John F Kettley
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Turnover is vanity, margin is reality

Turnover is vanity, margin is reality

by John F Kettley | Apr 21, 2026 | Construction Business UK, Leadership, SMEs

A lot of construction owners still talk about turnover as if it proves quality. It doesn’t. Turnover can tell you something about activity, scale or market reach, but on its own it tells you very little about how well the business is actually run. In construction...
Culture isn’t posters. It’s the founder’s behaviour under pressure

Culture isn’t posters. It’s the founder’s behaviour under pressure

by John F Kettley | Apr 6, 2026 | Leadership, SMEs

Culture isn’t posters. It’s the founder’s behaviour under pressure. If you really want to see a company’s culture, ‘don’t’ read the values slide, instead, watch what happens when something goes wrong. Culture isn’t posters. It’s behaviour under pressure. It’s how the...

Recent Posts

  • Turnover is vanity, margin is reality
  • The market isn’t dead. It’s just less forgiving.
  • Culture isn’t posters. It’s the founder’s behaviour under pressure
  • Debt should buy appreciation, never depreciation
  • Construction tells you what the economy is about to do

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