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
D. Brown Management
March 18, 2020 2 minute read
business planning field operations field productivity project management project planning
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
Degree of Discretionary Time with Growth in Role Levels and Business Size
The degree of discretionary time that someone has in doing their job grows with their role level - for example from crafts person to VP of Operations. For similar roles, that time decreases with company growth as the job roles become more tightly defined.
Related Article
Building an Effective Preconstruction Team
Your precon team is your company from the perspective of the project owner. Put your best foot forward by selecting the right people in the right roles at the right stage of the project.
Related Article
Market Share and Margins (Economic Theory and Practice)
When evaluating or deciding on a market strategy, it is helpful for contractors to understand some economic theories and real-world examples of how margins and market share relate to each other.
Related Article