Excelerate: Business Development Success for AEC Professionals

It’s late summer – 2011.  How does your company (and your desk) look right now? Across the years, I found this time – late summer – to be an important point of recharge and renewal. I’m invigorated by the ‘back-to-school’ energy, and promise of the coming Fall. It’s a good time for review and adjusting the business plan – highlighting important goals still left to be done this year. Likewise, it’s a good time to update the business development plan – focusing on clients and prospects I’d like to connect with in the next sixty days. Some AEC firms are […]

Managing Professional Services – Simple, but Hard

Many design and technical professionals are attracted to complexity. Engineers, scientists, architects, and consultants often seek out larger and more complex projects – and eschew the simpler ones. These professionals are invigorated by using their experience, expertise, intelligence, and creativity to attack and solve challenging problems (particularly those that others can’t readily solve).  With this paradigm, design and technical professionals envision that the opposite of simple is complex. Complex is good, interesting, and necessary. Simple is simplistic, unchallenging – and boring. In contrast, experiences in the business of the firm suggest a different model.  Managing a professional services firm focuses […]

AEC Leaders – Is it (Really) the Economy, Stupid?

Yes, the economy stinks. Not for all of course, but most sectors of the US economy remain weak, uneven, and uncertain. Moreover, many economists now believe that both low growth and ongoing uncertainty could be with us – for a good long while. Ken Simonson, Chief Economist of AGC – the Associated General Contractors of America – recently characterized April’s modest rise in construction spending as “deceptively positive,” [http://news.agc.org/2011/06/01/construction-spending-figures-highlight-how-government-funding-cutbacks-are-limiting-industrys-recovery/] – pointing to weakening public sector demand and the still slow residential construction market as important underlying factors. Simonson further noted that the relatively flat construction market was “uneven” – a […]

The Extraordinary Potential of AEC Firm Business Improvement

In a recent post I asked this question:  is investing in AEC firm business improvement really worth it?  There I offered four of the most common objections to working on improving the organization.  Today I’ll look at the first of these – the belief of some that the opportunity in their own firm is relatively small – and test whether that perspective really holds up.  And even for those who don’t see the opportunity as small – it’s useful to look straight away at the numbers, and the magnitude of the opportunity at hand. Step 1:  An Opportunity for One […]