Leveraging Geographic Expansion for Leadership Development

Geographic expansion is impacting all contractors whether it is major customers pulling them into new markets, new competition coming into their “hometown” or as a proactive strategic growth move by the contractor.

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Given the talent shortage that will be 3X worse by 2020 contractors must look at ways to accelerate their leadership development.

Geographic Expansion Leadership Development. How can you leverage geographic expansion for leadership development?

If managed right geographic expansion can be a great tool for developing leadership.  The organizational structure has to be setup correctly with the right levels of training, coaching, mentoring and management in place.  This is a tricky balance to strike with some of the tactics being counter intuitive. 

Don’t underestimate either the value or the challenges of geographic expansion. 

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OpEx (Benchmarks, Trends, Forecasts, and Predictions)
Operational excellence including financing and financial outcomes along with critical internal functions like supply chain, virtual construction (BIM), fabrication, and technology.
Production Tracking - Having Fun and Winning
Contractors will get the most out of their teams by building a culture around the fun of the construction game and how fun playing a game is and how good winning feels. How fun are you making your projects?
Building Ships and Vision
There is a lot of work in building projects and building a construction company. It is easy to get mired down in endless to-do lists, processes and problems. The one thing that holds this all together accelerating performance is the company’s vision.