09/16/2026


The Business of Construction

Management By Objective


A strategic plan establishes ambitions such as profitable growth, stronger safety performance, improved schedule reliability, or expansion into new markets. However, those ambitions will remain broad statements unless managers and employees understand how their daily actions contribute to them.



Management by Objective advances production by translating strategy into agreed upon objectives, assigning accountability, reviewing progress regularly, and using results to guide improvement.



Incentives

A strategic plan is just a dream unless it is supported by a carefully administered Management by Objective program. An MBO program gives a practical framework for turning strategic priorities into measurable responsibilities, but it is only wishful thinking without meaningful incentives.



In an industry shaped by tight margins, changing site conditions, safety exposure, subcontractor coordination, and schedule pressure, incentives move motivation to where the action is. A well-designed incentive program rewards employees for achieving agreed objectives while encouraging decisions that protect quality, safety, client relationships, and long-term profitability. The key is to ensure that incentives reinforce the company’s objectives rather than create pressure to chase short-term numbers at the expense of sound construction practice.



Construction Users Round Table


An autonomous, not-for-profit organization, CURT strives to produce meaningful changes within the construction industry—promoting overall cost effectiveness; improving the way construction is planned, managed, justified and executed. Additionally, CURT works toward changing and improving what Owners allow, require and accept responsibility for on their global construction projects.


VIEW CURT EVENTS HERE

Western Council of Construction Consumers


To provide resources and support to assist members in professional development; improved organization operations, maintenance, and safety; and quality, cost-effective construction.


VIEW WCCC EVENTS HERE