Definition of Sustainability

How sustainable is your construction business?

D. Brown Management Profile Picture
D. Brown Management
March 8, 2019 1 minute read
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?  

Intelligence Progression from Fluid to Crystallized
Understanding fluid versus crystallized intelligence is critical for hiring, training, organizational structures, workflows, and retirement planning.
Related Article
Allocation of Management Resources
Most new initiatives that contractors try often fall short of expectations due to poor management time allocation during start-up. We work with a lot of contractors and rarely see truly bad ideas or teams that truly can’t execute.
Related Article
Lessons from the 9th Grade
At the beginning our our lives, careers and businesses we can get into an extremely comfortable position with someone else taking nearly 100% of the responsibility. Someone else tells us what to do, how to do it and when it needs to be done by.
Related Article