14 Principles for Creating Value

We see these principles applied frequently within profitably growing contractors.

D. Brown Management Profile Picture
Share

Most of the problems we see are due to a breakdown in the application of these principles.

Leadership Tools: 14 Principles for Creating Value in Business, on Projects and in Life.

Have a clear vision. Know your resources and that there are many ways to get there, but none are perfect.

Learn from others. Often with conflicting perspectives engaging in rigorous debate.  

Develop a pragmatic forecasting model early and refine it frequently with S.M.A.R.T. experiments to understand the resources required, returns, and risks.  

Zoom out to see the bigger picture, including synergies, redundancies, and comparative value-add.  

Keep things simple.  

Be clear about who is best to decide what and by when.  

Commit fully to execute aggressively and optimistically with discipline and the stamina to stay the course.  

Track progress and adjust accordingly.


In future posts, we will continue to unpack each of these principles and provide more details.  

We help contractors grow profitably by keeping pressure on your vision. 




Foreman - Four Sometimes Competing Responsibilities
No other position in the construction industry has a bigger impact on field productivity than the Foreman who is leading the crew on front-line. There are four major responsibilities the foreman has that often seem to be competing with each other:
Four Critical Elements of an Effective Task
Maximizing labor productivity starts with defining exactly what needs to be delivered and then breaking it down into tasks that can be effectively managed.
8 Factors in Winning at the RFP Stage for CMAR Projects
After developing the opportunity, the Request for Proposal (RFP) is the first gate you have to get through to win a CM @ Risk project. Scoring is different from each project owner but there are eight major factors.