Winning New Work
There are less than 10 weeks until the end of the year. This is a major cause of concern for construction business owners, general managers, and other leaders in the industry. It is a worrisome issue for construction companies because projects will always finish off. And companies will always need to look for new work. […]
How to take advantage of “change” in the construction industry
The construction industry is fast-changing, post-COVID-19. Let me tell you how you can take advantage of it, to win new work, and reign in the opportunities from the changes that are currently steamrolling our sector. Be forward-lookingTo take advantage of the opportunities that are heading our way because of the changes, you should hire talent […]
Make “change” as part of your Business as Usual
Change is the only constant thing in our life, and this is also true for business. It doesn’t matter whether the change may seem bad or good at the time it was occurring, at the end of the day, it will teach you something. Although, it is natural for people to think that change is a […]
Business Model Canvas and streamlining value for your business
Before you start implementing all sorts of changes to your business you need to take a good and hard look at it. And you can begin with determining the core value stream. According to IASA, a value stream is defined as a representation of how an organization configures its business capabilities to deliver value to an internal […]
Should your Business diversify?
If you own a business, you likely have thought of diversifying your company at one point or another. It is, after all, a strategy to increase your revenue and grow your company. But there are many questions about diversification that stops owners from taking that leap forward. There are many concerns and doubts that fill […]
What are constraints in the construction business?
There are many constraints in every industry. But there are instances where we become unaware of the existence of the constraints. Or we tend to put more emphasis on the goals of the project. The construction industry includes a multitude of parties that would bring complications in the management of the project. This could lead to […]
Feedback and the Construction Industry
In any business, feedback is important and this is especially important for the construction industry. The term itself refers to the interaction between systems and their corresponding surroundings. If the surrounding effect of the system is then fed back to it as an input, it can directly contribute to shaping its future output. Feedback can […]
The importance of time in the construction business
“Time is money” is a famous saying that is true for any business, especially the construction industry. This saying is an old cliche that everyone has heard of at least once in their life. But it’s true for every business. As an owner, you can’t afford to slow down. Improving decision-making processes can save time […]
The construction industry and cybersecurity
The construction industry is a lucrative industry with massive project budgets being established regularly. This naturally makes them a target for cybercriminals. And the construction industry provides access through more than one access point. Also, some businesses in the industry aren’t focusing on cyber threats and they lag when it comes to executing digital security […]
Construction, Business, and the Government
The construction industry plays a distinct role in the economic growth of a country. It provides the basis upon which other sectors can grow through the construction of structures and facilities that is needed for the production and distribution of other industries’ products and or services. The construction industry also has great employment-generating potential for […]