Monthly Briefing
Profits | Relationships | Knowledge
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September 2022 Volume XVII, Issue 9 |
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By Jim Weigel
Senior Consultant, Shinn Consulting
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Although it’s easy to enjoy the natural beauty of breathtaking mountain trails while hiking, biking, or skiing, you must always keep in mind the risk associated with being on the side of a mountain. Cliffs, in nature and in business, aren’t always easy to avoid. In the event of a slip, it’s imperative that you act fast to counter the lasting, possibly fatal, impact of a stumble.
Our community of home builders has been successfully traversing the path of selling and closing homes this year. However, the time has come to realize that a sales and traffic drop—a cliff if you will—could be waiting around the bend.
Builders must act fast to avoid an untimely misstep. Fortunately, there are precautions you can take. If you put attention toward improving your management systems, you can face the cliff head on like a true mountaineer and continue your journey to the top of the mountain.
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IN THIS ISSUE
Act Fast to Survive the Cliff
In Memory of Virginia Evans
7 Ways Manual Processes Are Costing You Money
Pro Builder’s 2023 Housing Forecast Survey
Product Feature: Lighting
Consultant's Corner:
Homebuilding: The Ultimate Team Sport
Partner Notes
Upcoming Events
Popular Articles
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It is with sorrow that we announce Virginia Evans, wife of Lee Evans, passed away this week.
Virginia worked side by side with Lee to assist with his work in training and consulting with many of our leading builders. We wish to express our sincere condolences to her family and loved ones.
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How does a centralized business software solution with integrated applications, instant access to real-time data, and built-in artificial intelligence technologies stop the outflow of money that manual processes are costing your business?
In general, enterprise resource planning (ERP) solutions–especially those designed for your specific industry–automate and standardize business processes, streamline operations, save paper and the physical space to store it, and reduce or eliminate inefficiencies. This enables your business to accomplish more with a reduced staff, cutting expensive man hours, reducing costly mistakes, and no longer missing opportunities through inefficient resource allocation.
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Complete the survey by October 6, 2022 and be eligible to win one of four $50 Visa gift cards from a random drawing of all qualified survey respondents.
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Industry experts share insights, tips, and trends
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Committed to its customers’ success for over 50 years, Bulbrite delivers the “Bulbrite Promise”
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A promise to never stop innovating
We push ourselves to be ahead of the curve because we believe innovation is as much about people and process as it is about product.
A promise to never stop educating
We help our customers and partners succeed by sharing intelligence on everything from business strategy to the latest technology.
A promise to never stop exceeding expectations
We deliver a 95% order fulfillment rate with same day shipping as part of our never-ending pursuit to create an amazing customer experience.
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Consultant's Corner
By Kim Dickson
Consultant, Shinn Consulting
I once had a manager tell me that homebuilding was the ultimate team sport. After 15 years in the industry, I had never thought of it that way. It wasn’t until I stepped into a Director of Purchasing role that it finally clicked, I started to see how all the individual parts and pieces of our industry fit together. We take a skilled labor force, suppliers, superintendents, inspectors, architects, salespeople, estimators, purchasing, and warranty and put them on a field together and expect everyone to know how to work together as a team, to build the highest cost consumer product on the market.
Take a minute to let that soak in.
If homebuilding is the ultimate team sport, how do we build a winning team?
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These Manufacturers Offer Valuable Rebates to BP Members |
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September 28, 2022, 10 am MDT / 12 pm EDT. Register
October 19, 2022, 10 am MDT / 12 pm EDT. Register
This event is exclusively for Managing for Profit seminar attendees. Manufacturers and service providers: click here for information on sponsorship opportunities.
For the complete list of events, click here. |
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Don't miss out! Previous issues of our Monthly Briefing newsletter are available here. |
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