This article made possible by ConExpo-Con/AGG 2020 as part of industry participation by your Concrete Foundations Association. For more information on business practices by contractor members of the Concrete Foundations Association, reach out to CFA Executive Director, James Baty MILWAUKEE — As COVID-19 (coronavirus) brings countless businesses to a grinding halt, the construction industry remains resilient […]

Marijuana At Work

On November 8, four states approved the use of recreational marijuana bringing the total to eight states and the District of Columbia.  Alaska, Colorado, Oregon, Washington, and the District of Columbia had already approved recreational use.  California, Maine, Massachusetts, and Nevada joined the recreation use states on November 8.   In addition, Arkansas, Florida, and North […]

Emergence of Risk

In the dynamic world we live in today, the only constant is change – whether it’s yourself, your industry, or the environment around you… Take a moment to think about your business. How has it changed in the past five years? Is your environment the same? How will that environment change in the next five […]

RISK MANAGEMENT: Controlling Your Company’s Insurance Costs

Total Cost of Risk: A company’s soft and hard costs which contribute to the overall cost of their insurance program. For too long insurance agents’ jobs has been oversimplified to just the placement of insurance and issuing certificates of insurance. The CFA and Arthur J. Gallagher have set a goal to be the best client […]

RISK MANAGEMENT: Cyber Crime: An Evolving Threat

NOW IS THE TIME TO REVISIT THE TOPIC OF CYBERCRIME AS CRIMINALS HAVE ELEVATED THEIR GAME AND CONTINUE TO CARRY OUT MALICIOUS ATTACKS ON AMERICAN BUSINESSES AND INDIVIDUALS By Kristen Long, Senior Vice President, Arthur J. Gallagher In September 2014 I wrote an article titled “The Threat Posed by Cyber Criminals.” In the article, I […]

Management Corner: 10 Steps to Reduce Employment Related Risk

ATTEND CFA CONVENTION IN SANDUSKY, OHIO FOR MORE FROM DAVID WHITLOCK ABOUT EMPLOYER ISSUES As we are now about halfway through 2014, it is a perfect time to take the temperature of your employment compliance. There are a number of important changes in the law as well as compliance matters that you need to stay on […]

Crisis Communication Plan Crucial to Successfully Surviving the “What Ifs” in Today’s Marketplace

One element of a communications plan that is often overlooked is the all important crisis communication plan. While the construction industry is accustomed to having a written plan for a jobsite accident, such documents also are essential to guide your firm should the media call you and put you in a reactive position for a variety of other scenarios, ranging from layoffs to a disgruntled employee or a […]

Subcontractors, Beware! Your Assumptions Can Cost You

One of the most dangerous words in the English language for subcontractors is “assume.” For example, do you assume that your company will be reimbursed for costs incurred as a result of project delays caused by another subcontractor on a project or by the general contractor? If the subcontract document doesn’t say it and the […]

The Importance of Crisis Management in Your Company

Doug Staebler, Custom Concrete – Westfield, Indiana Most of our businesses were built on a series of business relationships that have developed over many years. They include customers, suppliers, subcontractors, bankers, insurance professionals, CPA’s, and attorneys. In addition to providing important guidance for our business, some of the relationships represent strategic relationships, that if disrupted could […]

The Importance of Crisis Management in Your Company

There are many possible crises that can affect your organization or the manner in which you conduct your business. Such crises include union organization, wage and hour violations, key business alliance interruptions, computer and IT systems crashes, lawsuits and litigations, succession issues, and loss of a major customer. This issue begins a series of articles […]

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Concrete FACTS, a publication of the Concrete Foundations Association, is THE voice for residential concrete industry news, market intelligence, business strategies, technical solutions, product information, and other resources for professionals in the cast-in-place concrete industry. Subscriptions to Concrete FACTS is available to anyone involved or interested in the residential concrete industry as a service to your industry. Please contact CFA Headquarters to find out more about your free subscription or Email Us