Picking Your Successor
DEPARTMENTS: BUSINESS DEVELOPMENT Successfully managing a construction company is all about making the right decisions. Some decisions have small consequences and can be easily rectified. Some have...
View ArticleChallenging the Status Quo
As a leader, it is essential to have a clear definition of what you believe entrepreneurial behavior is and to share it with others who are expected to behave as entrepreneurs within the organization....
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Finding Opportunity in Today’s Acquisitions Market
Like investing in the stock market, acquisition strategy requires constant analysis. As it enters the end of 2011, the construction industry faces more than 14 straight quarters of contraction and...
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Prepare Your Future Leaders Now
Succession planning is an important process and one that serves, as do many others, a specific role in the organization’s health, continuity and ability to compete effectively in the marketplace....
View ArticleTenets of Transfer
The size and breadth of the construction market dictate that it is always undergoing constant change. The trends and realities of ownership transfer are not immune to this constancy of change. In fact,...
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Competitive Research
The nature of competitive intelligence is largely misunderstood and consequently misdirected in the construction industry. Quite commonly, efforts are made to reveal some well-guarded secret or secrets...
View ArticleThe Power of Collaboration in Design and Construction
During the last decade, the evolution of design and construction functions has taken a leap forward with the transition from electronic drafting to high-resolution digital modeling (also known as...
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Six Steps to Successful Management Succession
When leadership transitions from one generation to the next, the resulting transfer of power, influence and wealth can bring a turbulent combination of fear, anxiety, anticipation and hope. This has...
View ArticleAcquire a Company Only as Part of a Strategic Direction
In the last six decades, many researchers have attempted to identify the key variables leading to successful company acquisitions. These studies have not always been definitive or quantifiable. The...
View ArticleAssessing the Value of Private Equity
A private equity transaction could present a “best-of-both-worlds” scenario. For most owners in our industry, the mental image of a private equity firm does not match their idea of an ideal partner....
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