Associated General Contractor Convention Summary in Denver, April 1 – 4, 2019
I received very positive feedback from many AGC members and exhibitors at the conference last week and am pleased to share that my research to-date complements what was presented during the breakout sessions. I would like to reference one session in particular and the summary written by Kathleen Brown of ConstructionDive.com (April 4, 2019). In her article, she lists “The Ten Traits Successful Contractors Have in Common” as presented by Dennis Engelbrecht, a senior consultant at The Family Business Institute. Four of the ten traits related directly with what we are doing here at GentraResearch. These are:
- Servant Leadership;
- A Positive Work Environment;
- Attracting and Retaining the Best People; and
- Strong Risk Management.
By developing leadership skills early on, because millennials and others are motivated to be a “part of something”, your company will increase their level of engagement and therefore decrease the likelihood that they will quit prematurely. And by providing open channels of communication you will increase their sense of security thereby allowing them to freely share concerns and issues observed within the company and/or on the job site without fear of retaliation. Employees of today also want a positive work environment and employers must know their needs, visions, and priorities in order to attract and retain the best employees. And because increased tenure on the job not only provides you with institutional knowledge it also decreases your risk of injury and injury-related insurance claims which can directly decrease your risk of job failure.