See Our Collection of Industry Insights
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• 10/8/24Why Growth is Necessary
Chad and Matt dive right into the question of the day: Why is growth necessary for construction companies? Growth means many different things, and they start by clarifying that growth doesn’t always mean higher revenues—sometimes, it means developing process and adding stability. Meanwhile, other times, it has everything to do with increasing revenue and profits. Either way, central to the need for growth is the fact that great people want to have something to strive toward; with grow comes opportunity. In the X vs. Y section, Matt and Chad argue about whether you should show your team your org. chart. We hope you enjoy and learn how to grow your business effectively through this month’s episode. Subscribe to be notified when new episodes are released on Spotify, YouTube, Apple Podcasts, or LinkedIn. If you’re looking for more ways to engage with the wider construction community, check out our affiliate podcast, The Morning Huddle Construction Show, hosted by Chad Prinkey, Well Built Construction Consulting and Stacey Holsinger from Steel Toe Communications. Tune in every Tuesday morning at 9 A.M. EST on LinkedIn Live for discussions with A/E/C experts, advancing the construction community. 0:00 What is the "Well-Built" series? 2:00 Check-Ins! 8:55 How do you get started into creating growth for the long term? 16:15 Why is it important to maintain growth? 20:46 How does revenue growth tie into growth for other parts of the business? 28:30 Should we share our future organization chart with our staff? 39:05 What are we reading and what are our biggest takeaways? 42:25: Check us out at Well-Built Consulting.com! Thank you to our sponsors! Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit: http://www.themorninghuddleconstructionshow.com/ Follow us on LinkedIn: https://www.linkedin.com/company/82318299/admin/dashboard/ Subscribe to our weekly e-newsletter for the latest updates: https://lp.constantcontactpages.com/sl/Ro2QrVt/Themorninghuddlepodcast?__cf_chl_tk=9S8PSaN6zCOUNBhPtHXE.qk8HWtzxNNluBDlsEYhZkg-1726511898-0.0.1.1-8361
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• 10/8/24Revolutionizing Finance: A New Take on Hourly Pay
In this episode, Michael Fortinberry, co-founder and COO of Protiv, discusses whether it's time to rethink the hourly pay system in the construction industry. Together, we'll explore innovative compensation models to boost productivity and efficiency, offering valuable insights for those looking to improve workforce performance through new pay structures. 6:28 Guest Intro: Michael Fortinberry Protiv.com 7:30 Close the Gap Between In-Person and Zoom Calls 11:08 Performance Models 12:06 Innovating Compensation 14:17 Shaping Company Culture: Numbers Based 17:07 Who are you when you are at your best? 18:42 How well do you know your people? 20:06 Merit Based Compensation Structures 22:09 Connecting Labor Budget: Getting Your Crew to Understand the Goals 23:18 Stop with the 1099s. 24:42 Incentives and Bonus Structures 25:59 Goals for Incentive Programs 26:28 Transparency 27:30 Creating New Ideas to Get the Job Done 29:40 How the Software Works 37:50 Case Studies and Examples 41:00 How Bonus Structures are Paid Out Thank You to Our Sponsors: Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit https://www.themorninghuddleconstructionshow.com/about Subscribe to our weekly e-newsletter for the latest updates. https://lp.constantcontactpages.com/s...
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• 9/24/24Time Impact Analysis with Project Scheduling
In this episode, we’re joined by Scott Arias, CEO of ACE Consulting, and guest host Tom Hughes, VP of Construction Operations at Genesis AEC, to tackle the vital topic of construction scheduling. Scott breaks down the essentials of time impact analysis (TIA), explains the importance of "frag nets," and dives into how the critical path influences scheduling. With real-world examples and actionable advice, Scott makes it easy to understand how accurate scheduling drives productivity and protects your business. 6:57 Introduction Scott Arias 8:25 What is Time Impact Analysis? 12:00 When to Submit Change Order for a Contract Extension 12:45 Example of Contract Extension 14:56 Retrospective Claim Analysis 16:52 As-Built Schedule 17:12 Modeling Perspective: Design Change 18:20 Firm Impact of Overall Project 21:15 What is a “Frag Net?” 23:10 Who has the financial impact and owns the responsibility? 25:19 Need a Basic Understanding to Negotiate a Change Order 28:35 Keep Proper Project Documentation 30:16 A Dozer Costs Money if Its Sitting 34:13 AI Impacting Scheduling 33:30 Tools Used for Time Impact Analysis 36:36 Concept of 3D 37:39 Integration between Primavera and Procore 40:45 Baseline the Schedule 43:40 The Navy Used the Critical Path Method to Construct Submarines 45:30 Marking Up the Schedule Thank You to Our Sponsors: Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit https://www.themorninghuddleconstructionshow.com/about Subscribe to our weekly e-newsletter for the latest updates. https://lp.constantcontactpages.com/s...
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• 9/10/24Minority Contractor's Guide to the $5 Billion EV Fund
Whether you are a minority contractor or not, this episode delves into what new opportunities exist within the electric vehicle industry and infrastructure. Specifically, our guest, Larry Bullock from the US Minority Contractors Association discusses how minority contractors can capitalize on the growing EV industry, and what partnership opportunities may exist for non-minority contractors. 00:46 The Morning Huddle Construction Show Sponsors 2:12 Catching Up with Stacey and Chad, Return of the Show Season 7, Episode 1. 4:00 Well Built- Chad's New Book 6:42 Steel Toe Communications discusses launch of Instagram and TikTok @CHAT_CTE 7:35 Introduction of Guest, Larry Bullock 12:57 The Economic Boom of the Transportation Industry. 15:10: 1/3 of where we need to be in fulfilling the 500,000 Station Promise, and half way through funding. Lots of opportunity. 15:53 The Joint Office for Energy and Transportation, www.driveelectric.gov/contact 17:12 Justice40: Goal is 40% of every dollar spent under the $5B operation should be spent in disadvantaged communities. 23:50 Which Non-MBE firms are partners with MBE firms. 28:00 Become Bid Ready 30:58 What kind of trades will be involved in installing and maintaining EV. 33:41 17 Electric Car Business Ideas: You Get in Where You Fit In 46:49 Closing Thank You to our Sponsors: Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=google&utm_medium=ppc&utm_term=ntl&utm_content=resilience&utm_campaign=ntl-brand-awareness-mma&gad_source=1&gclid=CjwKCAjw3P-2BhAEEiwA3yPhwBStkU82B0UALO_Ro1GKvn_sfhRJaY7TaEfwisj92ciDKSpYt52NwhoCPAcQAvD_BwE Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit https://www.themorninghuddleconstructionshow.com/about Subscribe to our weekly e-newsletter for the latest updates. https://lp.constantcontactpages.com/sl/Ro2QrVt/Themorninghuddlepodcast?__cf_chl_tk=9S8PSaN6zCOUNBhPtHXE.qk8HWtzxNNluBDlsEYhZkg-1726511898-0.0.1.1-8361
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• 9/9/24Relationships Over Profit: Should you hire a Business Development Manager?
Making money on every project is essential for a construction company’s success. That said, the profit motive can sometimes get in the way of building strong, lasting client relationships. In this episode, Matt and Chad help us to strike the balance between profit and relationships. Also, a great conversation about the right timing to hire a Business Development Manager. If you enjoy this content, consider subscribing, and for those looking for more, you can visit our website at https://www.themorninghuddleconstructionshow.com/. Subscribe to be notified when new episodes are released on Spotify, YouTube, Apple Podcasts, or LinkedIn. If you’re looking for more ways to engage with the wider construction community, check out our affiliate podcast, The Morning Huddle Construction Show, hosted by Chad Prinkey, Well Built Construction Consulting and Stacey Holsinger from Steel Toe Communications. Tune in every Tuesday morning at 9 A.M. EST on LinkedIn Live for discussions with A/E/C experts, advancing the construction community. 0:00 What is the "Well-Built" series? 2:53 Check-Ins! 6:11 Do you put client relationships before profit? 15:59 How do you maintain your relationships with customers? 32:28 What simple rules do contractors need to follow when considering if they should put relationships before profit? 36:20 Should you hire a business development manager? 56:05 Where do you see a business manager's role ending in the sales process? 1:01:18 What are we reading and what are our biggest takeaways? 1:11:30 Thanks for joining us! See you next time! Thank you to our sponsors! Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit: http://www.themorninghuddleconstructionshow.com/ Follow us on LinkedIn: https://www.linkedin.com/company/82318299/admin/dashboard/ Subscribe to our weekly e-newsletter for the latest updates: https://lp.constantcontactpages.com/sl/Ro2QrVt/Themorninghuddlepodcast?__cf_chl_tk=9S8PSaN6zCOUNBhPtHXE.qk8HWtzxNNluBDlsEYhZkg-1726511898-0.0.1.1-8361
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• 7/9/24Do employees really leave for more money?
Has this happened to you? A high-potential employee with a bright future shows up one day and tells you, “Sorry, but I got a job offer for more money. I’m leaving.” If you’re like most contractors, the answer is a resounding YES! In this episode, Chad and Matt discuss if and when employees really do leave for money, and what other hidden factors are at play. Here’s a hint: it often comes down to leadership and culture! You will walk away from this episode with some tools to better retain great people, and be a company where people want to work. After that, the guys debate whether it’s feasible to hire executives from outside, or if you need to promote from within. Let us know who you think won the debate in the comments!
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• 6/11/24Don't Build Your Business Alone
Construction company owners are often highly capable sellers and doers. They built their business from scratch to where it is today for a reason! This all works fine until one day, they wake up and realize they've created a time-eating, stress-producing monster with themselves at the center. What they need is a team of trusted leaders inside their business to help them take control and reduce the pressure on a single owner. They need an executive team. In this episode, Chad and Matt talk about how and why owners should create an executive team. Also, they fight about work-from-home arrangements in the construction industry in our XvY segment. Subscribe to be notified when new episodes are released on Spotify, YouTube, Apple Podcasts, or LinkedIn. If you’re looking for more ways to engage with the wider construction community, check out our affiliate podcast, The Morning Huddle Construction Show, hosted by Chad Prinkey, Well Built Construction Consulting and Stacey Holsinger from Steel Toe Communications. Tune in every Tuesday morning at 9 A.M. EST on LinkedIn Live for discussions with A/E/C experts, advancing the construction community. 0:00 What is the "Well Built Series?" 3:00 Check-ins! 3:57 What is the "Well Built" book? 6:18 What was Chad's inspiration for writing "Well Built?" 12:57 Why do we build executive teams? 23:05 What is an executive team? 26:37 What is the difference between a management team and an executive team? 32:54 How do you go about setting up your executive team? 35:23 Where do you start when choosing your executive team? 47:25 Home vs Hybrid workplace 57:33 How do we create a positive work environment? 59:40 Can working from home in the construction industry be successful? 1:01:25 What are we reading and what are the biggest takeaways? Thank you to our sponsors! Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit: http://www.themorninghuddleconstructionshow.com/ Follow us on LinkedIn: https://www.linkedin.com/company/82318299/admin/dashboard/ Subscribe to our weekly e-newsletter for the latest updates: https://lp.constantcontactpages.com/sl/Ro2QrVt/Themorninghuddlepodcast?__cf_chl_tk=9S8PSaN6zCOUNBhPtHXE.qk8HWtzxNNluBDlsEYhZkg-1726511898-0.0.1.1-8361
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• 5/10/24S.1 Ep.2 The Well Built Series: Winning Without Being Low
“If you are treating each bid like the only thing that matters is price, then that is how the customer is going to treat you!”
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• 4/2/24S.6 Ep.76 TMH AI and Automation
AI and automation are reshaping the construction landscape. Technology enhances efficiency, safety, and cost-effectiveness by optimizing equipment usage, predicting maintenance needs, and streamlining processes. Companies that stay at the forefront of technological advancements position themselves strategically, ensuring they are well-prepared to address the evolving needs of future owners. Tune in to this engaging conversation with Adam Stark, CEO of Jet.Build, where we discuss how a top-down approach driven by construction owners, combined with contractor readiness, can shape the future of sustainable construction.
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• 3/19/24S.6 Ep.74 TMH PMP Certification and Qualities of a Great Project Manager
Join us on The Morning Huddle as Jeremie Harrison, Senior Project Manager at Leebcor Services, LLC, and guest host Tom Hughes, Vice President of Genesis AEC, delve into the pressing need for proficient Project Managers (PMs) in construction. Discover how the Project Management Professional (PMP) program provides a transformative solution, equipping PMs with vital expertise in contract language, project scheduling, and construction sequencing. Tune in to explore the impact of skilled PMs on project completion, efficiency, and innovation in the industry.
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• 3/12/24S.6 Ep.73 TMH The Unconscious Bias
Join The Morning Huddle for an insightful conversation with Jennifer Todd, President of LMS General Contractors, as she explores the nuances of unconscious bias and its impact on the construction industry. Drawing from her experiences, Jennifer reveals how these underlying attitudes shape the industry, potentially impeding efforts toward inclusivity and diversity. Discover strategies for cultivating a more equitable future in construction as Jennifer uncovers the effects of unconscious bias and shares her insights.
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• 3/5/24S.6 Ep.72 TMH MEP Modular Construction
In this episode, Pat McGettigan, Vice President of Excellerate Manufacturing, joins us to share his unique insights into modular construction. From UPS data centers to driving innovation in off-site manufacturing, Pat's expertise sheds light on the pivotal role of modular solutions amid labor shortages. Throughout the discussion our guest host, Tom Hughes, Vice President of Genesis AEC, also shares his valuable knowledge, enriching the conversation on the convergence of manufacturing and construction.
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• 2/27/24S.6 Ep.71 TMH OSHA Outreach Instructor
In this episode, join Chuck Rakich, Superintendent Safety Manager at Henley Construction Co., Inc., as he reveals the keys to running projects that meet OSHA standards and cultivate a culture of safety excellence. Chuck passionately emphasizes the transformative power of viewing OSHA inspections as collaborative partnerships rather than dreaded encounters. Tune in as Chuck shares invaluable strategies for establishing a robust safety culture from the highest echelons of management down to the frontline workers, setting your job sites up for unparalleled success. Don't miss out on this episode packed with essential insights that will empower you to navigate OSHA inspections seamlessly and turn them into catalysts for improvement and collaboration.
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• 1/30/24S.6 Ep.67 TMH Government Contracting
In this episode, we'll debunk myths around government contracting, navigate the challenges of transitioning from commercial to government work, and uncover hidden opportunities in this dynamic sector. The stories and insight provided by Eric Coffie, founder of Govcon Giants, promise a thought-provoking journey into the world of government contracts. Join us for an enlightening conversation that might reshape your business strategies!
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• 1/23/24S.6 Ep.66 TMH Marketing Commercial Contractors
In this episode, we explore the evolving landscape of social media strategies and transformative tactics in the commercial contracting sector. We'll examine the strategic collaboration where marketing, sales, and business development should converge, making "collaboration" a vital force in content creation. Our guests, Matt Graves, founder of Construction Yeti, and Jonathan Cor, founder of Customer Growth, share unique insights and uncover out-of-the-box approaches for securing optimal coverage and selecting the most impactful social channels. Join the conversation as we dive into innovative strategies to up your game in the competitive commercial contracting world.
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• 1/16/24S.6 Ep.65 TMH Construction Scheduling
In this episode of The Morning Huddle, explore the role of schedulers, debunk misconceptions, and delve into the necessity of schedules for all projects. Gain insights into software preferences, critical paths, and the complexities of delayed claims. Discover the evolving trend of a proactive scheduling model focused on efficiency, execution, and the challenges subcontractors face with CPM schedules. Uncover the value of a two-week look ahead and pull planning in this concise discussion on construction scheduling intricacies.
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• 1/9/24S.6 Ep.64 TMH Be a Successful Employee-Owned ESOP
In this episode, we dive into the captivating world of Employee Stock Ownership Plans (ESOPs) with our guest, Ben Nichols, President of Harkins Builders, Inc. With over two decades of experience, Ben sheds light on the inner workings of Harkins' ESOP, dispelling myths and highlighting its role as a robust accountability and culture-shaping tool in the construction industry. We explore the tax benefits, recruitment strategies, and value-maximization tactics employed by Harkins, showcasing how being an ESOP isn't just a retirement plan but a key to empowering employees and building lasting wealth. Tune in for an engaging conversation as Ben passionately advocates for broader adoption of the ESOP model and shares Harkins Builders' success story beyond traditional retirement planning.
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• 10/10/23S.5 Ep.61 TMH Contractor & Engineer Collaboration
In this episode, we delve into the fascinating dynamic of semi-rivalry and discord between contractors and engineers. Join us as we explore each profession's crucial roles, uncover the valuable lessons they can glean from one another, and discover how they can unite to drive success as a cohesive team. Our guest, Sol Rosenbaum, owner of SR Engineering and Consulting, is a seasoned mechanical engineer who supports due diligence firms and building owners in the CRE world. The founder of Sol, sets an excellent example for younger engineers by inspiring them through mentorship. Join us as Sol lends his insights to this insightful discussion.
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• 9/26/23S.5 Ep.59 TMH Mastering the Trades and the Classroom
With over 20 years of experience and certifications across multiple trades, Jason Blackwell was in a wreck that changed the trajectory of his life. Approached with the opportunity to teach, Jason found ways to inspire and support his students through his CTE program. In 2022, as the high school industrial maintenance teacher at Escambia Career Readiness Center in Brewton, Alabama, Jason was named a grand prize winner of the 2022 Harbor Freight Tools for Schools Prize for Teaching Excellence, winning $30,000 for himself and $70,000 for his program. That then led to his current role with the Alabama State Department of Education and dreams of running for Governor. Join us to uncover what it takes to master craft training in and out of the classroom.
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• 9/12/23S.5 Ep.57 TMH Developing Future Leaders in Construction
Great leaders are formed through their experiences. From the interactions they have with bosses, colleagues, and mentors to the education they receive from books and classes, our construction leaders are a product of the development they’ve received. In this episode, Vice President of Construction at Foulger-Pratt, Brett Harton, joins us to share his own leadership development journey and advice for current and future leaders alike on how we can build a better leadership culture in the industry.
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• 8/15/23S.5 Ep.53 TMH Keeping up with Cashflow
For any business, cash is crucial to health and success. Employees and vendors must be paid, or the whole thing comes to a halt. Contractors, in particular those who must purchase materials for installation, face a high-risk environment dependent on their customers’ timely pay. Scott Peper from Mobilization Funding has a front-row seat to the unique cashflow challenges faced by contractors, and he joins The Morning Huddle to discuss the topic and share strategies for maintaining a healthy cash position.
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• 8/8/23S.5 Ep.52 TMH Leading Change in Your Organization: Contractors
Most construction companies recognize opportunities to improve their business. Few have a track record of capitalizing on those opportunities and driving positive change. In the fast-paced environment of designing and building, companies become accustomed to their problems and focus on getting their work done instead.
In a first for The Morning Huddle, host Chad Prinkey will become a guest and share his experience driving organizational change as a consultant for the construction industry over the past 15 years. We’ll discuss why companies get stuck and what employees and executives can do to get better today.
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• 4/25/23S.4 Ep.50 TMH Phil Key - Aligning Behind Vision & Values
America's top-performing contractors in every field have certain things in common. One of those things is a strong culture that allows them to maintain consistent results for customers and employees as they grow. Few contractors have done this more effectively than Ruppert Landscape. With over 2,000 employees across 8 states (and rapidly growing!), Ruppert has built a culture of success.
Our guest, Phil Key, is the President of Ruppert Landscape. He joins us to discuss how Ruppert has built and maintained their culture and why it has worked so far!
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• 4/18/23S.4 Ep.49 TMH Jackson Nichols - 2023 Construction Legal Landscape
New construction laws are passed virtually every session, leading to challenges and opportunities for contractors to navigate. Join us and our guest, construction attorney Jackson Nichols to discuss the 2023 construction legal landscape so you can learn about the legal changes that may impact your business.
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• 4/11/23S.4 Ep.48 TMH Jim Rogers - Project Management Courses on LinkedIn
Many construction Project Managers have never received an education in their craft. Finding the time to travel to a training facility and sit for hours can be challenging for the average PM. We have so much going on and limited time, but quality professional development creates efficiency and reduces stress. In short, it is always worth investing time in training that will elevate your performance.
Join me, Stacey, and our guest Jim Rogers, a LinkedIn [In]structor who dedicates his time to delivering top-quality, easy-to-attend, online training programs for construction professionals right here on LinkedIn.
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• 4/4/23S.4 Ep.47 TMH Darren Young - Virtual Design Construction & Business
Virtual design and construction (VDC) as a tool for building better spaces is quickly becoming the norm, but our guest for The Morning Huddle's 47th episode, Darren Young, believes in taking things a step further.
What if your VDC efforts were aimed at reducing waste, creating scalable and resilient technical frameworks, increasing data quality, and leveraging opportunities to generate new revenue?
Join us as we discuss aligning proven VDC technology with compelling business goals to build a better future!
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• 3/28/23S.4 Ep.46 TMH Kevin S. Henderson - Selling a Construction Business
$7M in baby boomer businesses will sell by 2030. Many of those will be building contractors. Whether you’re in the market to sell or potentially buy one of these firms, or you simply want to understand the changing ownership landscape of the construction industry, join us for this episode. We have Eric B. Pacifici, Partner with SMB Law with extensive experience with acquisitions joining us for the discussion. He is leading small to mid-sized businesses to get smart about buying and selling in this dynamic market.
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• 3/7/23Anirban Basu - 2023 Construction Economy Update
Economic uncertainty has become normal for all of us. Contractors who are busy today are just waiting for the music to stop. While nobody can predict economic conditions with certainty, smart companies pay attention to the trends and plan accordingly. Nobody may be better at reading the tea leaves for the construction economy than our guest, Anirban Basu.
Anirban joins The Morning Huddle a second time for a fun and enlightening discussion about the latest economic trends impacting the construction industry.
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• 2/21/23S.4 Ep.41 TMH Tim Klimchock - Contractor Accounting Partnerships
Every contractor needs an accountant, but certain relationships have the potential to become trusted advisors. As a contractor, you may want to be asking more of your accounting provider. Tim was a trusted advisor for several contractors during his time working for an accounting firm. He joins us on The Morning Huddle to share the principles that made his relationships so strong and strategic with his contractor clients, and what contractors can do to find and develop this kind of partnership with their accountant.
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• 1/24/23S.3 Ep.38 TMH Kathy Humm - Strategic v Transactional HR
When most small to midsized construction companies think about Human Resources, they think of employee handbooks, PTO policies, and managing employee files. When people like Kathy Humm think of HR, they think about how investing in human capital becomes a strategic advantage for a business.
In this episode, we hear about how leading construction companies leverage their HR departments to become better places to work, minimize legal exposure, and increase productivity. Kathy has valuable experience from her time as the HR Director for Harkins Builders for 9 years before starting her new business, NTP HR.
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• 1/24/23S.3 Ep.32 TMH Greg Stone IP in Construction
Many construction companies develop meaningful innovations that create strategic advantages in their market in a crowded field of competitors. Perhaps they develop a tool, a fabrication method, or an operational process that gives them the upper hand only to have an employee leave and bring that information to the competition, diminishing a hard-won advantage.
When you think of Intellectual Property (IP), the industries that come to mind immediately are manufacturing and software, not construction! Greg Stone, IP Attorney with Whiteford, Taylor & Preston, joins us to see how construction companies can protect and monetize their IP.
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• 1/24/23S.3 Ep.28 TMH Ronnie and Taylor BD and Marketing
What is the difference between BD and Marketing, and how should they complement one another? Many construction companies get it wrong, and some don't even incorporate these efforts into their business.
Ronnie Brouillard and Taylor Tobin might have it figured out better than any tandem in the construction industry. These two have been a tandem with the general contractor, Chesapeake Contracting Group for five years, setting a high standard for professionalism in their crafts. Ronnie (BD) and Taylor (Marketing) are in lock-step with their efforts and will show us how to learn from their model.
We welcome them to The Morning Huddle to share their strategies with our audience in a fun and educational discussion.