Posts by Randy Collins
Thinking Ahead: The Value Of Maintenance Programs for Construction Equipment
Preventative Maintenance Programs for construction equipment save contractors time and money. Are you leveraging the most advanced equipment maintenance tools to maximize your profits? Unplanned Maintenance vs. Planned Maintenance There are two types of maintenance – planned & unplanned. Unplanned maintenance includes machinery breakdown or emergency maintenance for project equipment like crawler excavators, wheel loaders or…
Read MoreOcular Business Myopathy
I was talking to a good friend the other day at lunch, and he was describing the first time he realized he needed glasses. He was in a business meeting and during a break, he jokingly picked up a pair of eyeglasses belonging to a business associate and put them on. He always thought the…
Read MoreTop Risks Facing General Contractors in 2016
Top Risks Facing General Contractors in 2016 & Strategies to Mitigate Risk General contractors already face difficulty when it comes to getting paid – not to mention getting paid on time. Scope of work issues, inspection problems, change order disputes, contract disputes and a number of other factors can greatly impact the profit margin for…
Read More3 Ways Construction Accounting Software Can Save You Money
In the construction industry, projects are the lifeblood of the company. One of the critical management functions for a construction executive is making sure that financials are tightly managed. One way to improve profitability is to utilize accounting software that is designed exclusively for the construction industry. The appropriate construction accounting software solution will help…
Read MoreHow Much Time Off is Enough?
How does your company handle it’s paid time off policy? Is it traditional? A banked system? Or something more radical and experimental? Employee benefits, including Paid Time Off (PTO), have become a much bigger consideration in the retention of good team members. With technological advances promoting the opportunity for remote workers, the inclusion of the…
Read MoreCHANGE Management Process – Commit (or You Will be Committed to your Circumstances)
Having seven kids, my wife and I are always looking for ways to engage with them on their level to create shared moments of growth and discussion. One of the unlikely tools we have started to use is Netflix. While this method is probably not taught in any Human Behavior courses or change management process workshops, it…
Read MoreWatershed Moment
Whether you are basking in the glow of a prosperous and fulfilling 2015 or trying to forget the challenges of last year, we will all most likely have to face another watershed moment in the New Year. A watershed moment represents a critical turning point when an important change happens. The decisions we make in…
Read MoreTrust
Trust is an essential component to any group dynamic. It happens at the macro level in our society every day. We “trust” that the driver on the other side of the road careening toward us in a 3,000 pound metal missile is paying attention and not feeling particularly homicidal that morning. When we eat out,…
Read MoreEven Big Brown Can Let You Down
We all mess up, heck even Big Brown messes up. My son ordered a new longboard for our spring break trip to Florida. He paid for overnight shipping so that he could make sure the board was there for our Friday departure. After two missed attempts to deliver by UPS during the week, I called…
Read MorePitfalls of Professional Services Planning: Don’t Miss the Boat (or Plane)
We can often leverage lessons from our personal life to improve our business acumen. The pitfalls of professional services planning are well known, and the below story shares many of the same elements… Have you ever made plans for something in the future only to realize later that you weren’t thinking clearly during the planning…
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