Introduction to Strategic Planning for Contractors

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Ted Garrison

Strategic Planning for Contractors

The First Building Block to Increasing Your Company's Profits

If you are asking, “Why must we develop a company strategic plan?" The answer is that only by focusing on your strengths and opportunities will your company maximize its profit potentials. The construction industry is being hammered by the following challenges:
   
Insufficient qualified mechanics and managers
Insufficient high performing subcontractors
Declining profit margins
Increased competition

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There are no silver bullets that solve these problems, but the strategic planning process is the foundation or first building blocks in the construction of a more profitable construction company. Many companies resist the strategic planning process because they identify it with a large complicated, time-consuming project that offers little value. However, the most effective strategic plans are totally different. They focus on identifying the contractor's strengths and opportunities. The plan needs to be short (one or two pages), flexible, and focused on priorities.


The Garrison Report - January 2008
2008: Predictions for the New Year - Are You Prepared for 2008’s Changes?
By Ted Garrison
Last year’s predictions were fairly accurate, but I must admit they weren’t very bold. This year I’m not going to predict a labor shortage because everyone already knows that. Instead I will stick my neck out to peer over the horizon at little further than most.
 
   
Some typical excuses why contractors resist developing a strategic plan:
  “Our business situations change too fast.” - If there were no changes you wouldn't need a plan.
  “No time.” - Planning saves time, plus the plan doesn't have to take long.
  “We're too small.” - Small companies have little room for error – so planning is essential.
  “No resources or the people.” - Therefore, you must plan to allocate people efficiently to avoid being at the mercy of large companies.
 

A study funded by the Harvard Business School uncovered some amazing results. The study determined that companies that obsessively focus on the needs of their customers, employees and the company outperform comparison companies in four critical areas:

  • Revenues increase 4 times faster
  • Job creation is 7 times faster
  • Owner equity grows 12 times faster
  • Profit performance is 750 times higher

However, to achieve these results you need a strategic plan. A strategic plan forces you to look into the future and focus on the priorities. This allows you to match your strengths to the opportunities instead of merely responding to changing conditions. To help you in this process, Ted Garrison has written a new book titled Strategic Planning for Contractors. This book and its related seminar makes the process quick and easy for every company to create a powerful business model that could increase its fees by 1 percent or more.

To make it easy for contractors, Garrison Associates has developed 3 no-nonsense program options to fit your company's specific needs. The first option allows you to invest in the book Strategic Planning for Contractors. The book describes the process and provides all the necessary forms for you to develop your strategic plan. The second option consists of a full-day seminar sponsored by local contractor associations. The last option consists of Garrison Associates presenting an on-site seminar at your company and helping to coach you through the entire process. These three investment options are described in greater detail below.
 
 

To Learn more about the author of Strategic Planning for Contractors, click here.

Our Guarantee:
If you are not satisfied with the book for any reason, there is a 100% money back guarantee – no questions asked.

Further, if you purchase the book and then decide to attend an association-sponsored seminar, or conduct an on-site program at your company, you will receive a full 100% credit on the book.

Therefore, you have no risk!


Feel free to contact us with your questions, or to obtain more information
about any of Garrison Associates' programs:

Garrison Associates
1092 Hampstead Lane,
Ormond Beach, FL 32174
(800) 861-0874
(386) 437-9841 Fax

Growing@TedGarrison.com


What Other People Have To Say About the Book,
Strategic Planning for Contractors:

Regardless of your company's situation, Strategic Planning for Contractors can have an immediate impact on your company's performance as indicated by the comments of others who have read the book. Their comments include:

“This book is the single most important tool a construction business leader can own. For the first time someone has created a step-by-step approach you can put to work from the minute you pick it up. Ted Garrison's rich experience, uncanny insight, and provocative style drives your thinking beyond the day-to-day clutter to build a resilient, value-driven organization in an industry at peril. Read this book before your competition does. You'll join the growing ranks of business leaders enjoying the fruits of Ted's remarkable adaptation of traditional strategic planning. As an owner, top executive, or decision maker in the construction industry, you can't afford to ignore this book. Tool up for construction in the 21 st Century—tool up for success.”
—Ron Black, consultant, speaker, and author of The Complete Idiot's Guide to Project Management with Microsoft Project 2003 , and the Productivity PowerTools newsletter.


“The construction business is tough because of too much cheap competition and too many variables out of your control. Finally, here is a book that explains how to boost your bottom-line. You can't afford to continue to do business the old way. Ted Garrison shows you his step-by-step method to set your company apart from the competition, create a value added proposition, and increase your bottom-line profits. I highly recommend this book to every contractor, builder and subcontractor as a required business tool.”
— George Hedley, CEO, Hedley Construction & Management Inc. and "Entrepreneur of the Year" award recipient


"Ted's field experience as an owners rep and general contractor gives him great insight into the challenges that face the construction industry. My staff and I have attended Ted's thought provoking seminars in the past. In this book, you will find his "outside the box" and straight forward approaches both refreshing and very useful. Usually the best concepts in business are the simplest, and Strategic Planning for Contractors illustrates the effective use of intelligent simplification".
— Todd Andrew, President, Andrew General Contractors, Inc.


“I have worked with Ted Garrison for over 15 years and I can tell you that he has a unique appreciation for and a clear understanding of the business of construction. Ted's book presents a fresh view of the problems facing our industry and provides solutions in terms that can be easily understood and followed. I fully expect Ted's book to become a standard reference for any manager and owner truly committed to improving performance and profitability.”
— Jesse M. (Jack) Rawlings, III, Vice President, Hardin Construction Company, LLC


"A book that is a tremendous knowledge resource for the construction industry ... historically our industry and its executives has not been well represented at Executive Education Programs at our nation's notable graduate business schools that teach the value of strategic planning. This book collects that knowledge and provides the owner and stakeholders of all construction firms with the tools necessary to begin a journey to insure its resources are applied to the right opportunities."
— Bob Shannon, contractor and developer


“In Alice in Wonderland, Alice asks the Cheshire Cat for directions:

“Would you tell me, please which way I ought to go from here?”

“That depends a good deal on where you want to get to,” says the cat.

“I don't much care where . . . “ said Alice.

“Then it doesn't much matter which way you go,” says the cat.

I believe this book clearly points out that planning & differentiation matters. I found the book engaging, persuasive and the message, quite targeted. I sense my staff would benefit from the application of these strategic steps.”
— J. C. Adkins, President, Sunshine Roofing and Consulting, LLC


"As Builders, we love the building process....as we should. But to practice our profession over the long-term, we also have to build a successful Business . Strategic Planning for Contractors insightfully articulates the critical strategies required to build a successful construction firm. This should be required reading for any serious Builder!"
— Peter Beck, Managing Director, Beck Group


"Ted has done a masterful job of providing you with what you need to know, and what you need to do to take your firm to a whole new level of success. It offers a complete system for strategic growth initiatives. Keep this book on your desk, and refer to it often, and watch your business grow!"
— Mark LeBlanc, Author of Growing Your Business!


“Wow, it's all here! Your Strategic Planning for Contractors book provides a step-by-step process to successfully guide Contractors and Construction Managers toward success. It took me 35 years to develop what are essentially the same guidelines for my business. I only wish I'd had this book available to me many years ago. Credible supporting statics and compelling quotations uphold your theories. My entire Management Team will be provided with a copy of your book to enable me to better guide them through the continuum of the Strategic Planning Process.”
— Lorraine Kay, President, Kay Construction


“Never before have I seen so many contemporary and proven ideas of enlightened business management assembled and applied specifically to the construction industry. This book is a manual for transforming the historically contentious construction process into a collaborative effort achieving outstanding results that achieve the goals of all stakeholders.”
— Mike Ondra, President, Ondra-Huyett Associates, Inc.


"Ted Garrison's intelligent use of established wisdom from management and leadership gurus - coupled with his common sense approach to strategic planning for contractors makes total sense.  A must-read for any contractor struggling to get ahead of the growth curve of their business."
- Jim Morris, Winter Park Construction executive


"Ted's work is a masterpiece on the process of strategic planning and executing the steps to building a profitable well-oiled contractor business. Get it read it! Apply the process. It is all in the book and there are great examples to follow."
- Thomas J. Winninger, America's Market Strategist and author of Winning the Price Wars.

 

 
Garrison Associates
1092 Hampstead Lane, Ormond Beach, FL 32174
(800) 861-0874 - (386) 437-9841 Fax

Growing@TedGarrison.com
© 2005 Garrison Associates. All rights reserved.