Business Growth Cycles

All contractors go through different stages of growth. While these stages are well-studied and predictable they are not black and white nor are they easy to manage through.

D. Brown Management Profile Picture
Share

Each stage of growth requires rigorous evaluation and adjustments to these four areas:

Business Growth Cycles. All Business Experience It.
  1. Re-Evaluation of Market Focus: Will our current customers and geography provide the stability and returns we are looking for at the next stage of growth throughout the inevitable economic cycles?
  2. Organizational Structure: Stages of growth are all associated with the need to insert another layer of management.
  3. Operational Processes: With the growth and changes in organizational structures the workflows, tools used and processes will need to be refined or changed all together.
  4. Leadership Focus: Most importantly the leadership focus and supporting systems including communications and compensation has to change to support each stage of growth.

With proactive leadership you can grow at a sustainable rate minimizing the variability on profit growth and stress levels on the team. Perspective is difficult for everyone when they are in the middle of a growth stage and especially if you have never been through this stage of growth before. 

Learn more




Cash Flow Tip 9 - The Project Schedule and Cash Flow
The smoother the project schedule is, the smoother your cash flow will be. Large variations in the resource loading across a project’s duration impact cash and productivity.
Retirement Onboarding - Future Vision for Your Company
Owners have the unique position of having both the luxury and the responsibility of making sure that their vision for the company is the future vision of the company.
CFMA: Effective Interviewing Processes
As part of the talent diagnostics luncheon, 83% of the group identified a lack of qualified candidates. Only 35% self-rated their interviewing process as “Very Effective,” while many cited lack of time to effectively manage the process.