• 005 - Prioritization Basics for Construction Contractors

  • Aug 15 2024
  • Length: 3 hrs and 11 mins
  • Podcast

005 - Prioritization Basics for Construction Contractors

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  • There will never be enough resources to fix every problem and chase every opportunity. Building a successful construction contracting business requires prioritizing finite resources across nearly infinite demands. We cover most of the basics including the math of prioritization and exercises you can use to evaluate, align, and develop your team. Over 3 hours of practical examples including 40+ additional resources (tools, books, training, and articles) to keep your career and company growing. RESOURCES REFERENCED TOOLS See exercises for prioritization in the video chapters above. 02:12:12 - Group Exercise to Identify Priorities (The Setup) 02:13:37 - Exercise: 3 Bottlenecks + 2 Opportunities 02:15:25 - Exercise: Examples 02:16:29 - Exercise: Sorting and Grouping 02:24:56 - Exercise: Consolidate 02:27:11 - Exercise: Drivers 02:28:11 - Exercise: Impact 02:32:18 - Exercise: Control 02:35:55 - Exercise: Cost 02:36:50 - Exercise: Risk DEFINITIONS https://dbmteam.com/series/definitions-for-the-business-of-building/ Capability Capacity Desire Development (Talent) Discipline Organizational Development (OrgDev - OD) Training PEOPLE Team (Raymond Braswell): https://dbmteam.com/team/raymond-braswell/ BOOKS The Goal (Audible): https://amzn.to/3c1Gq5C The Essential Deming (Audible): https://amzn.to/3TE9XBT Extreme Ownership (Audible): https://amzn.to/3Wm4di8 7 Habits of Highly Effective People (Audible): https://amzn.to/3K8DCks The Power of Habit (Audible): https://amzn.to/3SZsKIM The 4 Disciplines of Execution (Audible): https://amzn.to/3wRQMiS What Got You Here Won't Get You There (Audible): https://amzn.to/4bCgmHI TRAINING Improving Field Productivity: https://dbmteam.com/training/improving-field-productivity/ Talent Value Stream (TVS) Roadmap: https://dbmteam.com/training/talent-value-stream-tvs-roadmap-never-let-talent-constrain-your-growth/ ARTICLES & OTHER RESOURCES Talent Funnel - The Macro Viewpoint: https://dbmteam.com/insights/talent-funnel-the-macro-viewpoint/ Opportunity Evaluation (2 Critical Dimensions): https://dbmteam.com/insights/opportunity-evaluation-2-critical-dimensions/ Construction Contracting, Materials Science, and "People Science": https://dbmteam.com/insights/construction-contracting-materials-science-and-people-science/ Time-on-Tools and Minimum Required Installation: https://dbmteam.com/insights/time-on-tools-and-minimum-required-installation/ The ABCs of Strategic Market Choices: https://dbmteam.com/insights/the-abcs-of-strategic-market-choices/ Responsibility Assignment Matrix (RAM) and Contractor Growth: https://dbmteam.com/insights/responsibility-assignment-matrix-ram-and-contractor-growth/ Continuous Improvement Plan, Do, Check, and Act (PDCA): https://dbmteam.com/insights/continuous-improvement-plan-do-check-and-act-pdca/ Contractor Business Model - Evolution with Stages of Growth: https://dbmteam.com/insights/contractor-business-model-evolution-with-stages-of-growth/ SPEAKERS David Brown: https://dbmteam.com/team/david-brown/ https://www.linkedin.com/in/dbrownmanagement/ Sue Weiler-Doke: https://dbmteam.com/team/sue-weiler-doke/ https://www.linkedin.com/in/suewd/ THE BUSINESS OF BUILDING SERIES URL: https://dbmteam.com/series/the-business-of-building/ YouTube: https://www.youtube.com/playlist?list=PLkc9c6Nu2AQGTGDkdlEuwRIhkUaZR3UH7 Spotify: https://open.spotify.com/show/21u0pCs8Rf44KBoEOYY9iT Apple: https://podcasts.apple.com/us/podcast/the-business-of-building/id1756188682 Audible: https://www.audible.com/podcast/B0D9K86D6G D. BROWN MANAGEMENT We exist to help contractors build stronger businesses for the next generation. URL: https://dbmteam.com/ LinkedIn: https://www.linkedin.com/company/dbrownmanagement/ YouTube: https://www.youtube.com/@dbmteam Facebook: https://www.facebook.com/dbmgmtco Instagram: https://www.instagram.com/dbmteam/ TikTok: https://www.tiktok.com/@dbmteam X: https://x.com/dbrownmgmt
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