Profit warning project delays Ellis Fox Blog

Profit warnings and project delays, just another day in construction…

You would think by now we know the industry and come to expect the inevitable project delay or profit warning. Yet somehow the industry still manages to be surprised when they are announced. Makes one wonder which reality they’re living in. If for months and years it has been the same old story and there’s…

Read More

    Share this blog on:

Heath check – Why it’s about more than showing a profit

As Carillion has shown, posting large profits isn’t necessarily the best measure of success. Just months after doing just that, they closed their doors, the impact of which is still being felt in the industry. So if profits or even revenues aren’t the best measure of success, what is? What will give clients and subcontractors…

Read More

    Share this blog on:

What can make a difference to boosting profits in construction?

The construction industry has taken a couple of hard knocks this year and while in some sectors prospects are looking up with increased output and funding becoming available for major infrastructure projects, contractors are not nearly out of the woods. With the recent report on the top 100 contractors reflecting poor profits it is clear…

Read More

    Share this blog on:

What style of leadership will move the construction industry forward?

When considered, the construction industry is firmly entrenched in very traditional models of leadership. Ones that often take a very hierarchical and supervisory approach to managing teams. Communication is often a one way street with instructions being issued that need to be followed rather than discussion being encouraged. However, it’s becoming abundantly clear, given the…

Read More

    Share this blog on:

Why your bonus structure can make or break your company

Some companies believe that good financial incentives are the key to attracting and retaining top talent. While this may be true, how these bonuses are structured is just as important. It’s not very motivating for staff to hear they’re getting lower or no bonuses due to poor financial results, only to hear later that the…

Read More

    Share this blog on: