To say that this experience has been like no other is a major understatement. This episode in our lives may have transformed our fundament concepts and habits. It will most likely have a long-term impact on the way we do business. Many businesses and advocates have thrown up their hands in...

Larry Dix and I had to leave Texas to find jobs in the 1980s, as oil had crashed, and no one was buying our trusses. Back then, oil was $25. Today, they’re giving it away. Both Larry and I landed and recovered in Virginia, where government spending levels out the economy (we hope)! No...

Every astute business owner has a risk analysis with plans to mitigate those risks. Within the Component Manufacturing industry, elements such as housing downturn, hacking of systems, machine failings, and staff safety concerns would generally make up the topics. I’d put money on the fact...

Anyone who knows me to any degree will tell you I am not a sports fan. I do not follow any professional sports or know much about the players and culture. So it may surprise you to have me compare component manufacturing (CM) to baseball. To be honest, I mean to compare the management practices...

We’ve all done a fair amount of explaining—after something doesn’t happen as planned, we explain why not. Sometimes, providing the explanation is as simple as that. The when or the how is different than expected, so we set the record straight. But, what about those times when...

An anonymous former lumberyard CEO of 17 lumberyard locations (LBM) explained to me that his two component manufacturing (CM) plants made up only 10% of his sales yet contributed 30% of his net profits. He wished he had given the CM division far more focus and resources. As a guru for process...

Go to a meeting about modular construction, mass timber, and other off-site components manufacturing and odds are one of the speakers will show this chart [See PDF or View in Full Issue]. I’ve been to events where four consecutive speakers showcased it in their presentations. Some of these...

Contrary to what we Boomers think, Millennials are no longer children. Born between 1981 and 1996, they are in their twenties, or even late thirties, and already entering the single family home market.  Millennials will outnumber Baby Boomers in 2020 and they’re a market segment...

On a recent trip to Japan to observe construction manufacturing methods, I was struck by the amount of time a plant manager spends on the production floor. Comparing this Japanese methodology to our truss industry, our plant managers and upper management spend relatively little time engaged in...

Ask yourself this question, true or false: The most resistant group of employees in many component and LBM companies is the frontline employees? If you answered true, like most people you guessed incorrectly. It’s not our frontline employees who resist change the most, it’s the...