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The Construction MBA: Practical Approaches to Construction Contracting
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Proven business strategies for operating a profitable and efficient construction firm
Written by a successful management researcher, advisor, and educator to construction contractors, The Construction MBA reveals effective operating practices for managing the multiple processes that must work simultaneously to make a construction firm consistently profitable. The methods in the book apply to both general and specialty contracting firms and describe how to grow both the top line and bottom line.
This strategic resource explains how to integrate metrics into your business model that allow you to identify and react to critical trends. You'll learn ways to gain the competitive edge by adopting superior processes, speeding up your business cycle, and maximizing client satisfaction. Tips for positioning your firm on the "sweet spot" of the risk-reward curve are also included. Realworld case studies demonstrate the concepts presented in this practical guide. In addition, eight legendary management books are reviewed and their lessons are applied to the construction contracting business.
The Construction MBA covers:
- The new business model
- Corporate objectives and strategies
- Work acquisition
- Operations management
- Human resources
- Financial management
- Good operating practices
- Amazon Sales Rank: #209893 in Books
- Brand: Brand: McGraw-Hill Professional
- Published on: 2012-06-13
- Released on: 2012-05-23
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x 1.30" w x 7.40" l, 1.80 pounds
- Binding: Paperback
- 512 pages
- Used Book in Good Condition
About the Author
Matt Stevens is president of Stevens Construction Institute, Inc., management advisors to construction contractors. With more than 30 years' experience as a general and specialty contractor, he has been working with contracts as a management advisor since 1994. Matt also worked as a management consultant with FMI Corporation from 1997-2002. He earned an undergraduate degree in Construction Management from University of Louisiana-Monroe and an MBA from Rollins College, Winter Park, Florida. Matt is the author of Managing a Construction Firm on 24-Hours a Day (McGraw-Hill Professional, 2006).
Most helpful customer reviews
7 of 8 people found the following review helpful.
Construction PM & Legal Professional - Disappointed
By Amazon Customer
I am a construction professional (16-year PM and 5-year construction attorney), but I wanted to better understand the precise application of professional business methods and procedures to the construction industry. General MBA books cover topics, such as strategy, operations, finance, risk, economics, and accounting, which are MBA course topics. However, these general MBA books are largely focused on standard production operations - as opposed to construction.
I hoped this book would bridge the gap, specifically applying these business topics to construction, but I was disappointed. This book contains some useful information in the finance section, but most of the book is anecdotal (e.g. "this is how it should be as I see it"), self-referential (e.g. much of the "studies" are informal and from the author), and references other books (e.g. instead of covering a relevant topic, the author refers you to another one of his books).
Unless you are clueless about the construction industry, which I presume you are not because this an advanced set of topics, then I would avoid this book. Instead, buy a good construction business book and a general MBA book, such as The Ten Day MBA, applying MBA topics to construction yourself.
I hope this helps.
0 of 1 people found the following review helpful.
Poor Quality Binding
I purchased this book along with another construction book. The other book has 1024 pages which led to a delay in reading The Construction MBA. My initial thoughts on the content are very positive, and I very much look forward to completing the material.
On the down side, three of the first twenty pages have become unattached from the binding. I cannot tell whether the glue has failed or was so sparsely applied that the pages came loose. I contacted Amazon, who thankfully agreed to a replacement due to the length of the other book purchased. The replacement arrived today. It is in worse shape than the first book. The cover is curled and appears to have absorbed moisture, and the whole thing smells of fabric softener. I can only assume it was previously owned.
I am a huge fan of Prime, and I don't think this experience measures up to Prime expectations.
4 of 5 people found the following review helpful.
Contains some interesting facts and best practices for use in the industry. Better readability because of the written style.
Recommend to current managers and starters.