Builder and Business Manager Integration

A successful and sustainably growing construction business has the right balance of builder and business manager skills on the team.

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  • There is a healthy respect between all team members for both sets of skills.
  • Team members are cross-trained on both sets of skills to make integration tighter, leading to better decisions.  
  • The organizational structure supports this integration and cross-training.  
  • There are training, coaching, and mentoring programs that leverage internal and external resources to develop both sets of skills.  

Key Business Management Skills Include:

  • Strategy and business planning
  • Financial and risk management
  • Process improvement tools and techniques
  • Opportunity and resource alignment for sustainable growth
  • Business development
  • Talent recruiting, development, and management
Leadership Tools: Builder and Business Manager: Development and Integration

 


How well does your business integrate builder and business manager skills?  

If you could improve only one area in the next year what would it be? 




Degree of Discretionary Time with Growth in Role Levels and Business Size
The degree of discretionary time that someone has in doing their job grows with their role level - for example from crafts person to VP of Operations. For similar roles, that time decreases with company growth as the job roles become more tightly defined.
Valuation Math - Growth Pays
All other factors being equal, a contractor that can accelerate growth after the purchase will -- in most cases -- be able to pay for the business quicker.
Incentive Compensation for Contractors - Risks
The highest risk with any incentive program is the lack of a well thought out and systematic approach to either administering or implementing the program.