Expert Columns: Page 114

Expert Columns
Treat Your Business Like a Game
The Contractor's Business Coach
Create an environment that motivates your entire staff by creating excitement about what they are doing and what they are accomplishing
Profit is the score to watch. If you are legitimately hitting 10% bottom line profit you are winning. If you are overly 10% you are approaching best in class.
Management
How to Manage High Achievers
The Contractor's Business Coach
If you keep high achievers focused on the win-win they will produce the win-win
You must treat the high achiever differently than the rest of your staff. You need to create growth opportunities for them. You need to give them the assignments they want.
Technology
Five Project Management and Field Crew Meetings that Help Your Business
Construction Business Coaching
Take cues from football on ways to make your project management and field crew meetings productive
Author George Hedley
Expert Columns
Performance-Based Incentive Plans – Part I
GB Financial Services, LLC
Basing compensation on performance can motivate workers to higher levels of both productivity and profits.
CorporateFundingFormulaChart 548a21ffb0a53
Expert Columns
Building a Sellable Business Takes Patience and Persistence
The Contractor's Business Coach
Growing a business involves two internal challenges: figuring out how business systems should work and teaching employees how to follow those systems
Building a sellable business isn't a sprint, it's a marathon that takes patience, persistence and an unwavering focus on the final goal.
Expert Columns
Understanding Concrete Maturity for Curing Cold Weather Concrete Pours
Concrete Foundations Association (CFA)
The forming system has minimal impact on the early-age strength gain of concrete during cold weather.
Expert Columns
Using Petrography to Understand and Resolve Scaling Issues
Twining Inc.
Figure 1: Reflected light photomicrograph of the polished surface of a core removed from a scaled sidewalk. The red arrows highlight microcracks subjacent to the scaled surface. This is an example of distress typical of classic freeze-thaw scaling.
Expert Columns
Define Constructibility!
American Society of Concrete Contractors (ASCC)
Where are the obstruction-free vertical runs of 4' x 6' minimum cross section to permit vibrator insertion?
Expert Columns
Reinstated Tax Extenders Have the Potential to Cut Your 2014 Tax Bill
GB Financial Services, LLC
Reinstated bonus depreciation and Section 179 expensing can provide benefits to contractors, dealers, rental companies and even OEMs.
Management
Motivate Employees with Incentive Compensation Programs
Construction Business Coaching
Results of incentive compensation programs are based on how the program is designed, implemented and managed
By setting the exact results you want your employees to achieve and measuring results, you can design an incentive compensation program that will reap rewards.
Expert Columns
Time to Clean Up Your Business
GB Financial Services, LLC
Use the end of the year to evaluate your organization and enhance efficiencies to ensure a more profitable 2015.
Management
It Takes a Team To Build a Business
The Contractor's Business Coach
A team of diverse skills and communication styles will be much more productive than one that is made up of the same type of people
It takes multiple people performing the everyday business tasks in order for your business to have work to put in and to get the work in.
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