Building Resilience: Safeguarding Your Construction Business
Description
In this episode of I’m The Gaffer, host Gavin Kyle sits down with Guy Jackson, an expert in construction risk management and legal frameworks. Guy brings a wealth of experience in helping contractors and construction business owners manage commercial and financial risks, with a particular focus on mediation, documentation, and proactive planning. Together, they explore how contractors can protect their businesses from financial pitfalls, disputes, and unexpected challenges that often arise in the construction world.
Guy, a founding partner of a specialist firm in legally trained quantity surveying, shares strategies to help construction leaders safeguard their businesses. From setting up a solid risk register to emphasising clear, professional communication, Guy's insights offer invaluable lessons for anyone navigating the highs and lows of construction.
Episode Highlights:
- Importance of written documentation and avoiding handshake deals
- How to handle emotional reactions in high-stakes situations
- Creating a business risk register to prepare for unexpected disruptions
- Key elements of financial stability and best practices for payment terms
- Balancing labour demands without compromising project quality
- Cultivating trust and transparency in construction projects for smoother operations
Guy’s practical advice provides a roadmap for contractors, business owners, and managers who aim to protect their livelihoods and sustain growth in a challenging industry. This episode is a must-listen for construction professionals looking to build resilience and avoid common traps in contracting.
Episode Timestamps:
0:00 Introduction to Construction Risks
1:18 Guy Jackson’s Background and Career Journey
4:22 Navigating Contract Disputes and Avoiding Common Pitfalls
8:28 Emotional Responses in Construction Conflicts
12:15 Value of Documentation in Business Protection
17:05 Accountability and Decision-Making for Leaders
24:11 Business Risk Register and Contingency Planning
31:12 Managing Financial Stability and Payment Risks
37:06 Labour Management and Project Deadlines
45:47 Building Trust and Transparency in Projects
54:12 Final Insights and Practical Advice
For more information on this episode, visit https://www.gavin-coyle.com.
I’m The Gaffer is the essential podcast for construction professionals, featuring expert interviews and actionable insights tailored to the dynamic needs of the construction industry. From site managers to ambitious business owners, this podcast equips you with the tools, knowledge, and inspiration to succeed in the ever-evolving construction world.
Listen to I’m The Gaffer on:
- Apple: bit.ly/ImTheGaffer
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- YouTube: youtube.com/@gavincoylesafety
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