Zero to One - Advice From Peter Thiel

Construction as craft and as a business has been around for thousands of years.

D. Brown Management Profile Picture
Share

Contractors build and maintain the infrastructure that enables society to grow.  That history comes a lot of pride. It also brings a lot of difficult to change habits.

Leadership Tools: Advice from Peter Thiel. 10 Years vs 6 Months. Book: Zero to One by Peter Thiel.

With the rate that technology is changing the industry leaders in construction companies should learn a little more about how technologists think.  It will make you think differently about your strategy; especially around talent development and technology adoption.  

Peter Thiel challenges some assumptions about how long things should take to innovate in the book Zero to One.  

"If you go back 20 or 25 years, I wish I would have known that there was no need to wait."

“You should take your 10-year life plan and ask:  Why can't I do this in six months?”

"Sometimes, you have to actually go through the complex, 10-year trajectory; but it's at least worth asking whether that's the  story you're telling yourself, or whether that's the reality? "




Cash Flow Myth 1 - Profitability Does Not Equal Cash Flow
Cash flow does not equal profitability. While in theory these two critical scoreboard metrics are disconnected in reality cash flow is a pretty reliable predictor of profitability both good and bad.
CMAR - Strategic Market Choices and a 3-Part Approach
Being truly competitive (or not having to compete at all) with the Construction Manager at Risk (CMAR) project delivery method requires advanced business development and preconstruction capabilities.
The Big Lie of Strategic Planning
Strategy and planning are two very different things requiring two very different mindsets. Calling it “Strategic Planning” is the first place that can send teams down the wrong path.