S3E19: Joint Ventures in Construction – A Win-Win-Win Opportunity with Jeffrey Ehret
Joint Venture collaboration unlocks new ideas and opportunities that cannot be obtained individually in project execution. Jeffrey Ehret, Chairman of The PENTA Building Group in Las Vegas, NV, joins our host, Jerry Eyink, to explore the details of joint ventures in the construction sphere. During the session, Jeff highlights several fascinating joint venture arrangements that had significant impacts. He shares the value of team alignment, collaboration and culture to create trust for successful JV project delivery. To conclude, four major challenges of joint ventures are outlined to provide a recipe for success in future projects. Bottom line a successful joint venture is a Win, Win, Win opportunity for all stakeholders.