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You know how it usually goes
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PPP = Prolonged, Painful, and Pointless. But not this time. Somehow, against all odds, cultures, and acronyms… The New Royal Adelaide Hospital in South Australia didn’t just avoid disaster — it delivered. Let me break it down for you:
The predictions? “Too complex.” But guess what? They finished it. And not just finished — they pulled off a clinical-grade, digitally-integrated, energy-efficient mega-hospital that actually works. The secret sauce?
Crazy, right? How couldn’t I have thought about it? A PPP that respected scope, handled conflict like grown-ups, and even came out functional on the other side. How could it be possible… Anyway. Some still say it was luck. I say it was proof that PPPs can work… if you don’t staff them with saboteurs. Do you want some blood? Take a look to the lessons below?
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
As Robert Kiyosaki once said: “Opportunities repeat themselves because people repeat the same mistakes.” Markets change. People don’t. New projects. Same optimism. New investors. Same herd behaviour. New PPPs. Same bad risk allocation. New SPVs. Same surprise when operations become a monster. The great advisers are not the ones chasing the hot market. They are the ones studying the repeated mistakes. Once you recognise the pattern, you stop being another consultant with opinions. You become...
Some time ago I talked about a kind of message. One like this one: "It’s interesting what you say, I even read you every day, but I would never buy anything from you because I don't believe I can learn what you know without going through what you've been through." OMG… And then, you wonder why there are adults that cannot tie their shoes… or get any success in life. I'll tell you something crazy: knowledge can be recorded. And another: it can be transmitted. And the last one: whatever you...
Most contractors enter a negotiation with the wrong assumption. They think: “The agency has the money. The agency has the power. The agency has the contract. So the agency has all the leverage.” Not in their dreams… In PPPs and major infrastructure projects, agencies also carry something very heavy: Loss aversion. They do not want a project failure. They do not want the Minister asking questions. They do not want the newspaper headline. They do not want the contractor collapsing. They do not...