Planning and Preparing for Unknowns

Rigorous scenario planning with your team is what’s required right now to ensure everyone is agile and aligned in their decision making.

D. Brown Management Profile Picture
Share

When faced with many unknowns, it is important to plan and prepare for multiple scenarios while holding off on being decisive until the last responsible moment.

COVID-19: Planning and Preparing for Unknowns. Dwight D. Eisenhower speaking to his troops, preparing for battle.

“Deciding with Speed and Conviction” is one of the four specific behaviors demonstrated by high performing CEOs, based on studies of over 17,000 assessments of C-Level executives    

“Good CEOs realize that a wrong decision may be better than no decision at all.” - HBR What Sets Successful CEOs Apart 

The second specific behavior is “Engaging for Impact.”

There will be many challenges and opportunities facing contractors in the next few weeks, months, and years. Ensure that your team thrives in this environment.  



Related Training

The Contractor Scoreboard - A Contractor Must Do 3 Things
This outcome-based scoreboard keeps everyone focused on what matters. Avoid metric overload and diffusion of resources. All other metrics throughout all levels of the organization fall into a hierarchy below these with priorities changing over time.
Change Orders and Average Cost Impact to the Project (Industry Survey)
Changes are a part of the construction process with many underlying causes. While we have all heard the average of 10% changes on construction projects, it is interesting to look at an industry study for validation.
Contractor Business Model: Evolution with Stages of Growth
As a contractor navigates the different stages of growth, the complexity of their business model evolves, including their organizational structure, management systems, and people. Seeing this model visually helps identify bottlenecks and constraints.