Not Retaining Your Best People. Why Construction Businesses Fail.

In this video the fifth so far on this topic, I dive into how not retaining your best people can lead to failure and the things you can do to not lose your best. If we better understand the root causes of failure and learn from them we can make plans that mitigate much of the risk of those failures, at least that is the thinking. As George Santayana once said, "Those who cannot remember the past are condemned to repeat it".
Links for other Construction Business Failures videos below:
Tutorial 2 4 Reasons Const Bus Fail https://youtu.be/6hCa8geE4yE
Tutorial 3 4 More Reasons Const Fail https://youtu.be/m0imeKmRbfk
Tutorial 4 4 More Reason Const Fail https://youtu.be/dal-6RgtTBo
Tutorial 5 Hiring the wrong people https://youtu.be/pM-y-kisKrE
Tutorial 6 Not retaining the best people https://youtu.be/j0n3zfemths

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Tom Stephenson is a national award-winning professor (George Brown College, University of Toronto) and best-selling author whose background in education spans nearly three decades. His diverse teaching disciplines include construction project management, business management, human resource management, architecture, carpentry, and brick and stone masonry. As a dual-professional, Tom is called upon by industry leaders to translate knowledge, reinvigorate corporate culture, and inspire innovation in emerging and established companies across Canada. Before breaking into the academic realm, Tom acquired more than a decade of practical project-management experience, operating a mid-sized Toronto-based general contracting firm. He is also the author of the newly released Planning, Scheduling, and Control of Construction Projects with American Technical Publishers and the four best-selling editions of Understanding Construction Drawings for Housing and Small Buildings with Nelson Publishing Canada. Tom most recently received the Toronto Construction Association’s 2020 Chancellor’s Award for “helping his peers become more ethical, knowledgeable and professional.” A champion of change management, Tom takes pride in helping students and businesses navigate uncharted territories, take calculated risks and rise above the status quo. Some of the companies he’s worked with include Mattamy Homes, EllisDon, BIRD Construction, MCA, Maple Reinders, and Tucker HiRise, University of Toronto Project Managers.