March 2019 Dear Clients and Friends, If you’re reading this, you’re either leading your firm or would probably like to be leading it someday. Effective leadership is the single most crucial asset a firm must have to succeed. Firms that need money can borrow; firms without enough business can boost their marketing; but firms that [...]
Looking Back Our industry and the overall economy has been enjoying a long (and well-deserved) recovery since the Great Recession: As of December, 2018, the current economic expansion which began in mid-2009 will have lasted nine years and six months (114 months). According to the National Bureau of Economic Research (NBER, the official arbiter of [...]
A nice article from the January, 2017 issue of Architect magazine.
We often hear calls for accountability when we work on strategic planning with our client firms. A lack of accountability can creep insidiously into all facets of your business: marketing and business development, project management and profitability, and staff management. Its worst symptoms can take many forms: Underperforming principal Market leaders not meeting revenue and [...]
Our A|E Advisors group (www.ae-advisors.com) has just completed our annual CEO Forum, where 50 firm leaders from across the country came together in Scottsdale, Arizona for a 2-day CEO roundtable. A thought provoking session this year was the discussion of our CEO Survey Report. We once again surveyed A&E firm CEOs regarding the trends and challenges that they’re seeing today. I’d like share some of the survey results with you, and also pose some follow-up questions.
The economic downturn that has affected nearly all of our industry has had most firms scrambling for work to keep their people busy. No doubt this has been a top priority for you, too. As a result, we’ve observed one element that has been notably absent from strategic plans developed over the past few years: [...]
In my many years of strategic planning consulting, I’ve seen some clear patterns emerge where A/E/C firms get bogged down, and I’d like to share some of those experiences. My colleague, Cara Bobchek, and I are also presenting case studies on this topic at the ACEC national convention this month. “Title Bloc.” Many firms can’t [...]
In these changing and uncertain times, many firm leaders are asking themselves “where do we go from here?” In my strategic planning work, I too have had ample opportunity to think deeply about this with my clients. In pursuit of meaningful answers, I’d like to pose several more focused questions: What’s changed in the world? [...]
Too many firm leaders operate under the misconception that once their new strategic plan is developed and committed to paper, their job is finished. Nothing could be further from the truth. Yes, the biggest one-time effort in strategic planning is getting the new plan off the ground. But maintaining momentum toward your goals and strategies [...]
If you’re reading this, you’re either leading your firm or would probably like to be leading it someday. Effective leadership is the single most crucial asset a firm must have to succeed. Firms that need money can borrow; firms without enough business (if there are any these days) can boost their marketing; but firms that [...]