Definition of Sustainability

How sustainable is your construction business?

D. Brown Management Profile Picture
Share
Leadership Tools: Definition of Sustainability: The ability to be maintained at a certain rate or level.

Not your ability to build sustainable buildings, but the true sustainability of your business.

  • Are the market(s) that you are in stable or at least counter-cyclical to each other throughout various economic cycles?

  • Are those market(s) growing, stacking the cards in your favor that your company will continue growing?

  • Do your customers love you to the point where they keep coming back to you for projects?

  • Do you have good business development capabilities that will create predictable revenue growth?

  • Do you have good talent development systems, ensuring that your revenue growth does not exceed your ability to grow and retain leadership talent?  

  • Are you generating enough free cash flow to support your growth?

Sometimes, an outside perspective can be invaluable for helping assess and improve your sustainability. 

What does your scoreboard say?  




Fixing a Messy Teenage Bedroom
Most parents will teach their kids how to keep a clean bedroom through a combination of leading by example, training and daily management until the kids form their own good habits. Lean tools like 5S are the organizational equivalent.
Planning for the Continued Decline of the Deep Expertise Age Band in Construction
Strategies and tactics for contractors to thrive despite the 25% decline in the "Deep Expertise" age band between 2015 and 2030. There are no magic bullets but there are proven processes that have been used before.
Lean Principle - 3 Enemies of Lean
Profitable growth comes from operating within a target capacity and capability range - and continually increasing those ranges. Operating with consistent overload, consistent under capacity, or with consistently high variability is not sustainable.