What Is the Lean Approach in Construction Contracting?
In a phrase, we define it as asset productivity (current and fixed assets along with people). Productive assets means higher ROI. Healthy financial results bode well for construction contractors and their staffs. As you know, cash in the bank can determine whether your business future will be a.) troubled, b.) robust, or c.) extinct. The bank does not have an opinion about your balance; it is not debatable. That balance allows you to take a long-term view or forces you to focus only on the short term. Greater asset productivity is what most contractors desire. It beats the alternatives.