14 Principles for Creating Value

We see these principles applied frequently within profitably growing contractors.

D. Brown Management Profile Picture
Share

Most of the problems we see are due to a breakdown in the application of these principles.

Leadership Tools: 14 Principles for Creating Value in Business, on Projects and in Life.

Have a clear vision. Know your resources and that there are many ways to get there, but none are perfect.

Learn from others. Often with conflicting perspectives engaging in rigorous debate.  

Develop a pragmatic forecasting model early and refine it frequently with S.M.A.R.T. experiments to understand the resources required, returns, and risks.  

Zoom out to see the bigger picture, including synergies, redundancies, and comparative value-add.  

Keep things simple.  

Be clear about who is best to decide what and by when.  

Commit fully to execute aggressively and optimistically with discipline and the stamina to stay the course.  

Track progress and adjust accordingly.


In future posts, we will continue to unpack each of these principles and provide more details.  

We help contractors grow profitably by keeping pressure on your vision. 




Resource - Elevating Construction Superintendents (General Contractors)
Elevating Construction Superintendents by Jason Schroeder is our most recommended book for Superintendents, Project Managers, and Senior Leadership at all GCs along with top leadership at any specialty contractors with a field workforce of 50+ people.
Ownership Transition and Capital Basic Model
When a contractor goes through an ownership transition, the business itself is the proverbial goose laying the golden egg. Remember the basic math formula for ownership transitions and use this simple calculator as a starting point.
6 Phases of the Strategy and Planning Process
The strategy and planning process for a contractor can be broken down into six phases. Each phase is integrated but has a different objective and involves different people. These phases will help you create the right process for your stage of growth.