Discover Your Operational Algorithm to Create a Data-Driven Construction Business That Runs Itself
Wednesday, February 26 | 12:30 - 1:30 PM
LVCC - West 318
What It's About
Want to estimate projects faster and with more accuracy, increase sales closing rates, anticipate schedule delays, and even predict the next year's budget by the end of Q1? You need to define your Operational Algorithm™. Your construction business runs on a few underlying formulas that control growth, and when you realize the relationship between these formulas and your day-to-day operations, you'll be able to more easily plan and control your next 12 to 18 months of operations. Through practical examples from trade contractors, small general contractors and larger home-building companies, you learn how to use predictive data analysis to build and follow a simple framework for increasing your business’ efficiency, streamling operations and driving growth.
What You’ll Learn
- Understand the fundamental concepts of Operational Algorithms and how they can be applied to predict and enhance business growth in the construction industry.
- Analyze real-world case studies and show how to extract applicable strategies for measuring and improving performance using KPIs and data analytics in construction.
- Identify and implement essential metrics and KPIs tailored to construction businesses to improve project estimation accuracy, sales effectiveness, and operational efficiency.
- Develop a simple framework to create and utilize an Operational Algorithm in your business, enabling more accurate budget forecasting and efficient project management.
How to Attend
Participants must be registered for an Expo + Education pass. Seating for sessions will be on a first-come, first-served basis.
Speakers
Arabic
Chinese
French
German
Italian
Japanese
Korean
Portuguese
Russian
Spanish