in stable or at least counter-cyclical to each other throughout various economic cycles?

  • Are those market(s) growing, stacking the cards in your favor that your company will continue growing?

  • Do your customers love you to the point where they keep coming back to you for projects?

  • Do you have good business development capabilities that will create predictable revenue growth?

  • Do you have good talent development systems, ensuring that your revenue growth does not exceed your ability to grow and retain leadership talent?  

  • Are you generating enough free cash flow to support your growth?

Sometimes, an outside perspective can be invaluable for helping assess and improve your sustainability. 

What does your scoreboard say?  




Scoreboards & Scorecards: Talent Development + Business Results
Once someone understands the basics of the task to be done, nothing will improve performance faster than actionable and timely feedback. People align around common scoreboards (think sports) while more detailed scorecards guide decisions and development.
BIM Culture
Virtual Design & Construction (VDC) is changing every aspect of project delivery. There is a lot of technology involved and many technical challenges. But ultimately the biggest challenges are about talent:
Project Delivery - Design-Build
The Design-Build method of project delivery eliminates a couple of the major negatives inherent in the Design-Bid-Build method, integrating construction and design by putting the contractor fully in charge of the process.