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Currently the
Construction Industry in South Florida offers abundant business
opportunities. That’s the good news. The bad news is industry
demographics. There are cost of living increases, diversity of
family life and augmented social pressures. Escalated commute
times, more competition in each area of specialty and better
educated internal and external associates are present. Our
industry changed from predominately hard bid to design-build /
CM at risk. Material cost increases and extended material lead
times, along with all the other factors, are triggering
construction professionals to question if their passion for the
industry is strong enough to override the challenges.
Frustration
sets in when employers and employees end each day feeling like
they just started. Many people in our industry have gone from
the days zooming by because they love what they do, to the days
zooming by from survival mode. How can you as leaders in your
organization bring back the passion and balance?
When personal
relationships are failing, and help is sought on the subject,
the usual first step is to start setting aside a block of
hours/days in your schedule. The person or people are advised
to reevaluate how they arrived at the current status in the
relationship, the tools and resources they currently have to
work with and where the status of their heart lies. They are
asked to evaluate commitment levels. Once all of these are
determined, then a plan is established to redirect in a positive
direction.
If you
noticed, I avoided using the word “time.” Time, a precious
commodity, seems so difficult to come by these days and very
difficult to manage. As a business leader, consider time as: |
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 Total
Industry
Management
Evaluation
Mr. Webster defines the following:
Total =
to add up all the parts
Industry =
A
distinct group of productive or profit-making enterprises
Management
=
the act of directing or carrying on business affairs
Evaluation
=
to determine the significance or worth of, by careful appraisal
and study
Bottom
line: Take time to
determine if the people you employ and the clients and vendors
you engage in business are allowing you to direct your business
affairs in the construction industry toward higher profits
through positive relationships.
While hiring
new people to join your team, apply the same concept of TIME.
Make sure you take the hours needed to fully evaluate all the
parts. Evaluate their skill, industry knowledge, personality,
financial and personal requirements, goals and expectations. Be
sure that you will be able to carry on your business affairs for
higher profits and overall quality of life. Employing a new
positive relationship to share in building and maintaining
existing relationships both on your internal team (those
employed by you) and external team (vendors, clients,
consultants) will only help you and your associates to maintain
or regain synergy. Adding another person to your company may
not be the answer until you take Total Industry
Management Evaluation. Are you and your current
staff working smart and profitably? For a questionnaire to help
you determine the need to add another person, please visit our
website. |
