October 2016
Building efficiency & cost savings with rugged mobile devices
Constant exposure to the elements and heavy machinery make construction one of the most dynamic and dangerous work environments. Working in this environment requires robust and durable equipment, including rugged technology. According to a recent construction industry report, more than 80 percent...
Following the automation of critical HR functions within the industry
Aterm often reserved for metals and oil, “precious resources” could currently be used to describe the state of labor in construction. It seems that in a few short decades we have gone from a plentiful workforce to a scarcity of available employees. But that is not the only change tied to personnel...
Contractors rely on smaller machines designed for substantial versatility & utilization
With all the legislative and economic uncertainties influencing the industry right now, it is no surprise that construction business owners are looking for methods to keep their companies productive and lucrative. Versatility and job diversification have become the main goals of many...
Understanding the cause and effect of problems in your business
Former United States Secretary of State John Foster Dulles once said, “The measure of success is not whether you have a tough problem to deal with, but whether it’s the same problem you had last year.” Indeed, we deal with the same issues or problems over and over. But why? The answer is simple,...
Get the most out of your equipment
Like the sage investment advice, “Buy low, sell high,” articulated dump trucks (ADTs) have a greater return on investment when a low total cost of ownership is paired with high use. While an ADT’s longevity is impacted by a wide variety of variables, you can control much of the outcome by...
Targeted risk control & claims review can help mitigate litigation costs
In today’s litigious environment, claims against construction companies are inevitable, and off-the-shelf solutions used to manage liability risks are too often inadequate. Construction defect claims are compounded by the fact that not all are covered by insurance, depending on the carrier and the...
The case for well-worn jobsite soldiers
Maintaining a fleet of telehandlers and aerial work platforms that will meet customer demands during busy construction seasons is not always easy. Experience helps the fleet owner know the number of pieces and types of equipment that should be available. But experience cannot raise the capital...
How to manage equipment disposition like a pro
When farmer Paul Rackham decided it was time to unload his collection of 230 vintage tractors, he brought in more than $2 million at auction. This wasn’t a bad return for the fleet he had tended for 25 years and kept in “museum-like” condition. When it is time to make decisions on your construction...
Your guide to monitoring the unseen risk
Most of us have emails filling our inboxes throughout each workday. Often, it seems like a job in and of itself just to keep up with them. When an invoice comes across your desk, you typically review it, approve it or reject it, and move on. Imagine your surprise when you receive an email from a...
How to develop a winning go/no-go project selection strategy & scorecard
All projects look good when relationships are fresh and the money is still in the coffers. Ironically, the projects that garner the most attention sometimes seem to be the ones that have the least statistical evidence to support a firm’s strategy. Generally, these are the projects that a particular...
Steps to reverse the decline in company productivity
The construction industry is never short on demand, but how well do contractors actually meet that demand? Although the industry hasn’t reached a consensus about productivity trends or how to accurately measure them—the data points to a general decline in productivity for the past several decades...
Discover the right, hardworking portable generator for your hectic jobsite
Finding the right portable generator to power the toughest jobsite—while also meeting Occupational Safety and Health Administration (OSHA) requirements—can be a challenge. “Jobsite managers need to find a portable generator designed to handle the varying power demands of a construction site...
What is the best first step in building an approach to successfully mitigate risk?
Ann Hickman, CPCU, CRIS, ARM Editorial Director International Risk Management Institute (IRMI) You can’t chart a course to get where you want to be until you know where you are right now, so a key first step in establishing a risk management strategy is performing a risk assessment. A good...
How to optimize your fleet management approach & add value to every project
Technology has changed the way we analyze and approach business operations. When used effectively, the data available today can be as much a competitive advantage as the expertise we bring to jobsites. Key among those technologies are heavy equipment telematics systems that provide real-time...
Connecting the dots between owners, operators & compact equipment
Whether you are a veteran business owner or a newbie, now is more important than ever to understand emerging compact equipment technologies. If you have not researched or previously purchased compact loaders or excavators, you may be surprised at the amount of innovation and smart technologies...
Win higher margin work & grow your business
Every construction business owner’s goal is to win more work at higher margins against fewer competitors. But contractors are generally too busy working and building projects, and, therefore, leave their sales activity as second priority. After they solve all of the daily issues, field challenges...