Focus on providing value to project stakeholders and watch your profits soar.
- Successful businesses provide value
- Business is a value for value exchange
- Great success follows providing great value to many
- Contractors (all businesses) often get short sighted and focus on client value only
- Errors of many businesses
- Putting shareholders (profits) in front of stakeholders
- Profit is the reason for business, but not at the expense of others
- Easiest path to greater profits is bigger value to more people
- Put stakeholders first, not shareholders
- Stakeholders are everyone that comes in contact with the project (during and after construction)
- Consider the value you can add to each stakeholder
- Work every day to improve the value you provide
- You don’t have to give up profits to add value
- Make phone calls to update vendors about payments
- Provide information to the public
- Consider the end-user of your project