Practical business management guidance for construction owners—operations, leadership, growth strategy and the day-to-day decisions that run a company.
Editor’s Note: This is the tenth in our 2007 series of The Business Owner Toolbox written by our regular columnist, George Hedley. Each article is written to provide you with practical, immediately applicable business management tools to assist you on your path to building a successful, growing business. To read the previous article, click here. To read the next article in the series, click here. Why do most people feel meetings are a waste of time? Because they often are! Too often, managers call too many meetings to report on what’s happening and don’t involve the attendees, ask for input, have meaningful discussions or adjourn with an action plan. In some meetings, the leader rambles along and doesn’t keep the group focused on tasks or…
Think of all the decisions you made over the last five to ten years that brought you to where you are today. Now think of all the decisions you didn’t make but wish you had. Remember when you were busy signing new contracts, getting plenty of business, trying to juggle all your commitments, scheduling crews, putting out fires and doing everything you could to keep everyone happy? During this time, it was hard to do everything you wanted to do.Many construction business owners have postponed making good critical decisions because of stress and their workload. Some of these might have included: Today, my most requested speech topic is “How to get your business to work in a tough economy.” During this presentation, I ask everyone…