Capital Reserves Contractor’s Last Line of Defense For the past three weeks we have been discussing the nature of capital reserves and their importance to contractors trying to manage through the depth and breadth of the current COVIDeconomic downturn.…
Capital Is King: During COVID Years of research into the causes of construction business failure confirms that throughout history the sudden collapse of construction firms, large and small, comes down to one factor: the slow and sometimes invisible erosion…
How to Write A Strategic Plan During This COVID Economic Downturn A constant search for answers caused me to look back at some of the work we did on managing construction concerns in cyclical markets. I took a look…
EMBRACE CHANGE Because the only thing permanent in life is change “To improve is to change; to be perfect is to change often.” Winston Churchill “If you do not change direction, you may end up where you are heading.” Lao…
The New Normal We are entering the fourth week of this startling, confusing, confounding economic pause. It seems like a lifetime. Government-mandated cessation of economic activity in the face of a worldwide viral pandemic is a first in…
SUICIDE EVERYONE IS VULNERABLE AWARENESS IS THE ANSWER Everyone struggles. This life we all share is a series of hurdles we scale to the best of our ability each day. Sometimes we become overwhelmed and fear grips our…
Third Crisis-era Message to Contractors from: Dr Tom Schleifer Why a Measured Response and When? We are all in this together and doing our part to stem the spread of the virus. Most fear that this is not a pause…