Strategies and tactics for contractors to thrive despite the 25% decline in the "Deep Expertise" age band between 2015 and 2030. There are no magic bullets but there are proven processes that have been used before.
talentConstruction Manager-at-Risk (CMAR) is the preferred project delivery method for the ENR Top 400 contractors and the project owners they serve.
CMAR Project DeliveryConstruction projects and business are full of unexpected outcomes - some good and some bad. How effectively teams investigate these largely determines the trajectory, sustainability, and profitability of their growth.
Strategic choices at all levels including company, market(s), operational excellence, and organizational development are the most highly leveraged decisions made by construction business leaders. Those choices start with five interlinked questions.
strategyBenchmarks, trends, forecasts, and predictions about the market(s) that contractors work within including the overall economy, specific industry sectors, specific geographies, project delivery methods, regulations, and financing.
benchmark forecast prediction trendTwo of the most highly leveraged choices that leaders of contractors make are about market strategy and major resource allocations. Robust information systems about the external market are a critical part of this decision-making process.
benchmark forecast prediction trendOperational excellence including financing and financial outcomes along with critical internal functions like supply chain, virtual construction (BIM), fabrication, and technology.
benchmark forecast prediction trendConstruction industry benchmarks, trends, forecasts, and predictions for all things talent related including demographics, broader cultural trends, and education programs.
benchmark forecast prediction trendGovernance structures including the board of directors, policies, information flow, operating rhythm, and decision rights must continually evolve through each stage of growth and ownership transition. The first board is typically driven by a transition.
governance ownership transition successionThe Deal Structure including dollars, timing, terms, legal entities, taxes, and contractual documents is the most tangible part of the transaction. The Deal Structure WILL NOT do three very critical things - Cash, Capabilities, and Trust.
ownership transition succession