Making Decisions Effectively

Contractors must invest in accelerating the development of leadership talent and a big part of leadership is about making the right decisions in difficult situations.

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The impact of the critical talent shortage in construction will continue to get worse.

Reading List: Learn How to Make Decisions Effectively. Book: Principles by Ray Dalio.

Principles by Ray Dalio is not only a great book but more importantly is the example of how it was created, how it is used, how it is refined (PDCA - Plan > Do > Check > Adjust) weekly and how it is formatted.

Every leader of a construction company should consider not only which of these principles apply to their business but more importantly how to start codifying then training others on their own decision making processes.  

What would it be worth for your company if you could accelerate the development of your leadership talent?

If you are nearing retirement age what would it be worth to the industry if you could unlock the decades of experience in your head?  

We provide a full range of management advisory, coaching and training services to contractors.  More than half of our time is directly spend on talent including preparing for succession at all levels. 

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Resource - 2 Second Lean
Dozens of practical and fun ways to save a few more seconds each day. 3 minutes per day of additional productive time on tools (ToT) equals about a 1% labor savings - or $10K for every $1M in job cost labor. Helps develop a continuous improvement culture.
Balancing Modes of Prioritization and Career Progression
If your workload prioritization seems impossible, try looking at it from a higher-level of prioritization. We all must prioritize in life and at work. Our outcomes are heavily impacted by how effective we are at prioritization.
Strategy and Fighting the Fewest Battles
Strategic decisions along with the operating rhythms and the feedback mechanisms that ensure execution are the most highly leveraged decisions in the business.