Tag Archives: scott sedam

PCBC 2015

PCBC 2015 is just a few short weeks away, at the San Diego Convention Center June 24-25. As you can see, PCBC has been packing in the bells and whistles, and this year’s show will feature hundreds of keynotes, workshops, and events.

We would like to highlight one in particular: a keynote by Scott Sedam, President of True North Development and Contributing Editor of Professional Builder Magazine. Scott will be presenting “Overcoming the Labor Shortage: Becoming the Builder of Choice” on Thursday June 25 at 11:00 am. Scott presented a similarly anticipated session on Lean Building at our 2013 Customer Conference. Here’s a sneak peek:

The shortage of qualified trade contractors is a problem that vexes the entire industry and finally people are waking up to it, but not for the right reasons. Suddenly trade shortages as an obstacle to growth is appearing in articles and blogs and occasionally even cited by industry market researchers and engineers. Here’s the bottom line: We have tremendous structural demand at all price points yet there is ample evidence that in each segment and especially entry-level, sales prices are too high. Compounding the problem, what retail prices a builder can push through are not covering the across-the-board increases in cost of land, labor, material and overhead. The result is increased sales volume, with decreased profit margins. The biggest single component of this increase in most markets is the trade shortage.

 

PCBC 2015PCBC 2015 (Pacific Coast Builders’ Conference)
June 24-25, 2015
San Diego, CA
San Diego Convention Center
Booth 436

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Lean Building in Residential Construction

Scott Sedam is The Lean Builder. He was also a keynote speaker at our PARTNERS 2014 Customer Conference, where he vividly illustrated how lean building impacts a builder’s bottom line. (Constellation customers stay tuned, we will be announcing our 2015 conference soon!) Below, Scott outlines 10 questions that will impact homebuilders this year. Like a good scout, be prepared for an active 2015!

Scott describes the outlook for the homebuilding industry in 2015 as the “perfect storm” — with one helpful caveat. The outlier is the strong jobs market; the US has added a solid 750,000 jobs in the past three months of numbers. Not bad. Now, for the bad part.

Scott suggests all builders ask themselves 10 questions looking forward this year. We’ll briefly look at each of them below.

  1. Raw land? Land across the country is spoken for – or very expensive.
  2. Land development? Fuel prices are down, but all other costs are up: surveying, engineering, plot planning, legal fees, and of course all materials. Employing a land planning system such as LandDev can give you the visibility and automatic controls you need to tightly manage your land budget.
  3. Entitlement? Governments across the country are raising fees on developers (but not taxes!) to pay for infrastructure shortcomings.
  4. Trade labor? Yes, costs will increase. But becoming the “builder of choice” in your market(s) can drastically reduce this impact. Cash will only go so far this year – trades need to want to work for you. Learn how DSLD Homes became the builder of choice in Louisiana.
  5. Material? With your trades onside, what about your material suppliers? Trade shortages from 2014 will trickle down to material shortages this year. Just like with trades, suppliers benefit from a streamlined procurement process (and timely electronic payment!).
  6. Overhead? Human resources in the homebuilding industry are increasingly strained as builders look to hire new talent and experienced leaders. Overhead costs are up everywhere. Mitigate these increases with effective management, and allocate overhead to ensure profitability across the board.
  7. Financing? An improving economy inevitably leads to rising interest rates. When people compete for money, the price of money climbs. Financing programs, like LGI Homes’ Credit Counsel Program, can help your buyers find their dream home.
  8. Sales, Marketing and Advertising? Success = more marketing! From social media to your (new and improved) local Parade of Homes, sales and marketing will cost you more this year. Tight integration between your front-end website and sales center and your back-end management software can help.
  9. How many believe that the retail sales price will increase enough to cover increases in 1–8? If you think your sales prices can increase faster than the above costs, then you don’t have a problem. (Good luck!)
  10. How many of you believe that your profit will increase in 2015? Scott says: “Have a definite plan of action to help you find dollars you’re not finding today either by earning a higher sales prices or reducing cost, or both­—and that plan had better be specific and intentional with assignments and accountability established. Managing by memo such as strongly urging everyone to work harder and smarter and to stop wasting money doesn’t count.” Well said.

Data from 125 builders shows an average of $60,000 in waste per $250,000 to $300,000 home – that’s 20%! No builder can reduce all of that waste, but what if you could reduce waste by just 4%? Multiply that by your average home price, say $250,000, and you’re saving $10,000 per house. How many closings last year? 50? That’s $500,000 in profit.

Request a demonstration of how our solutions can help with these goals.

Original article via Professional Builder.
Scott Sedam is President of True North Consulting.

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PARTNERS 2014: Constellation's National Customer Conference

Marriott Camelback Scottsdale: Build More 2013

From November 4-6, Constellation HomeBuilder Systems hosted over 200 guests from across the United States and Canada at the gorgeous JW Marriott Scottsdale Camelback Inn Resort & Spa. The three-day event brought our home building customers together with 25 representatives of the Constellation team, keynote speakers from home building and beyond, as well as Professional Builder magazine’s BENCHMARK Roundtables guests.

We are excited to see our customers taking time out of their busy schedules and out of their comfort zones to interact with fellow – often competitive – builders. With networking events tied closely to keynote and training sessions, the conference promoted discussion amongst builders, who were ready and eager to learn.

Our cocktail reception kicked off the conference, allowing customers to unwind with a cocktail as they arrived in Arizona. As the night wore on, a little Arizona rain shower kept everyone on their toes.

Dr. Nick Bontis kicked off the conference the next morning, with a lively keynote on the modern stresses of “information bombardment” and how to manage and maximize the data coming at you by the minute. Test your own ability to manage this information on nick’s website. A panel of top builders then discussed operations and how Constellation systems can be used to keep information flowing through the organization.

 

Lunch – the food at Camelback was incredible – was held alongside a mini “trade show” where builders had the opportunity to demo peripheral software to enhance their existing systems, including land development, custom reporting, digital marketing, and electronic signature applications. The afternoons brought a combination of software training sessions specific to the builder’s ERP system, or complementary keynotes delivered by Charlie Scott of Woodland, O’Brien, and Scott, Michael White of G1440, and Blayne Parrish of Center6.

Day two kicked off with Scott Sedam of TrueNorth on the Lean Building Revolution, and Drew Gallanar of DocuSign discussing how home builders can use electronic signatures to streamline the sales process. Read DocuSign’s press release about integrating with Constellation’s software for home builders.

Software training again filled the afternoon with ideas and strategies, until Denis Leonard closed the conference with the Steps to Performance Excellence which tied into the next day’s events. Professional Builder magazine hosted Constellation builders at the National Housing Quality Awards, then kicked off the BENCHMARK Roundtables on Thursday.

Thank you to all customers who were able to join us in Scottsdale. It was exciting for us to have you all in one place again, networking and sharing ideas. We are looking forward to next year!

Photos via Facebook: http://on.fb.me/1b5LfDn
Photos via Flickr: http://flic.kr/s/aHsjMuRuG4

We almost forgot: before the Conference kicked off, we hit the links of the Camelback Golf Club with home builders who should shouldn’t quit their day jobs! (Nor should any Constellation golfers.) Here’s a quick video of the Best “Constellation Swingers” Caught on Tape! Vote for your favourite swinger in the comments!

Video via YouTube: http://youtu.be/oXfsiDfmXQo

The feedback from our customers is pouring in:

“I want to thank [the Constellation team] for giving us so much time and attention. You all went out of your way to answer our questions and concerns. We are looking forward to building our relationship in the future.”

“Thank you for your time and personal attention during the conference. Your conference was the best I have ever attended, and I felt that the structure truly met our goals as attendees. The networking was great, the seminars were very helpful and the keynote speakers were amazing.”

Notes: If you have photos to add to the slideshow, email them to Lauren at lhughes@constellationhb.com. If you attended the conference and have not received the feedback survey, please email Cathy at conferences@constellationhb.com.

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Introducing our industry keynote speakers Scott Sedam, Nick Bontis, Charlie Scott, and Denis Leonard!

These speakers, from various home building backgrounds, will kick-start each day’s events with keynote sessions designed to challenge you to consider your business in a new light. Generate ideas and discussion topics for the rest of the day. Get to know our speakers below.

 

Scott Sedam, HousingZone.com

SCOTT SEDAM

“The Lean Building Revolution: What You Need to Know”

Scott Sedam, president of TrueNorth Development, spends most of his time working in the trenches with builders, suppliers and trade contractors. His Lean Builder blog appears weekly at HousingZone.com.

Scott’s Lean Builder LinkedIn Group
TrueNorth Development
Scott’s Housing Zone Blog

 

Dr. Nick Bontis

DR. NICK BONTIS

Dr. Nick Bontis is recognized internationally as a leading strategy and management guru. With humor and passion, he empowers individuals, teams and organizations to build their brainpower for high performance and sustainable competitive advantage.

Nick’s Website
Nick’s Book Information Bombardment
Watch Nick Speak

 

Denis Leonard

DENIS LEONARD

“Steps to Performance Excellence”

For over 25 years the National Housing Quality Award and its Criteria for Performance Excellence have been important tools for hundreds of home builders to assess and improve their business performance. This presentation will show just how the criteria functions, can be used as stepping stones to performance excellence, and how Benchmark can be the launching pad for your journey to excellence.

Business Excellence Consulting
Denis Leonard via NAHB

 

Charlie Scott

CHARLIE SCOTT

“Top 20 Home Building Lessons Learned”

With two successful careers: first as a Systems Analyst followed by over 25 years in the homebuilding industry, Charlie Scott is in a unique position to share his top 20 business and life lessons learned in 25 years of home building, management, leadership and life.

Woodland, O’Brien & Scott
Charlie Scott via NAHB

 

 

Our speakers will challenge you to think differently!

Don’t miss the opportunity to hear them among fellow Constellation builders.

MORE INFORMATION

 

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