When planning, separate the questions you ask yourself into tactical and strategic categories. Answer the strategic ones first, back-checking them against the tactical ones to evaluate the viability of your plans.
management planning strategyHaving the right ratio of internal promotions and external recruits at different levels of the company is critical for growth and succession. Use these target ratios, rationale, and qualifiers to evaluate your Talent Value Stream (TVS).
recruiting talentConditional love isn't effective in most situations, including parenting, careers, leadership, ownership, and life in general.
talentTaking an objective look at your current-state organizational structure and the people in each role forms the foundation for your recruiting, development, and business planning.
Organizational Development organizational planning OrgDev talentBuilding capabilities in a person takes a balanced approach, starting with clear standards, training, and consistent management.
development management standards trainingPlanning for a 50% organizational structure is valuable both for contingency planning and for highlighting growth opportunities. Constraints breed creativity, and there is no greater constraint than talent.
Organizational Development OrgDev planning talentCapital is one of the three primary growth constraints for construction contractors. Use this simple formula to determine how much of your pre-tax net profits need to be retained in the company to support growth and to establish your safe growth limits.
capital cash finance growthConstruction contracting is a risky business that should yield appropriate returns. We did this fun comparison looking at different types of contractor's financial benchmark returns and debt leverage against some selected other companies for 2023.
capital cash finance planningReduce risk and increase returns by analyzing opportunities and selecting those that offer the highest return on working capital.
capital cash finance strategyContracting is a capital-intensive and risky business. Understanding the key categories of capital at risk, along with their different risk factors, enables construction owners and leaders to make better decisions.
capital finance risk