Drone Thinking in Construction Contracting

Drone Thinking as a tool

Before we begin, let’s get something cleared up. Capterra’s Rachel Burger wrote a blog post for The Balance Small Business titled, 6 Ways Drones Are Affecting the Construction Industry. She has some cool insight into how using drones is beneficial to construction contractors. It is worth the few minutes it takes to get her overview. Check it out, you may find a few bits you hadn’t already thought of.

It’s good stuff. Yet, it isn’t what this article is about. This article is about Drone Thinking, not Drone Using.

So, Drone Thinking is all about using your mind to soar above the happenings of the daily routine and getting a “drone’s eye view” of how your commercial construction business is doing. It is a step taking you to equanimity. Because, by definition, equanimity means having “mental or emotional stability or composure, especially under tension or strain; calmness; equilibrium.”

It is a matter of having the mindset which allows you to leave the minutia of chaos and confusion on the ground, while you soar overhead and look at the big picture.

Drone Thinking next steps

Instead of taking a step back, take a flight above. Look down on your business from a drone perspective. After completing step one below, you can use the time to deal with the other four components.

  1. Allocate time to think – put it on your calendar, at minimum one hour, once a week.
  2. Remove false assumptions – never mind boxes (or thinking out of them) simply work toward knowing your own false assumptions and how to deal with them.
  3. Know the data – of course, we’re here to help with that!
  4. Identify gaps – typically found in processes and procedures. (We can help with this too.)
  5. Pick specific goals – they might include increased profitability, efficiency, or sustainability.

Here are some questions you may wish to cover:

  • What funding, equipment, personnel, and technology will it take to reach my business goals?
  • What are three to five important initiatives that will have the greatest positive impact on my construction business? (Remember, having too many priorities means you don’t really have any.)
  • How can I improve my leadership skills?
  • What can I do to be better at holding others accountable?
  • Am I missing the boat (and if so how) in communicating the vision for my company?
  • What are the best strategies to use in these areas:
    • Marketing
    • Monetization
    • Sales
    • Social media
    • Operations
  • Who should I put in charge of developing tactics concerning each item in the above list of strategic areas?

It takes courage and focus to truly ignore what is going on IN your business, so you can soar above and work ON your business.

Further thoughts to use while you soar:

  • Financials – Are there ways to reduce times in accounts receivable? What can we do to reduce outstanding debt? Are our budgets current and active?
  • Operations – What can we use to improve productivity? How can we eliminate more waste? What can we change to make us more efficient?
  • Marketing – What methods should we use to increase brand awareness? How can we let General Contractors in our area know what we bring to the table? Is there something we can do to niche-down better?

Drone Thinking in the day to day

Taking advantage of your allocated Drone Thinking time is imperative. And, out of that time will come your ability to increase your Drone Thinking daily mindfulness.

Determine what will have the greatest impact on your business. From there, you can communicate better and assign responsibilities (and accountabilities) which push you and your staff toward the goals which improve your business.

The time you take to work on your business is time well spent. Take advantage of all this Drone Thinking strategy has to offer.

Also, pay attention to this bit of advice from one of the Masters.

“Every now and then go away. . . Go some distance away because then the work appears smaller and more of it can be taken in at a glance and a lack of harmony and proportion is more readily seen.” – Leonardo Da Vinci

 

It is our desire this article (among our growing library of construction-centric informational articles) is helpful in assisting commercial construction contractors build better building businesses. 

Providing Accounting, Contract Document Management, and Advisory Board Level counsel for small to medium commercial construction subcontractors.

So you can Run With the Big Dogs. Call us! 866-629-7735 

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