Issue 8 of 9: Industry Trends

Construction Ownership Transition Issue 8 of 9: The Construction Industry is Seeing Large Shifts With Several Interrelated Trends.

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How well the company is positioned to leverage these trends will have a huge impact on valuation and the ability to generate the cash required for the transaction.  

Succession: Ownership Transition Issues - Number 8 Industry Trends. Focusing on Project Deliver Methods, Technology, Geographic Expansion, and Talent Shortage.

Contractors that are poorly prepared for these trends will find lower valuations and fewer exit options. They are also likely having significant problems attracting and retaining talent, which is in limited supply as the best talent is attracted to the teams that will win tomorrow.  

Consider our Executive Briefing to prepare your team.


Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Succession
Continue building value in your business, yourself and your key team members with a good succession strategy....

Profitability and Predictability
Contractors who are consistently improving their scoreboard, including profitable growth, focus on making the behaviors and actions that LEAD to profitability consistent habits.
Retirement Onboarding - Post-Retirement Business Involvement
Contractors are a special breed of people. We work “Mach 5 with our hair on fire” for decades, putting in 50-90 hours per week. We love the industry and want to stay involved.
Feedback - Build up, Don't Beat Up
Talent development is often slowed down because people don’t know how to give productive feedback. The skills of giving, receiving and acting upon feedback can be developed.