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Operating Insights

By: Eric Weisbrot
August 26th, 2022

Construction Risk Management: What Contractors Should Know As a construction contractor, you likely contend with multiple risks each day. Every project on which you perform work is unique and likely involves both risks and potential benefits. To be more successful, you must understand how to identify and manage risks on construction projects to help avoid potentially detrimental issues.

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Construction Safety

By: Kendall Jones
August 16th, 2022

Construction sites can be a dangerous work environment. Safety managers and project managers are tasked with identifying and eliminating hazards to ensure the safety of everyone on the jobsite. Conducting a job hazard analysis for each job on a project is an effective method for mitigating potential hazards and protecting workers.

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Operating Insights

By: Kendall Jones
August 11th, 2022

Strong relationships between general contractors and subcontractors are an important component of a successful project. These relationships don’t mature overnight, and it takes time and effort from both parties to build a level of trust that evolves into a strong working partnership. Putting in the work to build these relationships can be mutually beneficial to both parties and pay off for years to come.

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Construction Safety

By: Kendall Jones
August 3rd, 2022

Construction work is inherently dangerous. Construction consistently leads all industries in total worker deaths each year and has one of the highest fatality rates for worker deaths. The top priority of every construction company should be to protect their workers from injuries and ensure everyone makes it home safe at the end of each shift.

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Operating Insights

By: Kendall Jones
August 3rd, 2022

As a general contractor, building strong relationships with your clients is important to your company’s success. Good client relationships can lead to repeat business, referrals, and word-of-mouth marketing. A good working relationship built on trust and understanding can go a long way when issues arise on a project.

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Takeoff & Estimating

By: Kendall Jones
July 21st, 2022

When you’re estimating your next concrete job, regardless of whether you’re putting together a quick quote or submitting a formal bid, you need to nail your takeoff. If your material takeoff measurements and calculations aren’t accurate, you’ll overestimate or underestimate the project.

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Operating Insights

By: Kendall Jones
July 15th, 2022

There's over a 50% chance the United States could slip into a recession within the next 18 months according to TD Securities. The construction industry really took it on the chin during the Great Recession. The number of construction firms fell by nearly 150,000 between 2007 and 2013 and over 2.3 million jobs were lost due to layoffs, early retirement, and workers leaving for greener pastures.

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Construction Safety

By: Kendall Jones
July 7th, 2022

Building a top-notch safety culture doesn’t happen overnight. Getting buy-in from employees requires a top-down approach starting with the executive officers. “Safety First” can’t just be lip service delivered to workers from upper management, it must be put into practice by building a strong safety culture within your organization. Your commitment to safety should be one of the core principles of your company’s culture.

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Operating Insights

By: Ed Williams
June 23rd, 2022

Many contractors and owners of construction firms focus on strategies rather than what really makes a difference in improving their businesses. Unlike other industries, construction companies face difficulties in generating revenue. It becomes challenging to get forward with, or even stay ahead, due to extremely slow billing instances and poor profitability.

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Manufacturing

By: Doug Bevill
June 16th, 2022

One of the biggest challenges building product manufacturers struggle with is having an effective, multi-channel marketing strategy. The complexity of the commercial construction industry has been underestimated as far back as I can recall and seems to be multiplying. For BPMs, the complexity is the highest it's ever been. For most BPMs to realize sustained success, creating and maintaining a combination of strategic and tactical approaches with the entire building team is essential.