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These days, still in Spain, I had the opportunity to talk to many infrastructure professionals. Things are slow. Bad. Nothing new. Construction companies are risk averse. They prefer private clients now… aka, data centers and batteries. Projects are small. Lenders are worried. Etc. Look. Every guru out there is writing, talking, showing "projections for 2026"... It's as typical as the new year eve. It arrives every year. Together with their mistakes. And my friends, gurus included, forget about the three trends that any market has. Up, down, and sideways. How you prepare for each of those trends is what defines successful and not so much successful professionals and companies, governments and officials. When the market is up, move fast. Secure talent. Secure capital. Double down on the projects that scale your capabilities… not the ones that just keep your team busy. Feast while there’s food. But keep an eye on the trend and reserve capacity for the next trend. When the market is down, that’s where the winners are made. Cut the fat, protect your best people, and bid smartly, not desperately. Prepare your pipeline like the rebound starts tomorrow. And when the market goes sideways, don’t sit still. Innovate your delivery models, upgrade your partnerships, and renegotiate every contract that doesn’t create margin. Yes… renegotiate, propose Change Notices, etc. Sideways is where you quietly build an unbeatable position. No matter in which trend is your market, I’m sure that you’ll enjoy and profit from these links. ​The top 15 Lessons of a successful project​ ​The top 15 lessons of a nightmare project​ ​Don't be embarrassed. ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
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Yesterday I was talking about clarity.Or better said, about simplicity.If you’re not capable of putting it clearly, you don’t have the "pajorera" (faintest damn) idea what you’re talking about. Simplifying is a superpower. How many times have I seen the best technicians we could find for a task make a presentation to a Board of Directors.Charts.Twisted words beyond belief.More jargon… as if it were a competition to see who can pee the furthest.In the end…The sound of crickets. Trying to...
Big table. Bigger egos. Billion-dollar numbers floating around like confetti. We are in the middle of a key meeting of a bid for a PPP project. Slide on the screen. The Bid Director clears his throat. “And now, I’ll pass it to – let’s say - Carlos, who will walk us through the interface risk allocation model.” Silence. People start looking to each other. More looking. Some rumours. Someone nervously laughed… Carlos is not in the room. Not in the building. Not in the country. Where the hell is...
These days I’ve been in an amazing table. Not business guys this time, but that’s not important. The best lawyers. The best technical guys. The best commercial people in the country. Being there simply blows your mind. Their work ethics. Their commitment. Their sharp insights. I should be paying for being there… Being in those tables. With excellent people. In the decision-making tables. It’s a game changer for any professional. If you go with an open mind, What you learn. What you absorb....