Definition of Sustainability

How sustainable is your construction business?

D. Brown Management

March 8, 2019 1 minute read

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?

Levels of Improvement: Start with the Foundation

Every process in your business including field productivity will go through three levels of improvement: From predictable to productive to scalable. Trying to skip levels is the surest way to slow down improvements across the company.

business management labor productivity

Reflections on Learning to Ski - 8 Core Principles for Learning a Completely New Skill

While I am learning every day, it has been a very long time since I’ve put myself in the position of learning something completely new. That has now changed, as over the last couple of weeks of 2019, I learned to ski.

leadership self improvement talent development

Succession Readiness at All Levels

Succession goes far beyond ownership transitions every generation or two. Succession readiness at all levels is what allows contractors to grow profitably and safely. How would you evaluate succession readiness across your team?

Organizational Development succession Talent Value Stream (TVS)