In this Issue:
Inertia
Holiday Message
This Issue's Cartoon!
Inertia
Newton's First Law states that "an object at rest tends to stay at rest and an object in motion tends to stay in motion." This resistance to change is called inertia.
What does that have to do with the successful management and advancement of a construction company? Why does an executive or a manager at such a company need a review of high school physics?
Because everything is either in motion or at a standstill.
That everything refers to your company as well. Yes, the economy is struggling mightily right now and prospects for 2010 are better but not great. But the American economy is still going to move, even if that movement is sluggish.
Is your company going to move or remain at a standstill? Slow forward movement is still forward movement, and we at ConstructionJobs.com encourage steady, smart forward movement in 2010. Our economy will rebound in time, as it always has, and steady navigation of these troubled months will position your company to succeed, grow, and profit tremendously when the markets turn around and, eventually, boom.
So what does it mean to navigate these times in a "steady, smart" manner?
Our observation of companies that grow intelligently reveals some common traits.
First, a company retains its confidence and competence. You've always met the expectations of your clients and owners in your projects; that won't change or suffer because the economy is lagging.
Second, a company retains its vision: growth and good work and a sterling name in the market are goals that every first-rate builder desires and pursues.
Third, a company retains its best people and evaluates wisely those personnel who are not as committed to quality work and hard effort.
That third step is where ConstructionJobs.com can serve as an ally and consultant as you navigate 2010 wisely and position yourself for great success in a tough time.
Right now is the time that the strongest and most forward-thinking companies are strengthening their roster for the future by attracting great candidates who might seek a position with more stability and promise than they currently have. Great candidates are smart: they know that 2010 might be a time to position themselves for the long haul with a better company.
When work is abundant again, when the markets rebound, those great candidates will be gone; they'll be already snapped up by competitors or too busy to look for a new challenge, happy to be snowed under again after relatively lean times.
The companies that move forward wisely and add strong professionals to their roster now will move forward in 2010, and do so rapidly as things pick up again.
But inertia works two ways.
Those companies that do not act will remain at a standstill, farther behind their competition, once things start to move again.
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Holiday Message
As President of ConstructionJobs.com, I am keenly aware of construction activity in our industry and continually talk to people like you to get a sense of expectations in the coming year.
After months of stress and turmoil, it seems that the worst is behind us. We at ConstructionJobs.com have seen over the past quarter signs that the market is slowly starting to improve. Granted none of us are doing cartwheels yet and I expect the next few months to be up and down but overall for 2010, we should be prepared for slow but at least upward growth.
Several architects and engineers report an increase in RFP's and projects on the books for the first part of 2010 look like they are more than just words on paper. Also the costs of building today are lower than anyone ever expected. Everyone is hungry – builders, suppliers, and subcontractors. It is expected that the Federal Stimulus will inject a lot of public sector money into the economy not only in the heavy civil market but in the energy management field, electrical grid projects and renewable energy. The military market, healthcare and institutional projects are all showing indicators of growth in 2010.
This is probably the best overall assessment we've heard recently.
We all realize that everything isn't all roses but it's nice to approach this holiday season with hope and a feeling that the coming year will be brighter and hold more promise than 2009.
From everyone at ConstructionJobs.com we wish everyone a blessed holiday season and a prosperous New Year.
Bill Wolfe
President
ConstructionJobs.com
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Happy Recruiting,
The ConstructionJobs.com Team
