At certain growth inflection points, you must re-evaluate your strategy, systems, structure, and leadership focus. Use this worksheet as a guide to help you determine if you are at an inflection point requiring change or focus on refinement.
Organizational Development strategyYour management structure and systems must be able to support your forecasted 2-month peak headcount, including the ramp-up to that peak.
growth management talentSuccession goes far beyond ownership transitions every generation or two. Succession readiness at all levels is what allows contractors to grow profitably and safely. How would you evaluate succession readiness across your team?
Organizational Development succession Talent Value Stream (TVS)A responsibility matrix is a simple but powerful tool for helping everyone on a project and in the company see who is responsible for what. With a few added columns, it can easily indicate when, what tools, and link to the "how-to" procedures.
business management talent Talent Value Stream (TVS)The best strategic choices will not outrun the results of poor operational execution. The best operational execution will be limited in performance by the quality of strategic choices. Both must be in alignment.
business management strategyThe fastest marathon runner used shoes costing $300 and is 2X as fast as an intermediate runner. The fastest 100-mile bicycle time is about 2.5X faster than the fastest marathon runner, going nearly 4X as far. Contractor and career growth is similar.
business management Organizational Development TalentThe 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.
project management Talent Value Stream (TVS)A contractor's strategic choices along with the supporting management systems and organizational structure must fit into a viable business model. A business model IS NOT a business plan.
business management business planningJob roles, tools, and equipment progressively get more specialized as projects and contractors grow. These changes must be balanced with versatility and talent development.
Organizational Development OrgDev Talent Value Stream (TVS)Construction is full of competitive personalities - more is always better. This is not always the case, and you must be careful when setting targets that your goals don't have unintended consequences. Percent Planned Complete (PPC) is a perfect example.
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