Builder and Business Manager Integration

A successful and sustainably growing construction business has the right balance of builder and business manager skills on the team.

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  • There is a healthy respect between all team members for both sets of skills.
  • Team members are cross-trained on both sets of skills to make integration tighter, leading to better decisions.  
  • The organizational structure supports this integration and cross-training.  
  • There are training, coaching, and mentoring programs that leverage internal and external resources to develop both sets of skills.  

Key Business Management Skills Include:

  • Strategy and business planning
  • Financial and risk management
  • Process improvement tools and techniques
  • Opportunity and resource alignment for sustainable growth
  • Business development
  • Talent recruiting, development, and management
Leadership Tools: Builder and Business Manager: Development and Integration

 


How well does your business integrate builder and business manager skills?  

If you could improve only one area in the next year what would it be? 




Allocation of Management Resources
Most new initiatives that contractors try often fall short of expectations due to poor management time allocation during start-up. We work with a lot of contractors and rarely see truly bad ideas or teams that truly can’t execute.
Succession Fact #2: Desire & Competencies in the Management Team
Succession Fact #2: No exit strategy or deal structure will create desire, alignment, and competencies in the management team. With that said, it is incredibly important that the exit strategy and structure of the deal maintains and enhances the team.
Best Methods for Presenting Changes During the Design-Development Phase
Always be conservative, forthright and provide a clear roadmap to successful project delivery. The biggest thing you want to avoid are changes during construction or delays. Both will impact the income projections and possibly project viability.