What Do the Top 400 Contractors Know that You Don’t Know?


Business Man and giant Pointing Hand

“Coming together is a beginning; keeping together is progress; working together is success.” Henry Ford

 

I just reviewed the latest Top 400 Contractors in Engineering News Record and found out that I have worked with 11 of the top 50 contractors.  I’m pretty proud of that fact.  I’ve worked with some amazing companies.  I think these successful contractors have figured out something that other contractors have not figured out.  It boils down to a three main things:

1.  They Embrace Technology: These companies have seen the future and try to remain on the cutting edge of technology.  There are amazing things afoot and if you are just now starting to think about technology and your business, you are WAY behind.

2.  Know that Collaboration is the Key to the Future:  Even construction owners are beginning to realize that collaboration is really the way to go.  They are starting to drive these processes.  Design/Build, Design Assist, Lean, IPD, ILPD are all project delivery models that are here to stay.  We are figuring out how to execute them in the best possible way, but in time, these delivery methods will be the norm.  It will just be how we do business.  There will still be room for Design/Bid/Build models, but they will be fewer and fewer as time goes by.  Collaboration is the future for the industry.

3.  Focus on People:  These companies know to do their best to provide to their people everything they need to be successful.  They give their people the resources to improve themselves and their lives, to cultivate mastery in all areas of their lives that are important to them both professionally and personally.  These companies know that they must exhibit a true sense of caring toward their employees, to embrace them as human beings and to provide for them and nurture them as best they can.  They know that diversity and inclusion are vital to the future of the industry.  By including everyone in this future, they are ensuring that this industry can be sustained.  They also know that diversity makes for a stronger company with better ideas and more innovative ways of doing business.

For those of you who are interested in thriving, take a look at these three things.  The train is leaving the station.  Will you be on it?  Let me know what you think!

 

 

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2 Responses to What Do the Top 400 Contractors Know that You Don’t Know?

  1. […] What Do the Top 400 Contractors Know that You Don’t Know? […]

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