Asphalt Pavement Magazine - September/October 2015 - (Page 20)
in Business Know-How
Contractors don't go out
of business because they
run out of work. They go
out of business because
they run out of money.
-Kevin Kelly, President and CEO,
Walsh & Kelly Inc.
sphalt pavement producers and paving companies are led
predominantly by executives with engineering backgrounds.
It makes sense; civil engineering built this country's
roadways, and an education in civil engineering has given
these executives the ability to understand what it takes to
produce high-quality pavements. They can solve a myriad of asphalt
pavement-related problems. They comprehend what the latest asphalt
innovations mean for their clients and even how these innovations have
the potential to save their companies money.
Running an asphalt paving company has provided these engineering
executives and managers with some understanding of what operating a
business entails. However, many of these executives, unknowingly leave
money on the table every month - money they could be using to grow
their businesses, invest in equipment, or use to ensure there is sufficient
everyday cash flow. What do these executives and their companies have
in common? They lack having business management expertise on their
executive team to help optimize financial opportunities and strategically
manage the business.
20 * View past issues online at www.naylornetwork.com/nap-nxt
Table of Contents for the Digital Edition of Asphalt Pavement Magazine - September/October 2015
Chairman’s Commentary : An Update on Our Industry’s Challenges
Industry News : CEO fly-In presses Congress for HTF revenue, PaveXpress adds asphalt overlay design feature, Is your safety data sheet GHS compliant?, FHWA offers porous asphalt guidelines, NAPA Care silent auction
Investing in Business Know-How : How employees with business education add to your engineering-driven business
Collaborating for Worker Safety : NIOSH and partners collaborate to control silica dust in asphalt milling operations
A Good Brochure Leaves a Lasting Impression : A vibrant takeaway gives potential clients something to reflect upon
Get Active, Get Involved, Get Noticed : This year’s community involvement winners know their neighbors and their neighbors know them
Thinking Ecologically Means Thinking Economically : Reducing energy costs and running efficient plants helps keep asphalt producers in the black
Putting Safety at the Core : Emphasis on safety helps inspire employee cooperation
Websites Stir Interest With Fresh Look : Focus on function attracts customers and potential customers
Index of Advertisers/Advertisers.com
Asphalt Pavement Magazine - September/October 2015