The bottom line of any construction business is driven by five key functions and how they interact to produce outcomes – both good and bad. In fact, outcomes are always a reflection of this dynamic. Having a clear understanding of these functions, or drivers, how they impact one another and how to streamline them can help a business capture more marketplace value and drive higher profits.
One of the most insidious dangers to leaders of construction companies is the assumption that things will work out and that there will be profit at the end of the year. At best, assumptions are wishful thinking – hoping for the best. But hope is not a strategy. Faced with the mandate to strategically invest limited resources, leaders must know exactly what they want to achieve in order to ensure optimal outcomes. Though it sounds like simple common sense, in reality, it poses a formidable hurdle for most due to lack of perspective. The Five Drivers session will illuminate the key drivers of a profitability in a construction business and more importantly, provide a clear perspective of how they work together to create enduring and lasting success.
Participants in this webinar replay will:
- -Recognize how the five functions (drivers) of a construction business work together and impact outcomes incrementally and exponentially.
- -Demonstrate and develop systems to track the effectiveness of each driver and course correct in real time.
- -Prepare and create an action plan to leverage each driver, improve performance and achieve maximum impact into the future.
Speaker: Fred Reikowsky, Legacy Business Leaders LLC
NAHB Continuing Education: 1.0 hours of continuing education credits for the following 12 designations: CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP, MIRM.
Cancellation and Refund Policy: No refunds are issued for webinar replays upon purchase. However, NAHB regularly reviews these products and reserves the right to remove replays that are no longer current. If you are unable to view a replay during your 12-month access period, please contact Deborah Krat at EdWebinars@nahb.org.