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Construction Business & Risk Management

Risk management is key to any industry, especially the construction business. The top construction industry business risks are contractual, environmental, financial, and operational. They can be caused by external factors beyond your control or unanticipated internal factors. 15 Common Construction Business Risks Construction business hazards can become very real damages. They can impact costs, turnaround times, morale,

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The War for Workers: Construction Recruiting Tips

Construction firms are fighting for talent. The number of construction workers over the age of 55 has nearly doubled and we need to attract 546,000 additional workers this year. If you feel like you’re waging a war for workers, it may be time to re-evaluate what employees want. Construction sales VP Jim Campbell of avidxchange.com says technology is

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Construction Company Success Tips

Why is one construction company successful and a similar company struggling? How do we attain success? Malcolm Forbes said even a failure is a success if we learn from it. Certified construction business coach George Hedley is a construction manager, author, general contractor, and real estate developer. His article Set Your Sights on Success shares top construction

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Women In Construction: NAWIC 2023

The National Association of Women in Construction holds its 2023 conference August 9-12. This year marks the sixty-eighth gathering of men and women in construction sponsored by NAWIC and held at the Portland, OR Downtown Waterfront Marriott. Information and activities will focus on professional construction culture and personal networking as well as education opportunities and

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3 Factors for Construction Jobsite Safety

Your attitude influences construction jobsite safety more than anything else. Posted guidelines and rules, mandatory safety meetings… Nothing promotes jobsite safety more than your visible commitment to working safer. Construction Business Owner recently asked construction business influencers what they believed was the most important factor for jobsite safety. 1. Safety Culture and Awareness “Building a

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Construction CIOs

Construction CIOs are notoriously goals-oriented. Someone once said, “Being a CIO in construction is akin to plate-spinning.” If you’ve never seen the act, plate spinners balance breakable plates on poles and set them spinning with the goal of balancing 10 or more whirling plates at the same time. Occasionally a plate topples. The on-stage crash

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Incentives for Construction Workforce Diversification

Federally funded infrastructure projects are becoming an opportunity for many construction companies. Smaller companies have subcontracted themselves to larger organizations to assist in the fulfillment of some of these ventures because they are indeed megaprojects. In March 2023, the Biden-Harris administration introduced the Mega Construction Project Program to bolster construction workforce diversity and fund jobs for underrepresented communities

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