Imagine you’re out on the ocean at the helm of a sail boat.
It’s dark, late at night, and the stars are hidden by the clouds. In the precious light you have, you glance down at a damp map…only to find it has changed. Look up, and somehow the stars seem different too, as if they’ve moved. The rules have changed just as you were figuring them out.
You grip the wheel again, but who is manning the sails? Who is bailing out the water? Can you count on them?
We all know that planning ahead is always wise. Yet in the homebuilding industry, many find themselves in a last minute December scramble.
In a time where you should be discussing next year, drafting a budget and coasting into the holidays, you instead find yourself crushed under deadlines in an effort to save your bottom line. Here at Continuum Advisory Group, we call this the Q4 Fire Drill.
Centers of excellence should be a catalyst for developing a process-driven culture that is focused on delivering world-class results.
Take an ‘everything matters’ approach to operations, and ‘small ball’ will get you the wins. “Pitchers and catchers reporting.” There may be no sweeter four words in the English language when they are assembled in the preceding phrase. Along with…
The operational challenges of serving the first time homebuyer segment in 2015 are different and more problematic for most builders than they were between 2000 and 2007. With significant margin risk, working capital management requires a sharper focus from management.…
Ten years ago, I left the construction industry because I needed a change. I wanted a break from the constant travel, and I wanted to get to know my home town of Denver again. So I took an opportunity to…
While Trade Capacity Concerns Take A Breather, Smart Builders Take Advantage
How well do you know the supply base in your market or markets? Are you controlling the best resources or are you taking second or third best as compared to your competitors? As demand recovers, the ability to control the best trades and crews within those trades is a significant competitive advantage. How will you take advantage of this opportunity and how will you mitigate your exposure to this threat?