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Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

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Page 1: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual
Page 2: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Past, Present, Future: Developing a

Differentiated Management Perspective

Dick WestneyFounder/Director,

Westney Consulting Group

Page 3: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Our Panel

Richard

Tucker

Gary

Fischer

John

Nobles

Page 4: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Our Format

Page 5: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Our Format

PROPOSITION

“The price of oil will hit $20 by year-end”

Poll #1 Panelists’ perspectives

Audience’s perspectives Poll #2Final comments

Page 6: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Low oil prices, and dwindling contractor backlogs,

have created a crisis that shouldn’t be wasted.

1. Strongly agree28%

2. Agree somewhat47%

3. Disagree somewhat19%

4. Strongly disagree6%

ARS Proposition #1 – Poll #1

10

Page 7: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #1: Panelists’ Perspectives

Low oil prices, and dwindling contractor backlogs,

have created a crisis that shouldn’t be wasted.

Page 8: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #1: Audience’s Perspectives

Low oil prices, and dwindling contractor backlogs,

have created a crisis that shouldn’t be wasted.

Page 9: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Low oil prices, and dwindling contractor backlogs,

have created a crisis that shouldn’t be wasted.

1. Strongly agree31.6%

2. Agree somewhat46.5%

3. Disagree somewhat13.9%

4. Strongly disagree8.0%

10

ARS Proposition #1 – Poll #2 & Final Comments

Page 10: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

1. Strongly agree28.0%

31.6%

2. Agree somewhat47.3%46.5%

3. Disagree somewhat18.8%

13.9%

4. Strongly disagree6.0%

8.0%

Low oil prices, and dwindling contractor backlogs,

have created a crisis that shouldn’t be wasted.

ARS Proposition #1 – Poll #2 & Final Comments

1st Vote 2nd Vote

Page 11: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

The gradual weakening of owners’ capital project

organizations is driving poor project performance.

1. Strongly agree37%

2. Agree somewhat29%

3. Disagree somewhat16%

4. Strongly disagree18%

ARS Proposition #2 – Poll #1

10

Page 12: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #2: Panelists’ Perspectives

The gradual weakening of owners’ capital project

organizations is driving poor project performance.

Page 13: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #2: Audience’s Perspectives

The gradual weakening of owners’ capital project

organizations is driving poor project performance.

Page 14: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

The gradual weakening of owners’ capital project

organizations is driving poor project performance.

ARS Proposition #2 – Poll #2 & Final Comments

101. Strongly agree

43%

2. Agree somewhat34%

3. Disagree somewhat12%

4. Strongly disagree11%

Page 15: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

The gradual weakening of owners’ capital project

organizations is driving poor project performance.

ARS Proposition #2 – Poll #2 & Final Comments

1st Vote 2nd Vote

1. Strongly agree37%

43%

2. Agree somewhat29%

34%

3. Disagree somewhat16%

12%

4. Strongly disagree18%

11%

Page 16: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Front-End Loading is over-rated.

1. Strongly agree10%

2. Agree somewhat17%

3. Disagree somewhat18%

4. Strongly disagree55%

ARS Proposition #3 – Poll #1

10

Page 17: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #3: Panelists’ Perspectives

Front-End Loading is over-rated.

Page 18: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

ARS Proposition #3: Audience’s Perspectives

Front-End Loading is over-rated.

Page 19: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Front-End Loading is over-rated.

ARS Proposition #3 – Poll #2 & Final Comments

101. Strongly agree

8%

2. Agree somewhat17%

3. Disagree somewhat26%

4. Strongly disagree49%

Page 20: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Front-End Loading is over-rated.

ARS Proposition #3 – Poll #2 & Final Comments

1st Vote 2nd Vote

1. Strongly agree10%

8%

2. Agree somewhat17%17%

3. Disagree somewhat18%

26%

4. Strongly disagree55%

49%

Page 21: Past, Present, Future: Developing a · Final Questions/Comments 1. Low oil prices, and dwindling contractor backlogs, have created a crisis that shouldn’t be wasted. 2. The gradual

Final Questions/Comments

1. Low oil prices, and dwindling contractor backlogs, have

created a crisis that shouldn’t be wasted.

2. The gradual weakening of owners’ capital project

organizations is driving poor project performance.

3. Front-End Loading is over-rated.

Gary Fischer: [email protected] Nobles: [email protected] Tucker: [email protected] Westney: [email protected]