November 2018
AIA Architectural Billings Index, Annual Value Update & more
The Construction Business Owner team compiles statistics from multiple sources each month, including the American Institute of Architects (AIA) and the United States Census Bureau, to give you a better understanding of the current state of affairs for the construction industry. The statistics...
AIA Architectural Billings Index, Annual Value Update & more
The Construction Business Owner team compiles statistics from multiple sources each month, including the American Institute of Architects (AIA) and the United States Census Bureau, to give you a better understanding of the current state of affairs for the construction industry. The statistics...
Bridgestone’s Rob Seibert on tire management technologies & how they enhance safety on the jobsite
We don’t get far without them, and neither does the progress of a construction project. They are a big contributor to production on every jobsite and are, quite literally, the things that keep everything moving. They are not your employees or your equipment: they’re your tires. And, whether we...
How to control what’s in your tanks & how much you’re spending on it
How to maintain controllable fleet operating costs—assessing the cost of preserving assets and rightsizing the fleet to ensure optimal cost-efficiency, all while improving management and efficiency—is an important conversation for construction organizations. How to reduce fuel use and costs should...
How to prevent departing employees hacking your company from the inside
In today’s data-driven world, cyberattacks occur almost daily, leaving many construction business owners to worry that an external hacker may target their business’s data. But what most owners don’t realize is that their biggest threat is actually internal—their own departing employees....
How to manage the risks relevant to mental illness in today’s workforce
I met with J.C. at his country home overlooking a vineyard near Healdsburg, California, on an August afternoon. He is the general contractor of a company with a $100-million aggregate bonding capacity and nearly 50 years in business. “The construction business is just like high school,” he said...
The art & science of risk management
Sometimes the key to significant improvement is simple: Find a new perspective. And sometimes that new perspective is found where you least expect it. For Amye Carle, director of risk management at Hoar Construction, successful risk management comes from outside the industry entirely. According to...
Travelers’ Bob Kreuzer shares tips for contractors facing the risk of severe storms
After the devastating effects of Hurricane Florence crippled the East Coast economy, local businesses owners were left to pick up the pieces. In late September, thousands of residents and evacuees began the process of recovery from the estimated $38 billion in damages and will continue to recover...
Learn how to prep machines for proper winter storage
As your construction season winds down and colder weather blows in, now is a good time to think about what needs to be done to your heavy construction equipment, such as excavators, wheel loaders and articulated dump trucks, before winter arrives—especially if you are located in the northern region...
Set yourself up for higher profitability & greater success
Uncovering opportunities for growing any business, no matter the industry, requires that leadership be open to the idea of change. Technological advancements, a changing economic climate and movement within the industry are all contributing factors that can alter the outlook of any business....
How technology is changing the jobsite as we know it
There is a surge of change occurring in and around the industry. Because there is arguably no other industry more resistant to change than construction, the ascendancy will not come easily. But it will be worth it. Theoretically, there is no limit on how far this process will extend, or how quickly...
Industry experts answer a top technology question
Sean Olcott Technical Director, Virtual Design...
4 ways to improve your leadership chops & ensure your company’s growth
Small to midsize business owners must focus on the same top priorities as successful leaders of major Fortune 500 corporations. Arguably, most construction company owners and managers get hung up on the day-to-day details, rather than focusing on the company’s top priorities. If you long to grow...
How you can avoid the hazards that halt success
Experts will tell you that the mergers and acquisitions (M...
5 ways to develop a company culture that inspires employees & retains customers
Culture is the living value system of an organization. It is also the organizational narrative you create and live by, and the story you tell your employees and customers. Nurturing your company’s culture is critically important to moving the company forward. But how do you move the concept of...
How Construction Career Collaborative is changing the trajectory of the trades
If you’re reading this, chances are you may be struggling to hire the skilled laborers you need to successfully run your construction business. And—as you probably know by now—you’re not alone. The Numbers According to the Bureau of Labor Statistics, throughout Q1 of 2018, employers sought to...