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. 




Learn from the Wisdom in the Lessons of History
“Fortune favors the prepared mind.” - Louis Pasteur ---------- How much time do you and your team spend exploring the broader context of our world?
Want Does Not Create Capability
Having a vision, want or even a need means nothing. It is only through planning, hard work and time that you will achieve your goals.
Project Income Projections
For a contractor to be effectively involved in the early stages of a project beyond understanding the whole project development budget, they must also understand the financing and cash flow of the project.