UDA Technologies Blog

All in the Family: Integrating the Next Generation

Around thirty percent of family-owned businesses are viable into the second generation, and only thirty-six percent of construction firms make it past their fifth year of business. For a family-owned construction company, the numbers are against you from the beginning. Successfully integrating the second generation of the family into the business is critical for its health, but it can be tricky. Read on to learn how to include the next generation with ease:

  • Have a Policy of Open Communication - When a new employee starts, immediately establish a clear environment of open communication and discussion. It is highly likely that they will have a lot of questions about the company and how it's run. Make it apparent that asking questions is encouraged, and that the other employees are willing to do whatever it takes to make the new worker feel like part of the team.
  • Establish Documented Processes - If certain processes have always been standard within your company, that doesn't have to change. To ensure high quality, standardized work, consider implementing construction management software like ConstructionOnline or ConstructionSuite (or both). With tools like workflows and project templates, software can keep your company running smoothly and to the level that your customers expect.
  • Be Flexible to Input - Chances are, whoever you bring into the company is going to have some new ideas on how things should be managed. While you might have reservations about considering input from someone who just joined the team, it could be beneficial for the company in the long run. Listening to and applying new ideas can result in your business taking on more projects, running more efficiently, and operating at a lower cost. 
  • Utilize Personal Strengths - When a relative (or any new employee) enters the company, let them shadow different employees to determine what role they see themselves performing the best in. If unsure, completing a Strengths and Weaknesses analysis test in addition to shadowing would also provide insight into which type of role might be a good fit.

Interested in more insights about building your business? Take a look at:

constructiononline_trial_cta

Topics: UDA Technologies UDA ConstructionOnline UDA ConstructionSuite Business Building Best Practices ConstructionOnline ConstructionSuite

Online Construction Project Management Software

Used by over 500,000 construction professionals worldwide, ConstructionOnline™ is the leading online construction management program. As the industry evolves, ConstructionOnline is growing with it. With the addition of ConstructionOnline Pro Features, there has never been an easier or more versatile way to begin managing your business straight from the job site.

UDA ConstructionOnline™ is the world's fastest growing collaboration resource for construction professionals. Forget the limitations of traditional construction software programs - now you can have the powerful tools that you need, like Scheduling, Calendars, Project Logging, Change Orders, and To Dos, combined with the freedom of online collaboration that you love. Teamwork and communication have a new name: ConstructionOnline. Learn More


 

About UDA Technologies

UDA Technologies is one of the fastest growing providers of construction productivity software in the United States, Canada, Australia, and 75 countries worldwide with double digit, industry leading revenue growth. Designed for growing businesses, UDA construction software manages over 65 billion dollars of construction annually. Identified as a key partner in construction software technology, UDA Technologies is a Microsoft Partner and a Premier Intuit QuickBooks developer.


 

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