Managing Your Business
Managing Your Building Business in Changing Economic Conditions The primary causes for established businesses failing or suffering financial distress are: Lack of adequate funding Lack of an early warning reporting system on unacceptable performance Failure to recruit quality personnel Lack of contingency planning for critical situations Failure to use professional advice The following is a […]
Project Planning & Software
One of the fundamental outcomes any construction company wants to achieve is an increased ability to take on additional work. With the correct enterprise resource planning system in place (see construction software [link to Construction Software article below*]), your company will know where it has improved productivity, where it has reduced its costs and, at […]
Geographic Information Systems
Geographical Information Systems (GIS) is a technology critical to the successful management and completion of many projects. It integrates spatial data, software and hardware with skilled professionals, enabling the detailed analysis of opportunites, constraints and potential impacts at any scale. GIS has now become an invaluable tool for the management of complex environmental challenges and […]
Construction Software
In the construction industry, being a cutting edge company that embraces innovation and new technology can be the difference between being a true industry-leader and struggling to remain profitable. Different businesses require different systems. If your company reaches a point where you find your software systems and processes are holding you back from reaching your […]
Enterprise Resource Planning & Strategy
A company’s strategy is key to achieving a competitive edge in the highly competitive Australian construction industry. Therefore making the most informed strategic decisions as fast as possible can be of utmost importance. Informed decisions however stem from having access to up to date and accurate information. Many companies may think they have this, however […]
Financial Management
Construction companies need to carefully manage their business to address cash flow and other financial risks. There are a range of reasons why established businesses fail or suffer financial distress. These include a lack of adequate funding, a lack of an early warning reporting system, a failure to recruit quality personnel and a […]
Business Planning
How you can successfully implement strategy in your business… Strategy Development – the basics There are four basic steps in a good strategy development process: Develop a plan and set of strategies for the business that define where you want to take the business in the future Convert this plan into actions and targets that […]