H&M Hosts Annual Manager’s Meeting
H&M Construction recently hosted its annual manager’s meeting, bringing together leaders from across the company to discuss strategic priorities and set the course for the upcoming year. This year’s meeting focused on several critical areas essential to the company’s growth and success, emphasizing mentorship, safety, labor management, benefits, job cost, managing cash flow, training, and maintaining a positive workplace culture.
1. Mentorship: Investing in People
At the core of this year’s meeting was the theme of mentorship. H&M Construction’s leadership stressed the importance of pouring into people by leveraging their knowledge and experience to develop team members.
2. Safety: A Collective Responsibility
Safety was highlighted as a critical asset for everyone involved in H&M Construction. The meeting underscored the importance of teamwork in maintaining a safe working environment.
3. Labor: Quality Over Quantity
Another significant discussion point was labor management. The focus is on hiring individuals who not only meet the technical requirements of the job but also fit well with the company’s culture and values.
4. Benefits: Cost-Effective Coverage
The meeting also addressed the topic of employee benefits, with a focus on seeking comparable coverage at a lower cost. The company is actively working to enhance its benefits package while ensuring it remains cost-effective. An expected rollout of these improved benefits is scheduled for January 1.
5. Job Cost, Revenue, & Reporting: Managing Cash Flow
Tracking job cost, effective invoicing, and reporting practices were emphasized as crucial components to construction accounting. The company stressed the importance of each step in the cash flow cycle and the importance and direct impact of a company’s financial stability. With financial stability also comes financial responsibility, which was projected to everyone in the form of timely invoicing, diligence in receivables, and timely reporting.
6. Training: Continuing Education
To support ongoing professional development, H&M Construction is planning to host training sessions featuring various specialists. These training sessions are designed to keep the team updated on the latest industry practices and technologies.
7. High Road: Positive Communication
Finally, the concept of taking the “High Road” was discussed as a means of fostering a positive work environment. Managers were encouraged to treat others as they would want to be treated.
H&M Construction’s annual manager’s meeting served as a platform to address key areas of focus that will drive the company’s future success. By investing in people, prioritizing safety, emphasizing quality in labor, managing benefits and cash flow effectively, continuing education, and fostering positive communication, H&M Construction is setting itself up for a successful and prosperous future.