Prioritize and Execute

You are simultaneously building a construction project, a construction company and a career in construction along with a personal life.

D. Brown Management Profile Picture
Share
Leadership Tools: Prioritize and Execute. Books: The Martian by Andy Weir, Extreme Ownership by Jocko Willink and Leif Babin, The 4 Disciplines of Execution by Chris McChesney, Sean Covey and Jim Huling.

There will always be more problems to solve and potential opportunities to explore than you have the resources for.  How do you deal with this individually and as a team?  

  • Working hard is a big part of the solution.  Waking up early and staying a little late never killed anyone.  
  • Working efficiently is also critical.  Work with urgency and accuracy without over-processing.

These however are just prerequisites.  The real issue is how you prioritize and sequence what you are working on.  If you are leading a team it is how effectively you align the team around prioritization and execution.  This gets exponentially harder as your company grows.  




Ownership Transition - Key Buyer Risks
While different, buyers of a construction business have just as many risks as sellers. Deeply understanding the risks for both parties is a great start to creating the foundation of a deal.
Project Cash Metric and Cash vs. Margin Variance
Contracting is a very capital-intensive business and it is critical to constantly be watching cash flow performance. This metric is the highest level of an “OUTCOME” for cash flow at the project level, summarizing the performance of ops and accounting.
OrgDev (Benchmarks, Trends, Forecasts, and Predictions)
Construction industry benchmarks, trends, forecasts, and predictions for all things talent related including demographics, broader cultural trends, and education programs.