Leveraging Geographic Expansion for Leadership Development

Geographic expansion is impacting all contractors whether it is major customers pulling them into new markets, new competition coming into their “hometown” or as a proactive strategic growth move by the contractor.

D. Brown Management Profile Picture
D. Brown Management
January 24, 2018 1 minute read
Share

Given the talent shortage that will be 3X worse by 2020 contractors must look at ways to accelerate their leadership development.

Geographic Expansion Leadership Development. How can you leverage geographic expansion for leadership development?

If managed right geographic expansion can be a great tool for developing leadership.  The organizational structure has to be setup correctly with the right levels of training, coaching, mentoring and management in place.  This is a tricky balance to strike with some of the tactics being counter intuitive. 

Don’t underestimate either the value or the challenges of geographic expansion. 

Learn More

Business Model Basics for Contractors
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.
Related Article
Roles of Investment Bankers and Business Brokers
Investment bankers can play a critical role, especially if the exit strategy is selling to a strategic buyer or merger with another contractor.
Related Article
Prepare Your Business - Capital
In times of uncertainty, the best strategy is to do everything possible to preserve your capital and ensure credit will be available as needed.
Related Article