Contractors who master talent will be the winners tomorrow as the shortage of critical talent (https://dbmgt.co/2I3EcPa) will continue to impact all industries. Research from McKinsey points towards a significant amount of construction work being automated in the future however this is mostly at the predictable physical work levels (https://dbmgt.co/2Jw2Etm). While the entire talent development process including recruitment, development and retention (https://dbmgt.co/2GI5Vnz) are all interrelated we break them up into 9 major processes to help focus on bottlenecks or opportunities. >> What are the top 3 positions in your company that you need to focus on the most during the next 12-24 months? Why? >> How many people in those positions do you need to recruit, develop and retain? >> Looking at these 9 processes where is your biggest bottleneck? It may be different for each position. Many times the insight from an unbiased 3rd party who gets to see what others are doing across the country can be valuable. Schedule a call to learn more: https://dbmgt.co/contact
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Alignment of strategy, management structure, decision rights, and information systems creates consistently good outcomes for growing contractors including faster development of talent. #businessmanagement #organizationaldevelopment #scoreboard #talent #dbmteam
Structure, Decision Rights, and Information Systems
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Organizational Development is an effort that focuses on improving the organization’s capability through the alignment of strategy, structure, people, rewards, metrics, and management systems. #organizationaldevelopment #strategy #dbmteam
Definition - Organizational Development (OrgDev / OD)
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There are many "Strategic Possibilities" developed from "Strategic Brainstorming" that must be explored to make choices that will best position a contractor to win over the long-term. These "Strategic Decisions" must be made and integrated at all levels. #strategy #dbmteam
Levels of Strategic Decisions (The Basics)
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The business of building is largely about aligning projects and people. The Talent Value Stream (TVS) ensures talent will never be a constraint to your growth. #businessplanning #talentvaluestream #dbmteam
Talent Value Stream (TVS): The Basics
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As a contractor navigates the different stages of growth, the complexity of their business model evolves, including their organizational structure, management systems, and people. Seeing this model visually helps identify bottlenecks and constraints. #businessmanagement #businessplanning #strategy #dbmteam
Contractors Business Model
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Every contractor will navigate very predictable stages of growth. Each of these represents about a tripling of headcount and requires different leadership focus, strategies, structures, and systems. Stress and failure points are also very predictable. #leadership #management #strategy #dbmteam
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Building projects requires technical expertise and resources. Building a construction business is about developing and aligning those capabilities with customers. Growth and time require different leadership focus, strategies, systems, and structure. #career #management #strategy #talent #dbmteam
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Decision quality IS NOT linearly related to information quantity. In complex environments with elements of uncertainty, data quantity quickly reaches a point of diminishing returns but increases decision confidence which puts you into the danger zone. #businessmanagement #strategy #talent #dbmteam
Decision Quality and Information Quanity
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Defining what you want in quantifiable outcomes is extremely difficult. It's 10X harder to define those outcomes throughout the whole company from field to CEO. Defining the leading activities that create those outcomes is another 10X more difficult. #businessmanagement #metrics #dbmteam
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