Cash Flow Myth 1 - Profitability Does Not Equal Cash Flow
D. Brown Management
October 10, 2018
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.
A Typical Project - Cash Flow S-Curve
D. Brown Management
October 9, 2018
Ensuring great financial outcomes is the ONLY way to build a sustainable construction business that can serve customers and develop team members over the long-term.
A Typical Project - Understanding the Basics of Cash Flow
D. Brown Management
October 8, 2018
Previously we looked at a typical construction project's profitability basics and covered a brief description of cash flow. Now let’s get into the basics of how that looks over the course of the project with a simple model of a 16 month project.
Cash Flow Explained
D. Brown Management
October 7, 2018
Contractors run on very thin profit margins however cash flow is even more important for sustainable growth. Poor cash flow is a primary reason for contractors failing or their profitable growth being seriously constrained.
A Typical Project - Project Profitability and Understanding the Basics
D. Brown Management
October 6, 2018
It is crucial for everyone in a construction company to understand the financial basics of a project. Contractors have razor-thin profits and relatively high risk.
Talent Development Quote - Jack Welch
D. Brown Management
October 5, 2018
From 1981 through 2001 under CEO Jack Welch, GE’s market cap (value) grew 18% compounded annually from $14B to $410B. A large part of this profitable growth was due to the rigor placed on their talent development processes directly from the CEO.
Talent
Talent - Sustainably Integrating the 4 Priorities
D. Brown Management
October 4, 2018
When assessing the strategic importance of investing in your talent acquisition and development processes at the field leadership level it is important to understand the depth of the talent shortage over time.
Levels of Improvement: Start with the Foundation
D. Brown Management
October 3, 2018
Every process in your business including field productivity will go through three levels of improvement: From predictable to productive to scalable. Trying to skip levels is the surest way to slow down improvements across the company.
business management labor productivity
The Productivity-Talent Bonus
D. Brown Management
October 2, 2018
Contractors will receive a major talent bonus when they put a relentless focus on field productivity. They will become “Talent Magnets” for the best in the industry making them unstoppable even in the face of major talent shortages.
Field Productivity Grand Slam
D. Brown Management
October 1, 2018
When contractors are truly successful at improving their field productivity it is like Mickey Mantle’s pivotal Grand Slam during game 5 of the 1953 World Series. The bases are loaded. You are at bat. The Big Four productivity home runs:
