Year-end tech check
By Lucas Gray | Tech becomes a strategic advantage when firms measure real ROI and budget for tools that drive profit, productivity, and long-term capability.
1144 results found for “cost”
By Lucas Gray | Tech becomes a strategic advantage when firms measure real ROI and budget for tools that drive profit, productivity, and long-term capability.
The leading source of business management insights, research, and strategies tailored specifically for leaders of AEC firms.
By Karen Poist | State licensing and tax compliance can make or break your deal, so you must plan early to protect value, avoid liability, and ensure a smooth transition.
By Mark Zweig | In a relationship-driven business, clients hire people they know and trust — not just the firms they represent.
By Robert Jones | Understanding the difference between FAR overhead audits and compilations helps AEC firms secure DOT contracts and avoid costly setbacks.
By Mark Zweig | The right attorney with specialized expertise can save AEC firms significant costs, mitigate risks, and protect their business.
By Nam Douglass | Neglecting immigration compliance during mergers or acquisitions can expose firms to costly consequences.
By Justin Gough | Group captives can offer design firms flexibility, savings and control over employee benefit programs.
By Tom Godin | Innovation in AEC must create measurable value for owners through smarter, more sustainable solutions.
By Dathan Gaskill | Fractional CFOs offer flexible, expert financial guidance to help AEC firms grow, reduce risk, and improve efficiency.
By Jared Maxwell | Despite recent success, AEC firms may need to navigate headwinds to mitigate risk and sustain growth and profitability.
By Mark Zweig | Stop measuring success by utilization – revenue factor reveals what really drives profit in architecture and engineering firms.
By Janki DePalma | Ghosting job candidates damages trust, reputation, and your firm’s future recruitment success.
Zweig Group, the leading provider of advisory services, research, and education for the AEC industry, has released its 2025 Fee & Billing Report of AEC Firms. This definitive resource offers a clear picture of today's fee...
By Jennifer Nelson | With informed planning and strategic flexibility, AEC firms can continue to thrive and deliver, even in turbulent times.
By Lucas Gray | Why most architecture and engineering firms overspend on design software and underinvest where it matters.
By Stuart McLendon | In uncertain waters, let strong financial leadership be your north star.
By Steve McAdams | A seasoned financial executive plays a pivotal role in enhancing profitability, growth, and market value.
By Lauren Martin | Design firms need to be vigilant about clauses and language that have the potential to significantly expand their risk while undermining their insurance protection.
By Chris Connell | Purpose-built technical report management technology in AEC mergers drives cost savings, productivity, collaboration, standardization, and scalable growth.
By Stuart McLendon | This process improves team coherence and speed in addition to enhancing revenue per man-hour.
By Stephen Dominguez | Implementing these best practices will help your team get paid for their work and keep your project within budget and on schedule.
By Rachel Lindblade | Discover how sustainable building design can drive significant cost savings in 2024 and beyond.
By Jeremy Clarke | Organizational optimization isn’t just a cost-saving measure – it’s a strategic imperative.
By Travis White | The rise of nearshoring can reduce costs, address talent shortages, and enhance growth opportunities for AEC firms.
By Jeff Bornemiss | This investment enhances employee engagement and serves as a powerful tool for recruitment and retention.
Zweig Group is the leading AEC Industry advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team...
By Eric Tuthill & Jordan Wilson | It’s become increasingly apparent that Section 174 may be around longer than anyone believed possible.
By Kraig Kern | Shift your perspective to view your marketing team as a strategic asset that constructs the very pathways through which your business grows.
By Mark Zweig | Are you going to do anything different with HR or just follow the same tired practices of all the other firms you have worked for or compete with?
By Kurtis John | Ignoring these areas of risk and their potential implications can have significant impacts on your success and your firm’s future.
By Jared Maxwell & Cady Sinks | AEC firms see growth opportunities amid gradual U.S. economic rebound clouded by insurer concerns over inflation, claim costs, higher risks.
The AEC industry’s comprehensive, data-based resource on financial performance, departments, challenges, methodology, and practices now available in Zweig Group’s online shop
By Mark Zweig | Employees who decide to disengage and shift out completely do so at their own peril.
By Mark Zweig | Those of us in the AEC business need to do a better job educating the general populace about the benefits of smart development.
By Jesse Fortune | Technology evolves quickly and it is imperative that AEC firms make smart decisions when selecting the software that powers project files, data storage, and financials.
By Daniel Houf | Build a resilient design firm with quality work, attentive service, and a strong team for long-term success and adaptability.
By Earl Bennett | Working within a safety-conscious culture contributes to the health and well-being of both employees and the organization.
By Tyler Suomala | Understand why and how decisions are made so you can leverage the power of the human brain to increase your value and improve your clients’ experience.
By Dawson Fercho & Jordan Wilson | Year-end Congress faces challenges in repealing R&D amortization rule, with political divisions, tax revenue impact, and party dynamics at play.
By Mark Zweig | Owning a firm that will be profitable and grow over time requires a longer term view and a willingness to invest in the people who generate the revenue.
By Lindsay Young | Awards present a great opportunity to market to your clients, prospects, community, and future employees.
By Liisa Andreassen | Past president of CMTA (Prospect, KY), a national leader for delivering high performance, sustainable projects.
By Julia DeFrances | Professional associations offer a lot of benefits to the firms that support them, and for most firms are well worth the price of a membership.
By Jared Maxwell & Cady Sinks | AEC firms are navigating more complex risks and an evolving market for professional liability insurance.
By Jim Bushong | What happens when decades of consistency and cost expectations in the building trades are suddenly changing in real time, based on market forces that are completely out of control?
By Adrian De la Garza | Insights and considerations that can help you decide if you’re ready to buy another firm.
By Liisa Andreassen | CEO of FullStack Modular (Brooklyn, NY), a leader in the design, manufacture, and construction of mid- and high-rise modular buildings in urban environments.
Zweig Group – the leading research, publishing, and advisory services resource for firms in the AEC industry – represented Bullock Tice Associates in this transaction.
By Mike Woeber | What really changed with the federal research and development credit for 2022 tax purposes.
By Kevin Johns | In order to remain competitive, AEC firms need to understand and embrace new technology.
By Dan Houf | This harmful change in tax policy is going to impact the AEC industry, and may even put many small firms out of business.
By Mark Zweig | You need to make a profit to stay in business, but focusing on growth makes that more likely to happen, not less likely.
By Johnny Smith | What characteristics of a job, firm, and industry act as predictors of voluntary turnover?
Zweig Group represented Bennett Engineering Services in its merger with Y&C Transportation Consultants.
By Liisa Andreassen | President and chairman of the board at McFarland Johnson, a national consultancy providing program management, planning, environmental, engineering, and construction phase services.
By Kart Vaith | Provide added value to your clients and approach every project with an emphasis on building trust and exceeding expectations.
Domestic Transactions: 11/18/2022 RGM Kramer (Concord, CA), a construction consulting firm specializing in education, merged with Cumming (Seattle, WA), an international project management and construction cost consultancy. Link to Details. Global Transactions: 11/18/2022 Specialized global consultancy J.S. Held (Jericho,...
By Dathan Gaskill | Committing to this will make your firm safer, more resistant to adversity, and change cashflow and profit for the better.
By Sol Sim | It is in the interest of both the project owner and contractor to critically review risks and allocate them to the party most capable of controlling them.
By Jared Maxwell & Cady Sinks | Despite slowing infection rates, AEC firms and their insurers may still endure the effects of the pandemic for many months to come.
Zweig Group has released the 2022 Financial Performance Report of AEC Firms. This report is a comprehensive, data-based industry resource on the financial performance, financial departments, challenges, methodology, and financial practices of AEC industry firms....
By Ashley Heinnickel | A rebrand is an opportunity to elevate your firm’s identity and build excitement about where you’re going.
By Callum Roxborough | Lawyers and in-house counsel can be strategic partners for AEC firms when consulted at the right junctures.
By Mark Zweig | There is always something you can do to improve your bottom line, and now is the time to do it.
By Ted Grace | This is a cost-effective alternative for AEC leaders seeking to manage enterprise risk.
By Jim Toby | Taking the time to get it right the first time will lead to faster approvals, better plans, and overall project quality.
By Keyan Zandy | Disruption drives innovation, and these challenges will help us to be leaner in our business and develop more creative and collaborative ways to build.
By Justin Smith | Training is an investment with big payoffs, so do your research when determining the best fit for your firm.
By Mark Zweig | In the new year, remember that we're responsible for creating our own luck. You can start by focusing on these five things.
By Will Anderson | Five ways that inflation could be eating away at your firm’s growth and what you can do about it.
By Roger Marquis | What is a self-perform general contractor and why should your firm consider working with one?
By Jim Toby | The quality of your projects sets your firm apart from the competition, so urge your prospective clients to look beyond the costs.
By Jamie Claire Kiser | It’s time to reevaluate every penny of our cost structures and ensure that our investments are going to our workforce.
By Rob Hughes | Having a clear understanding of some key insurance concepts can help your firm navigate heightened requirements and hard insurance market conditions more effectively.
By Mark Zweig | Not only do you need to monitor and report on the right performance metrics for your firm, but you also have to explain what these numbers mean to your people.
By Mark Zweig | Stop lamenting the labor shortage and start doing what you should to find and keep the very best people in spite of it.
By Rob Hughes | Enterprise risk management provides a formal process for firms to examine their critical risks in context, and implement cost-effective risk management and risk-financing solutions.
Contract disclaimers reflect the reality that estimating is an art, not a science – and that design professionals cannot guarantee or warrant the actual costs of construction.
By Mark Zweig | When times get tough, you have two choices: You can cut expenses and eliminate all investments, or you can double down on making improvements in your business.
By Chad Clinehens | This is an opportunity to immerse your team in the best thought leadership and best practices in the AEC industry.
By Mark Zweig | Firms seem to be doing better than most anyone would have predicted when everything had to shut down in March. Why is that?
LaShawn Stewart-Baylor, founder of Integrated CM Solutions, talks about how she got her first project within days of starting the business, the challenges faced by minority AEC firms, the importance of relationships, and more.
Wunderlich-Malec (Eden Prairie, MN), a provider of advanced technology, software and engineering solutions for a variety of industries across the globe, is acquiring the staff and patented mGrid technology of IPP Connect (Elmhurst, IL), a...
Firms should evaluate their services, internal IT systems and controls, and check their insurance to make sure they have the protection they need.
Make your business more sustainable and build a loyal team by training your people to manage themselves and their projects the way you would.
In times like these, it is more important than ever to monitor your costs and develop an action plan to ensure your firm can weather the storm. There are so many fixed costs associated with...
As many are adjusting to a work-from-home environment, Zweig Group is very excited to offer new online learning options for AEC Professionals. Our highly acclaimed seminars are now available online, so you can learn from...
“There are many ways to ‘cook the books’ so they show certain results. Here are some typical problems that we see showing up in the financial statements of A/E firms.”
Cross-marketing is the low-hanging fruit of business development. But will it work for your firm?
By John Bray | The value you will add and the time you will save is worth the cost almost every single time.
In an M&A deal, the seller’s professional liability insurance for legacy projects will likely come into play. Deal with it early on.
If you’re looking to grow your firm, be diligent and adaptable in finding the IT system that suits your needs.
Zweig Group’s annual publication of AEC industry fees, billing rates, chargeability/utilization rates, project contracts, and billing practices, has been released. The data contained in this publication was gathered using an online survey and collected from...
Survey data from Zweig Group’s 2019 Financial Performance Survey of AEC Firms indicates strong financial performance industry-wide.
Being cautious and reasonable about your growth plans is a smarter move than filling seats just for the sake of beefing up the org chart.
Recent data indicates strong financial performance industry-wide Zweig Group’s annual Financial Performance Survey of AEC Firms, released on April 4, 2019, identified a strong positive trend in multiple key financial indicators, including profit, revenue, staff...
There are plenty of tell-tale signs your AEC firm needs a set of third-party experts to help you achieve your goals.
Add value, share work, respond quickly, and be open about your process to get more business and increase revenue without spending more.
“After devoting my entire career – since getting out of grad school at the ripe old age of 22 – to the AEC industry, I have had plenty of time to reflect on where we’ve...
We all know it does, but it’s also hard to define, hard to achieve, and if we fail in our pursuit of it, the consequences can be severe. The word “quality” seems to be constantly...
When you look at principals of firms in this business who are really happy and successful – who have growing, profitable companies – you’ll see certain common traits that emerge. Here are a few of...
In the absence of extraordinary situations, the courts will rely on the contract’s terms, not the Impossibility of Performance Doctrine. My wife and I visited St. Peter’s Basilica in Rome a few years ago. A...
Do you have a gazillion underused software programs languishing on computers across your firm? If you do, you’re certainly not alone. Shelfware, or unused software, is said to cost companies roughly $30 billion per year...
Tax consultancy looks at people, not just price and product, to develop new business while serving existing clients. Editor’s note: Corporate Tax Advisors, Inc. is a sponsor of the 2018 Hot Firm + A/E Industry...
As the outlook for AEC firms remains bright and professional liability insurance rates stay competitive, the time is right to make sure your firm has adequate protection. Things are looking up for design firms. They...
If your building is too cold or too hot, or if employees become sluggish in the afternoon, take a look at the building’s operating systems. Do you work in an older office building where the...
The Spearin Doctrine: Public owners do not shed all design risk by contracting for design-build if there are specified criteria upon which the design-builder is to rely. On government projects you may sometimes hear a...
To save scarce resources, provide enhanced services, and reduce costs, the trend is to look at multiples of buildings as a district with common utilities. The emphasis on water and energy conservation and enhanced security...
Attention to performance metrics can enhance business value, so you might try using a few new financial ratios in your spreadsheets. For those of you involved with firm financial management, you expect to regularly review...
By understanding the various risks associated with P3s and taking appropriate steps to manage them, A/E firms can put themselves in advantageous positions. As our nation turns to the urgent need to repair, replace, and...
You lament the commoditization of your services, but are you doing anything to differentiate your firm, and in turn, earn better fees? We have all had the experience of standing with a group of our...
For many, growth means losing their beloved workplace. But think again. Growth can mean increased capabilities, not increased numbers. We talk a lot about growth here at Zweig Group. It’s a philosophy that underpins all...
In this episode of The Zweig Letter podcast, Randy Wilburn sat down with Bill Murphey, director of Zweig Group's training department, to discuss the importance of training and Zweig Group's updated lineup of training programs...
In states that adhere to the ELD, design professionals have a strong defense against third-party claims for economic damages. Know the law in your project state. Law books are full of various “doctrines” that have...
As 2018 approaches, A/E firms may want to revisit professional liability insurance limits, and find optimal solutions for their requirements. As design firms look ahead to 2018, the time may be right to reassess their...
So many companies have done it but there are many more that still haven’t – morphing from a geographically-based to a market-based firm. Why is this so crucial? There are many reasons, but first and...
Good old American ingenuity is what we need to save the planet, not a cumbersome set of rules and regulations. A great deal has been written, and there has been significant handwringing, about America backing...
What does your contract say about the ability to recover legal fees or staff time incurred to recover unpaid fees? Good question, huh? Two recent cases show that architects with good contracts can recover not...
FAYETTEVILLE, Ark. (July 25, 2017) –Zweig Group’s 2017 Operating Expenses Survey provides a comprehensive view of the largest line items that impact an architecture, engineering, planning, or environmental firm’s overhead, including human resources, marketing, IT,...
For multi-office firms, it’s important to monitor overhead allocations so one region doesn’t consume more than its fair share of resources. Here’s the issue: Department managers, regional managers, and office managers all question the general...
When the company you acquire has better ideas than your firm’s, you have to remain open to change and be willing to learn. Acquisitions help companies in many ways. They enable access to the professional...
FAYETTEVILLE, Ark. (April 14, 2017) –Zweig Group recently released the 2017 Financial Performance Survey of Architecture, Engineering, Planning and Environmental Consulting Firms. This annual publication is based on a survey of industry firms, and is...
The acronym is PDB, not to be confused with PBR, the beer, or PBR, professional bull riding. Bone up on the latest method of project delivery. By some statistics, design-build accounts for some 40 percent...
If improperly worded, they not only can shift significant risks, but do so in ways that leave design professionals exposed to potentially large claims. A critical component of effective risk management for design firms involves...
Building a relocation program to recruit and retain talent in the design industry should be a primary focus of any sound HR program. You’ve been there before. You’ve spent time sourcing, researching, and recruiting the...
Hiring good people isn’t easy, and hanging onto them is just as difficult. When you find the right person, offer an excellent benefits package. By Gale Associates Inc. Best Firm #4 Multidiscipline for 2016 Recruitment...
As a matter of personal “policy” and business philosophy, I don’t get into politics in these pages or any of the other publications or social media outlets used by me or my businesses. Just seems...
1. Contrary to popular belief, healthcare costs to employers are going to go down. A plethora of options exist for companies looking to reduce their out-of-pocket healthcare related expenses. Firms on the bleeding edge will...
1. The competition for skilled labor will increase. This will lead to more employee turnover, higher wages, and an uptick in inflation. The unemployment rate will remain near 5 percent nationally, but the number of...
1. M&A activity will increase. The majority of firms with more than 50 people are looking to buy or sell. This is crazy! According to Zweig Group's 2016 Merger & Acquisition Survey, 62 percent of...
Executives who delegate important decisions to the second tier, and not the principals, run the risk of curbing their firm’s potential. Since when is it okay for a firm’s senior executive to outsource leadership? Hopefully,...
This year’s event, as in previous years, featured a full slate of breakout sessions with dynamic speakers. Here’s what they had to say about the 2016 conference. “As our industry heats up, good people are...
We’re down to the fourth quarter. It’s either been your best year ever – in which case you want it to end up as such – or it hasn’t been – and you have to...
With a focus on renewable energy and environmental conservation, and a need to improve a vast and aging infrastructure, opportunity abounds. Things are going pretty well for nearly all these days. Those downturn doldrums are...
At $746 million, the EPA’s lowball price tag for cleaning up the Portland Harbor Superfund site is ‘wishful thinking,’ according to one important critic. By Richard Massey Managing Editor The Environmental Protection Agency recently released...
Complex redevelopment of a blighted area prompts team to be creative across the board – design, personnel, technology, and funding. While having a glass of wine with colleagues from New York, we reflected on the...
Keep the inexpensive items on the table and hand them out freely, but give the good stuff only to those who seem truly interested in your firm. Costs for attending trade shows can range from...
As good as business is in the AEC world – and believe me, it’s really good for most everyone right now – we are seeing a lot of companies developing profitability problems. It’s pretty simple:...
Zweig Group’s 2016 Financial Performance Survey of Architecture, Engineering, and Environmental Consulting Firms, gives firm leaders a clear view into industry trends and financial metrics that can help firms effectively manage their resources. The best...
By Mark Zweig | Many folks working in firms in the A/E/P and environmental consulting industry don't understand commonly-used financial terminology. How can you blame them? If no one ever explained it to them you...
Zweig Group’s 2016 Policies, Procedures and Benefits Survey of Architecture, Engineering, Planning and Environmental Consulting Firms was just released on July 22, 2016. This legacy publication was updated in 2016 with the addition of data...
Inaugural ‘Work Travel & Reimbursement Spotlight Survey’ available at pre-publication pricing Digital Publication Shows Who Will, Won’t Prepay for Employees’ Personal Travel Zweig Group, the architectural, engineering, planning, and environmental construction industry’s go-to resource for...
Digital publication shows who will, and won’t prepay for employees’ personal travel. Zweig Group has released the first of its Spotlight Surveys series, Work Travel & Reimbursement. This full-color digital product offers an in-depth look...
FAYETTEVILLE, Ark. (March 10, 2016) – Zweig Group announces Corporate Tax Advisors, Inc. (CTA) as a sponsor of the 2016 Hot Firm and A/E Industry Awards Conference held on September 22-23, 2016, at the Arizona...
Zweig Group is incorporating 13 new “mini-surveys” for 2016, bringing its annual survey publication total to 27. “Zweig Group is constantly looking for new ways to provide our clients the data they need,” says Andrea...
Zweig Group Debuts 13 New Survey Publications, Announces ‘Take 3’ Promotion All Questionnaires Now Open for Participation FAYETTEVILLE, AR (February 3, 2016) – Zweig Group – the architectural, engineering, planning, and environmental consulting industry’s go-to...
Implementing these 8 easy changes can help your firm work smarter, not harder, and reap the monetary rewards. I have always felt that, if A/E and environmental consulting firms spent as much time on getting...
Great leaders know when to hold their tongues, take a step back, ask questions, and come to a better solution. Every day that goes by, the more convinced I am that our abilities to keep...
Four suggestions from Mark Zweig that will result in more work than you can handle. It’s interesting to me to see how many architects, engineers, planners and environmental consultants really don’t understand marketing. Many either...
As hiring picks up in 2015, make sure you are taking all factors into consideration, Mark Zweig writes. Some years ago, I got a call from a good client and friend of mine. He ran...
The holidays are a great time for fun and creative marketing pieces. Taking home second place in Zweig Group’s 2014 Marketing Excellence Awards in the Online Marketing Category, Clark Patterson Lee (Rochester, NY), a 220-person...
Build a better, more sustainable company with these suggestions from Mark Zweig. 2015 is shaping up to be a FANTASTIC year for firms in this business. It’s really fun to see how many firms are...
Design firms may have a niche to fill in this area. After all, you can do it better than a dispassionate program manager. Architects and engineers have long complained about their relationships with program managers....
This over-used word can be working against you. In one of our seminars, we ask the attendees to spend 5 minutes developing a short pitch to convince a potential client why they should hire the...
Mark Zweig expresses frustration about the mishandling of the sales process at design firms. It is a hard to manage the business development (BD) effort in the A/E and environmental consulting industry. To start with,...
It doesn’t look good right now, but in a changing world, architects will always be needed. There’s a lot of discussion about the future of architecture. It’s happening in the media, it’s occurring in the...
Four additional suggestions from Mark Zweig because the time is now. It’s here – the New Year. They keep coming faster and faster. It’s kind of funny to see the past futurists’ ideas about what...
Costs add up, sometimes alarmingly, so be sure to discuss reimbursements. Everyone says they don’t want to nickel and dime their client and yet getting paid for doing work and providing service is the reality...
Are you able to charge the fees you think your services should command? The July issue of Interior Design magazine featured the “2013 Rising Giants 101-200” – in other words, the second group of 100...
It needs to be relevant, user-friendly and affordable but is well-worth the investment. Recruiting is not so simple an enterprise anymore. Like it or not, recruiting has become increasingly sophisticated over the years – in...
Mark Zweig lists seven concerns, so it’s time to act. With the construction economy roaring back, it’s interesting to me to see some A/E and environmental firms cashing in on it and others that still...
Stop holding so many of them and get back to work, Mark Zweig writes. We’ve got a HUGE problem in the A/E/P and environmental business. And it’s one we can solve easily. I’m talking about...
In 2013, use the lessons learned in 2012 to have a better year – propelled by a slight breeze. Like many readers of The Zweig Letter, I’ve been working to refine the ZweigWhite business plan...
By Ed Friedrichs Chairman, ZweigWhite When I was CEO of Gensler I was often asked how I kept track of it all. At the end of my tenure, we had 2,400 people in 25 offices...
Press Release: October 21, 2011 FAYETTEVILLE, Ark. (October 21, 2011) – Goodbye to that swanky Midtown office space? Architecture, engineering, planning and environmental firms are spending less than previous years on rent and utilities. These...
By Jeremy Clarke Getting top talent is still a critical priority… even in this economic environment. How so? Well, because business needs are still evolving, and employee turnover is still an unavoidable reality. All of...
By Mark Zweig CEO, ZweigWhite We’ve had a rough three years. And although there have been some bright spots and encouraging moments, it could get a whole lot worse. I read one gloom and doom...
By Tracey Jeffers Principal, Valuation Consulting ZweigWhite If you are involved with financial management at some level in your firm, you expect to regularly review the typical balance sheet and income statement. A smaller percentage...
By W. Hobson Hogan ZweigWhite Principal, Investment Banking I have represented many businesses in M&A processes and I have analyzed both great and not-so-great firms. In all of these M&A processes, I have witnessed some...
Press Release: June 24, 2011 FAYETTEVILLE, Ark. (June 24, 2011) – Country clubs, health clubs, and other social clubs have historically been places where one could go to make new contacts and entertain clients. For...
By Ed Friedrichs There is no “right” or “wrong” about where work gets done today. Work and ideas flow freely across the planet. The marketplace will buy from the source that provides the right service...
By Tracey D. Jeffers Cash and accrual methods each have their pluses and minuses. Editor’s note: This is the second of a two-part series. In her first article (The Zweig Letter, Feb. 21, issue 899)...
By Hobson Hogan I recently attended a conference on alternative investments for asset managers and investors. The attendees were mostly representatives from large institutional investors, endowments, hedge fund managers, and corporate bankers. The conference focused...
By Mark C. Zweig Sooner or later one comes to the realization that the answer doesn’t always lie in growing revenue. It may just not be possible with the time you have to fix the...
Press Release: February 22, 2011 FAYETTEVILLE, AR (February 22, 2011) — Architects, engineers, project owners and others wishing to work collaboratively under a delivery method known as Integrated Project Delivery (IPD) may have a found...
By Mark C. Zweig I thought it might be fun to reflect back on my 30-plus years of working in this business and assemble a list of fundamental laws none of us can get around....
Press Release: January 10, 2011 As design firms were forced to shed workers and cut costs during the recession, technology often came to rescue, a report in the Jan. 10 issue of The Zweig Letter...
From the Chairman:Ed Friedrichs As the end of this rather protracted recession plays out (we all hope), I’ve been questioning lots of clients— both the architecture/ engineering firms to whom I consult and the companies...
As a consultant for 30 years now, I have done a lot of turnarounds. Even though they can be terrible and painful, when they go well, a successful turnaround can be incredibly gratifying. There is...
Many A/E/P and environmental firms are planning on entering new markets this year. The reasons for doing so are pretty obvious— first among them being that so many markets firms are already in are down....
There are lots of firms that feel stuck in the mud today. They’re just muddling along, treading water, at a break even at best. Some owners think this is a fine position to be in....
As I begin to write this article I am sitting at “The Tournament of Kings” show at The Excalibur in Las Vegas with my two oldest daughters. Earlier today we finished off the 10th annual...
In these hard times we live in, many companies in our business are not performing like they once did. No question about it— there’s been plenty of suffering to go around. Fewer projects, lower profits,...
Short term marketing fixes? There aren’t any. You can hold a lot of meetings, make some calls, and get out and aggressively try to sell some new projects, but it probably won’t make any real...
Economic crisis or not, there’s a lot of it going on these days— firms in our “industry” buying other companies— for a variety of reasons. And while there is lots of information out there on...
As someone who has worked, studied, and written about this business for 28 years now, I thought today is as good as any day to share some of what I’ve learned. Here it goes: What...
Frank Beutellow was growing increasingly frustrated. It seemed to him that everyone who joined his firm, Beut Engineering, lately, was not as good as the person who left the firm before them. Morale was bad—...
Since this issue is dedicated to mergers and acquisitions in the A/E/P and environmental industry, I thought I’d share some of what I’ve learned over the years about this subject. Mergers and acquisitions can work...
Human resources management has long been criticized and undervalued by top management in A/E/P and environmental firms. Evidence of this fact is pay. According to ZweigWhite’s 2007-2008 Management Compensation Survey of Architecture, Engineering, Planning &...
Although I have been generally getting calmer with age, I’ve found myself getting mad lately— mad at design professionals who will NOT do what they should do to build a reputation for themselves and the...
It’s no wonder that contractors are getting more and more control over the building process. Contractor-led design-build’s popularity compared to designer-led design-build is just one example. There are many reasons for the decline of the...
Like it or not, the world is rapidly becoming one. It won’t happen overnight, but it will happen. And the implications for architects, engineers, planners, and allied professions are significant. What it means, quite simply,...
While there have been some “experts” who’ve made names for themselves by bashing IT and saying it is, at best, a necessary evil, I completely disagree with them. There are so many ways IT can...
You’ll hear it at any gathering of A/E/P and environmental consulting firm owners— hiring is at the top of the list of challenges they’re facing as we head into 2006. That said, there’s still too...
The longer I’ve worked with A/E/P and environmental firms, the more clear it has become to me: Most firms are working on the wrong side of the equation when it comes to boosting effective multipliers...
It’s kind of funny. I was out visiting a firm the other day— a rapidly growing, multi-office, multi-service firm— that is apparently beating the pants off of its larger, more established competitors. I’ve seen it...
Turning around an A/E or environmental company that is not doing as well as it should be doing takes an artful leader (or bunch of leaders). If you take a closer look at these transformations,...
Many firms are becoming increasingly aware of the fact that they don’t know how much to spend on marketing. On the one hand, it’s harder than ever to get work, there’s downward fee pressure resulting...
More A/E/P and environmental firms than ever are seeing their businesses slow down and profits eroding away. We find the situation is rarely, if ever, hopeless. Any firm can stop this slide IF they want...
As the year winds down, it’s apparent that the majority of design and environmental firms are finishing up a year that wasn’t as good for them as 2001. Flattening out of growth coupled with a...
I don’t want to be negative nor schizophrenic. Sure, there was panic after 9/11, but the fact is our industry (overall) has been remarkably healthy since then. The data still looks good in many sectors....
George Alexandra was fed up. He was tired of always having to take a back seat to his partner, Mick Flashyman. “Just because Flashyman started the company (Godlike Architects, Inc.) didn’t mean it wouldn’t be...
Right now, everyone seems to be interested in profits. 2001 shook owners and employees alike. And even though most firms had a decent year (but “decent” is not the same as “great”), most made about...
If you look at the effect the events of September 11 had on everyone in this country, it’s really pretty amazing. The collective funk that ensued hurt businesses of all types in an unprecedented way....
When design or environmental firms face problems, the first course they usually pursue is one of cost cutting. Obviously, there’s merit to it. I have recommended cost cuts to clients many times over the years,...
“What goes around comes around.” “The harder I work, the luckier I get.” “You reap what you sow.” “To get love, you need to give love.” These adages (and many more) all reinforce the thinking...
I had a 56-year-old client say to me the other day that he just isn’t having any fun anymore. He wants to change his life, and he had decided to sell his firm so that...
I hate to say it. I thought the past was behind us. But the fact is some architects are repeating history right now. They’re getting ready for another fall. They’re making the same mistakes they...
I thank God every day that the business we serve (the A/E/P and environmental business) is, by and large, the most ethical “industry” you’ll find anywhere. I think most of us in this business assume...
“These are the good old days,” as Carly Simon used to sing. I’m talking about the current period of prosperity for just about everyone in the A/E/P and environmental businesses. Firms are making record profits....
The longer I have been involved with management of A/E/P and environmental firms the more convinced I am that the whole key to success lies in thinking long term. The sooner one comes to this...
Believe it or not, some people don’t like the term “human resources management.” They think it diminishes individuals in some way, and by referring to “human resources” we might as well be talking about “natural...
These are the good old days for the A/E/P and environmental consulting business. Times are good. Firms are growing. Employment offers are going out weekly, daily, and in some cases, hourly. But did you ever...
A common theme is emerging in our business right now, especially with large firms— but certainly not limited to them. Firms need to improve their profits. Volume is up, optimism is up, backlog is growing,...
Call me any names you want. It won’t be the first time. But it doesn’t matter. I’m tough. I can take it. I have the power of my own convictions and conscience to get me...
Goodness, how times change. Can you imagine what your reaction would have been five, or even three years ago, if a management consultant advised you to get out of the environmental consulting business and move...
One of the principals of a firm I have been acquainted with for a couple of years called the other day to tell me he had just left a board of directors’ meeting where they...
I just got back from the annual principals’ retreat of a real successful firm, which was held at The Woodlands outside of Houston. One of the goals for the retreat, established by the firm’s board...
To a lot of people in the A/E/P and environmental business, small projects are still something to be avoided. In fact, many business plans we read contain some sort of strategy statement that say the...
We hear it a lot these days: “We can’t compete with the five-man firm across town— they’ll do the job for half what we charge,” or, “How can a big firm like ZH43C do that...
From all we see and hear through our “catbird seat” at ZW&A, it seems to me that many of the professionals out there in our industry have forgotten what their role is in the building...
The A/E/P and environmental consulting business is really pretty simple from a financial management standpoint. It shouldn’t be hard to track the numbers you need to run a firm, yet so many companies seem to...
It seems that our readers in A/E/P and environmental firms can’t get enough on project management. No one out there appears content with how he or she is handling it. Although my treatise a few...
The long anticipated, talked about, and dreaded shortage of qualified people is here. Ask principals in most firms, and they will tell you that it’s very difficult right now to find staff— particularly engineers, geologists,...
Several times in the last few months, I’ve been asked to speak on the topic of what keeps people in A/E/P and environmental firms happy and productive. The first thing I always tell folks is...
It is widely accepted that any well-managed A/E/P or environmental consulting firm should monitor and report on the profitability of the projects it undertakes. Pick up practically any management newsletter, or look in the practice...
While 1994 was a truly great year for most architecture and engineering firms, and even for some environmental consulting firms, there were still firms in our industry that lost money. And it’s not unusual for...
Conventional wisdom (CW) isn’t always so “wise.” Let’s take a look at some of the wisdom frequently heard in the halls and conference rooms of A/E and environmental consulting firms: The company will be profitable...
If I weren’t so optimistic, I could easily get discouraged. As an owner in a small, growing company, it seems that every time you make a buck, someone is there to take it away from...
This is the time of year many firms do their budgeting. Unfortunately, many of them make the budgeting process far more difficult than it has to be. Small firms may not know where to start...
Although I’ve been trying to preach the gospel for years now, most principals of A/E/P and environmental consulting firms still do not understand what human resources management is all about. First, there’s the way so...