The Risks of Vision and Strong Leadership

The strongest leaders at all levels in construction have a clear vision of where they are headed and are relentlessly focused on achieving their goals. They align their teams tightly around the vision, goals, and strategy. This may introduce risks.

D. Brown Management Profile Picture
Share

 

Leadership Tools: Tunnel Vision and Strong Leadership equals Failure. Example: The 1978 United Flight 173.

This is absolutely the leadership required to bring a project out of the ground, set up a new department such as prefab, enter a new market, launch a new branch office or found a contracting business.  

As a contractor grows the leadership styles must also adapt along with the entire team dynamics. The airline industry has learned this through many failures including United Flight 173.  

It would be too easy to blame the captain, but similar incidents had occurred in the past. Root Cause Analysis pointed to deeper cultural and training issues. There hasn’t be an incident like this since.  

Our mission is to help contractors build stronger businesses for the next generation. We spend a significant amount of our time helping prepare leadership teams for succession and have learned many lessons along the way.  

Every failed succession we have seen has been a failure of talent not being properly aligned and not a failure of available capital or deal structure.  

Learn more




Always Do the Math and Build Your Own Models
You will learn more in the process of building and refining your own models than you will in just reading 1,000 headlines. How much time do you spend developing your own models as a mechanism to learn?
The Cost of Specializaton
Learn the right balance between specialists and generalists. Specialization is great and is what has allowed all of us to continually experience improved lives for generations. However, when taken too far, specialization can become a liability.
Exponential Growth of Technology
Technology innovation has always occurred at an exponential rate and has been starting to impact the $1 trillion construction industry at increasing rates.