The power of valuation in AEC firms
By Becky Carlson | Understanding your firm’s value early can reveal growth opportunities, reduce risk, and support long-term transition planning.
10 results found for “cycle”
By Becky Carlson | Understanding your firm’s value early can reveal growth opportunities, reduce risk, and support long-term transition planning.
By Sarah Kinard | Economic shifts, regulatory change, technology, and evolving client expectations rarely arrive as disruption – they appear first as signals.
By Jessica Warren | AEC firms that invest in community impact are not just doing good, they are building more resilient and competitive organizations.
By Gina Rodriguez | In AEC, expertise builds credibility, but engagement is what creates trust, strengthens relationships, and drives better outcomes.
By Nam Douglas | Tightening immigration pathways are reshaping AEC talent pipelines, forcing firms to rethink workforce strategy, risk planning, and long-term leadership development.
By Chad Coldiron | In today’s AEC market, retention isn’t just about culture – it’s about whether employees can afford to stay.
By Julia Moroney | The real AI conversation in AEC isn’t about tools or speed, it’s about preserving trust, judgment, and accountability.
By Jeremy Clarke | Most governance problems are not execution failures but clarity failures around who owns decisions and who is accountable.
The leading source of business management insights, research, and strategies tailored specifically for leaders of AEC firms.
By Mark Zweig | Market cycles are inevitable, and firms that act before revenue drops will outperform those that wait and react.
By Morgan Stinson | AEC firms win when purpose, not profit, drives client experience.
By Mark Zweig | Long-term firm owners stay motivated by evolving the business, mentoring emerging leaders, and staying close to the action.
Master Builders Reimagined: KP Reddy Explores AI, Integration, and Future Design Leadership “We keep iterating on an old construct—let’s stop and start over. How do we want to do things differently? Let’s get...
By Mark Zweig | Great planning forces hard choices, clear accountability, and alignment across the entire firm.
By Gerry Devine | Industry lines are blurring as AEC firms evolve from service providers into strategic partners guiding investment, risk, and long-term value.
By Kyle Ahern | Outdated pay benchmarks are quietly undermining retention and credibility in today’s AEC compensation decisions.
By Michael Sanderson | The future of professional services depends less on hours logged and more on trust, ownership, and meaningful results.
By Scott Butcher | AEC firms use seller-doers, business developers, or both, and the best model depends on buyer preferences and firm capabilities.
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.
By Brad Wilson | ESOP success in AEC firms depends on financial discipline, clear governance, and treating employee ownership as a lasting cultural investment.
By Kraig Kern | When the engine stalls, take the pause to reset, refocus, and get ready for what comes next.
By Kyle Ahern | A closer look reveals hiring and retention pressures demanding smarter, people-focused strategies.
By Jeremy Clarke | Independent directors give AEC boards the objectivity, capacity, and perspective insiders can’t provide.
By Liisa Andreassen | President and COO of OBMI (Miami, FL), a global master planning, architecture, and design firm.
One of my all-time favorite Zweig Letter articles was written by no less than Mark Zweig himself, titled, “Frank Wouldn’t Be Happy.” The “Frank” in this case was Frank Lloyd Wright, and the article described...
July 1 – IMEG Corp. (Rock Island, IL) acquired HP Engineering (Rogers, AR), a multidisciplinary engineering firm providing MEP, fire protection, structural, lighting, low-voltage, energy modeling, and commissioning services. [More information] July 1 – Pennoni...
By Scott D. Butcher | To succeed in disruption, AEC firms must refine client focus, target markets, and go/no-go processes.
By Adam Langley | Time is a finite resource, but by effectively managing it, you’ll contribute to your individual success and the long-term prosperity of your firm.
By Stefanie Richter | High-performing AEC teams thrive on chemistry, clarity, and control – enabled by integrated systems that eliminate costly friction.
By Matt Verderamo | These four steps will earn your business a steady backlog, empowering you to chase your strategic goals.
By Javier Suarez | Companies should focus first and foremost on “doing” and then worry about “saying” what they are doing.
By Mercedez Thompson | As our industry and client expectations evolve, so must our strategies for winning complex, high-stakes project pursuits.
March 03 - LJA Engineering (Houston, TX) acquired Peters and Yaffee (Jacksonville, FL), a Civil Engineering firm, expanding its capabilities in traffic engineering, transportation engineering, roadway design, traffic signal design, signing and pavement marking design,...
By Stuart McLendon | In uncertain waters, let strong financial leadership be your north star.
By Brad Thurman | Building true, long-lasting professional relationships with your clients takes a lot of work – but will pay off for you in the end.
By Tom Mesk | Prioritizing personal well-being and balance enhances workplace culture, productivity, and presence while preventing burnout and endless to-do list cycles.
By Chad Coldiron, Casey Shea & Stefanie Richter | High-performing firms that embrace technology solutions are seeing transformative results across their operations.
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 Earl Mott | Thoughts from both sides of this mutually beneficial relationship over the course of a career.
By Bob McGee | When employees actively promote themselves, their projects, and their expertise, they enhance their professional credibility and elevate your company’s reputation.
By Amy Patel | Building trust through clear communication, effective management, and personal attention is crucial for successful large-scale project teams.
By Elizabeth Preston | Managers can unintentionally hinder their team’s writing by not providing clear standards, dedicated time, and constructive feedback.
By Will Swearingen | The latest data reveals increased billing rates, improved chargeability, and refined collections processes in AEC.
By Matt Verderamo | Three simple but impactful strategies to shift your mindset from needing more to getting rest.
This comprehensive report offers insights into fees, billing rates, chargeability/utilization rates, project contracts, and billing practices.
By Kristin Kautz | AI assistants empower personalized and effective support that will save time and money, and enhance creativity and quality.
By Luke Carothers | AEC industry experts shed light on key topics for firm leaders, from employee compensation, career growth, and AI integration.
By Mark Zweig | Entrepreneurial firm owners understand that marketing is an off-balance sheet long-term investment in the firm’s future.
By Ezequiel Tovar | In turbulent times, strategic capital allocation is crucial for firm survival.
By Will Swearingen | By being proactive and creating spaces to learn and grow, firms can benefit from this evolving workplace landscape.
By Florencia Kratsman | Businesses must embrace sustainable interior design, prioritizing eco-friendly materials, longevity, and heritage to mitigate environmental impact and meet consumer demands.
By Adrian De la Garza | CEO of UES, an industry leader with more than six decades of experience in geotechnical engineering, materials testing, environmental consulting, and more.
By Ezequiel Tovar | Neglecting succession planning jeopardizes the future of your company’s internal transition.
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 Janki DePalma | When you notice feelings of resentment, take a moment to explore what that warning sign is trying to tell you before it escalates into something more.
By Shannon Koop | A well-developed business plan gives insight into growth potential, possible disruption, and resource constraints.
Zweig Group’s 2023 Best Firms To Work For Award winners share how they’re leading the charge in setting new standards for employee experience.
By Travis White | The benefits that come with being a growth-focused firm far outweigh the risks.
By Miles Gullingsrud | When leaders take the time to invest in the development ambition of staff, they can create a system that supports people’s personal and professional sustainability.
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.
By Jennifer Haddad | If you can approach the situation with empathy, compassion, and an open mind, you can create a positive experience and leave the door open for future opportunities.
By Mark Zweig | You can learn something from every new experience, so don’t lose the sense of curiosity and wonder you had as a kid.
By Eric Wilson | With the right set of values and organizational alignment, you may find yourself in a positive feedback loop where shared principles guide you toward collective goals.
By Andy Chavez | The Zweig Index reports on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of Stantec.
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 here. Domestic...
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.
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 here.
Zweig Group has announced its client DBR Engineering Consultants, Inc. has acquired SW Associates Consulting Engineers, Inc.
By Mark Nusbaum | Changing your perspective and striving to always be present, aware, and reassuring will inspire confidence during construction administration.
By Mark Zweig | Four things you can do to build the kind of workplace over time that good people want to stay in.
Erica Olsen, COO and co-founder of OnStrategy, discusses how her company combine hands-on services with customized software to design great strategies and automate the process for managing execution.
By Liisa Andreassen | Partner at Orcutt | Winslow (Phoenix, AZ), a design firm that aspires to positively disrupt architecture through innovation, experimentation, and invention.
By Tim Spence | With a clear purpose, empowered professionals, and a drive for ongoing development, design firms can motivate all of their employees to row together.
By Mark Zweig | We’ve all heard about the attributes of highly effective people, but what about the habits of highly ineffective people?
By Lindsay Young | Best practices for AEC firms will continue to evolve, but firms that take steps to innovate will be the ones that succeed.
By Liisa Andreassen | President of Campos Engineering (Dallas, TX), an MEP engineering, testing, adjusting and balancing, and commissioning firm.
By Kevin Johns | Despite the uncertainty and impact caused by potential tax law changes, inflation, and the pandemic, forecasts are strong overall for the AEC industry for 2022.
By Ann M. Rolland | Even a slight shift toward more responsible materials is impactful and can effect change to the manufacturing industries and the products that designers specify.
By Jane Lawler Smith | When it comes to our clients, employees, and brand, are we competing like AEC professionals or acting like Family Feud contestants, simply guessing at answers?
By Mark Zweig | This isn’t easy, but it will ultimately make you more successful – not just as a business leader, but in life itself!
By Tom Godin | These fundamentals are an important part of your firm’s healthy diet.
ADEC Innovations, a recognized global leader in designing, developing, and delivering solutions and services in critical areas of sustainable development, announced it has completed its acquisition of Cameron Cole, LLC, a full-service environmental services and...
By Liisa Andreassen | Owner and managing principal of Arrive Architecture Group (Bedford, TX), a firm that specializes in multi-housing residences for individuals, families, and seniors.
By Christina Zweig Niehues | This year’s Hot Firms achieved incredible success at a time of great change and uncertainty.
By Phil Keil | Think of strategy as a revolutionary process requiring continual iteration and agility.
Mentors open pathways for others, and outreach is key to achieving firms’ diversity and inclusion goals.
By Mark Zweig | Being retired from the day-to-day business for nearly three years gives you more time to think.
FAYETTEVILLE, Ark. (Wednesday, May 5, 2021) – The impact of 2020 evident in cash positions, equity value/book value, and increase in ownership transition activity. Zweig Group recently released the 2021 Valuation Report of AEC Firms,...
By Alexandra Pollock | With the vaccine rolling out and workers trickling back into offices, we need to determine what innovations we will carry forward and how we will continue to evolve.
By Liisa Andreassen | President and founder of PaleoWest, a heritage consulting firm that guides clients’ projects through regulatory challenges posed by prehistoric, historic, and paleontological resources.
By Kevin Token | A singular leader, in place for all time, might not be the best model for your firm. Consider a different way, one that plans for transitions and accommodates change.
Current world events are changing the way we value everything. This pandemic highlights the need for collaborative and equitable decision-making between leadership and staff.
By Jamie Claire Kiser & Christina Zweig Niehues | ElevateHer has been a call to action to work together, and the reaction to this inclusive approach has been powerful.
CEO of Wendel (Williamsville, NY), an innovative AEC and energy efficiency firm that collaborates with clients for a holistic project approach.
When firms encourage a hybrid role between business development and sales, the result is often improved collaboration throughout the firm.
By Mark Zweig | None of these is a panacea. All of these things do, however, have the potential to bring you new clients, opportunities, and projects.
It’s possible for a mature company to stay innovative – the key is unlocking talent from within.
Burnout prevention is the key to healthy, growing, and resilient organizations, especially now.
Learning to learn, praising the process, and reflecting on your progress all point your mind toward the common goal of persistent development.
By putting energy into the power of habit, deep work, productivity tools, and daily scheduling, you will see immediate and lasting productivity gains.
Don’t be afraid to charge what you’re worth. You want clients who value your relationship and appreciate your talent.
A well-designed sabbatical program can combat burnout and disengagement, ensuring your organization’s long-term success.
It’s important to understand your business model and the various outside factors that can affect the execution of an ESOP transaction.
A successful sustainability plan should formalize your approach for continuous improvement and help you build on what you are already doing in three key areas.
Growth and relationship management software turn marketing into the catalyst for growth: The four best practices for winning marketing teams.
President of Baldridge & Associates Structural Engineering, a full-service structural engineering and forensic consulting firm based in Honolulu, Hawaii.
President of CEI, a 20-year-old minority-owned engineering and contracting firm based in Miami Lakes, Florida.
President and co-founder of ADC Engineering, Inc., a multidisciplinary firm based in Hanaham, South Carolina.
Prepare and execute a plan for balance and growth in the three biggest areas of your engineering career: technical ability, social skills, and stewardship of the profession.
The best way to do it is one bite at a time. The same can be said of your marketing plan.
In terms of feedback, there’s a big difference between what millennials want and what you’ve been told they want.
Implementing a tailor-made set of processes for your tailor-made firm will increase your chances of success, regardless of the space in which you compete.
A firm leader must break out of the deadline cycle and make a meaningful connection with employees. If not, performance will (predictably) suffer. Most of what we do today as leaders is not leadership. In...
Undisciplined growth, poor people focus, low financial performance, and a weak capital structure can sink a firm – even big ones with brand names. I’ve been working with several colleagues for the past four years...
“We get our greatest satisfaction from accomplishing things – yet we seem hell bent on getting to a position where we don’t DO anything that would give us that satisfaction.” I don’t know what’s wrong...
With more competition, more intensive procurement, higher costs, and increasingly lower fees, firm leaders must leverage the power of mission. We have a mission as an organization. It is why we exist. The best ones...
“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...
By Edward Friedrichs | Things I could not have imagined just a few years ago are now coming to market, are affordable and practical, and are changing the world for the better.
CEO of Huckabee (Hot Firm #7 and Best Firm Architecture #3 for 2018), a 300-person architecture firm based in Fort Worth, Texas. By Liisa Andreassen Correspondent “For us, diversifying is a bad thing,” Huckabee says....
Giving your clients a say in the layout of their new healthcare space will improve that client’s processes, enhancing overall flow. Why is LEAN-based space planning so important in healthcare facilities? It’s a simple answer:...
Chairman and CEO of NV5 (Hot Firm #1 for 2018), a 2,000-person global engineering firm headquartered in Hollywood, Florida. By Richard Massey Editor “I must convey to every employee that we are in this together,”...
It might be a blunt mantra but it has a broad application across all facets of life and work, including the AEC industry. We all have leaders and figures in our lives who leave an...
Gaining access to executives is not easy, but there’s plenty of opportunities to show value, establish credibility, and, in the end, make the sale. The most effective way to gain access to CXOs is through...
CEO of Apex Companies, LLC (Hot Firm #41 for 2017), a 700-person environmental engineering firm based in Rockville, Maryland. By Liisa Andreassen Correspondent “There is nothing that drives value creation for an organization more than...
The first steps in taking control of your firm’s financial success should center around the billing cycle, timesheets and, most importantly, the backlog. December 28, 2015, was the beginning of my new path as the...
CEO of The Thrasher Group (Hot Firm #77 for 2016), a 350-person architecture, engineering, and survey consulting firm based in Bridgeport, West Virginia. “By definition, a good project manager is someone who delivers. Period,” says...
President and CEO of BSB Design (#87 Hot Firm for 2017), a 180-person architectural design and development firm based in Des Moines, Iowa. By Liisa Andreassen Correspondent “My advice is to get on it!” says...
President and CEO of BKF Engineers (Hot Firm #44 for 2016), a 415-person engineering firm based in Redwood City, California, with 13 offices primarily in Northern California. “It’s easy to get a job, but more...
If there’s gossip in the workplace, your firm will pay the price with warring teams and stalled dynamism. But there’s a three-point antidote to the problem. Work gossip. Some of us participate in it, and...
When taking control of proposals, squat down, get dirty, and just like a baseball catcher out on the diamond, manage your team. Johnny Bench, one of the greatest baseball catchers of all time, said: “The...
CEO and principal of PM Environmental, Inc. (Hot Firm #99 for 2016), a 145-person environmental and engineering services firm based in Lansing, Michigan. By Liisa Andreassen Correspondent “Recruiting due diligence is just as important as...
CEO and chairman of Mead & Hunt (#82 Hot Firm for 2017), a 592-person national firm offering services in planning, design, architecture, and engineering. By Liisa Andreassen Correspondent “There is something to be said for...
All of us have a story to tell, so don’t shy away from it in your professional life. It could be the key ingredient for your firm’s success. Everyone loves a good story. That’s why...
Digital is critical, but don’t fixate on having an army of followers. Instead, use social channels to build your brand equity. What is the first thing you do when you wake up in the morning?...
President of Environmental Partners Group, Inc. (Hot Firm #22 for 2017), a 55-person firm based in Quincy, Massachusetts. By Liisa Andreassen Correspondent “Their problems need to be your problems,” says Gabriel, referring to the client-firm...
When your marketing people are not empowered to make big decisions, their great concepts often get parked in committees, where they die. Marketing is where the creativity is, right? Not always. Too many marketing departments...
David Arends, president and CEO of CR architecture + design (Hot Firm #19 for 2016), a 175-person firm based in Cincinnati, Ohio. By Liisa Andreassen Correspondent “Entrepreneurship is not a standard genetic of architects, so...
The workplace is at its best when teams are as close as tribes, but the only way to get there is to retain your talent. Retention is a growing concern, fueled by lower unemployment rates...
Donald Trump has single handedly breathed life back into the “other social media app” – Twitter. The platform had gone stale. It loses money every year and had a declining user base. Cue the late-night...
Break free from immediate metrics and returns, because with marketing, the ROI could take months or even years to realize. Growing up in the ‘80s, the recent passing of George Michael brought a lot of...
President and one of the founding partners of San Diego-based Rincon Consultants, Inc. (Hot Firm #35 for 2016), a 115-person environmental planning and engineering firm. By Liisa Andreassen Correspondent Mike Gialketsis shares his insights on...
Georgia firm grew by nearly 38 percent last year and is poised to start working nationally, and even internationally. By Liisa Andreassen Correspondent Before founding the Foresite Group (Best Firm #18 Multidiscipline for 2016) in...
Recognizing hard work and celebrating a job well done is common practice at HED. Whether it’s a thank you note or another form of congratulations, success is celebrated. As a firm that’s been around for...
Over the years, we have developed work styles that are not good for our physical, mental, or emotional health, but that can be changed. Taking these tips to heart can really change the health of...
Over the years, we have developed work styles that are not good for our physical, mental, or emotional health, but that can be changed. It’s not that we’re bad people, or that we aren’t working...
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...
If you want to achieve great things and have fun in the process, it’s best to foster a collaborative attitude. Review and approval processes vary greatly around our country, and two extremes are California and...
Dutch port city emerging from Amsterdam's shadow with eye-popping architecture, willingness to innovate, and a proposed Windwheel that just might change the world. By Richard Massey Managing Editor Of the world’s national brands, perhaps none...
Figure out what your firm is and what its values are, and remain disciplined if you want to flourish in a competitive market. The competitive environment continues to change at light speed, and that in...
Firms like to talk about growth, but fear of risk, and even laziness, contribute to lackluster marketing and timid strategic plans. If asked to offer words that describe your firm, would you use ordinary, average,...
The use of video in your recruiting campaign might be what it takes to create buzz for your firm, and in the end, land great employees. This summer movie season is going to be pretty...
For most of my career, I have defended the "new generation," i.e., those just getting out of school and starting their careers. The older people have always complained about the group coming in behind them,...
Rapid hiring during the recovery has changed the complexion of many firms The rapid recovery in the A/E industry has led to unprecedented growth for many firms. Most firms have rebounded, surpassing their pre-recession revenue...
Inspiration is necessary for technical/design professionals and those who manage projects to be successful. I’ve been saying for years that having two tracks – one for managerial and sales people, and one for design and...
There are a few basic traits that differentiate firms that make money from those that scrape by. Chad Clinehens and I were talking in the office yesterday about why some firms we work with make...
Keynote Title: Driving more ROI from your Existing IT Investments Speaker: Noah Eckhouse, VP Portfolio Development Description: Plenty of software vendors are anxious to sell CIOs and CFOs "the next great thing”; however, only a...
FAYETTEVILLE, Ark. (June 1, 2015) – Zweig Group is excited to announce that Chris Catton has re-joined the firm to manage executive search consulting projects as well as help grow the executive search division. Catton,...
Industry prosperity can’t last forever, but preparation now can help you be ready if – and when – the cycle ends. The A/E industry is hot right now, People! The overall industry is as healthy...
Allowing late payments because ‘this is the way the client has always paid us’ is a cash-flow killer. Accounts receivable is, for most of our clients, the source of all the cash that fuels the...
Embracing marketing to set you apart from everyone else can change your business – and your life – for the better. Good marketing has the power to change your firm – and your life. If...
Distinguishing between marketing and sales offers a true perspective of investment. We have a problem in this industry. Many of us have a simple-minded perspective of “marketing.” For many firms, the marketing department is a...
Which units are performing and which are not? Do a little research; allocate your investment appropriately. I'm all for holistic thinking – always have been. I’ve seen a lot of silly (make that stupid) stuff...
By Ed Friedrichs Chairman, ZweigWhite As architects and engineers, we’re in a long-cycle business. That means we work on long duration assignments, often with extended start/stop cycles— waiting for a public hearing, an EIR to...
Press Release: July 26, 2011 FAYETTEVILLE, Ark. (July 26, 2011) – For many leaders in architecture, engineering, planning and environmental firms, a finance chief’s job goes beyond managing finances. When editors of The Zweig Letter...
By Mark C. Zweig Winter of 2011 in the A/E/P and environmental consulting business— it’s been a long one for many of us! And along with record cold temperatures and snowfalls in many places in...
Press Release: January 7, 2011 If the A/E/P and environmental consulting industry has learned one thing in 2010, it’s that recovery doesn’t happen overnight. Last year there was an expectation that 2010 might provide the...
Anyone who knows me can tell you that I have a passion for this business. I have always enjoyed both doing design and being critical of design— I love seeing construction projects get built— and...
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...
My six month-old daughter Olive has already said her first word. It is “clock.” She says it practically every time we show her the black reproduction “Kit-Cat” clock on the wall in her bedroom. For...
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,...
I’ve said it before. The standards— what we expect— from people who are supposed to sell the work to keep our staffs busy in our A/E and environmental firms— are woefully low. Forty calls a...
I just read two articles written by management consulting firms that serve the design industry. Each of them staked out ridiculous positions. The first dealt with firm valuation and talked in circles about the difference...
Everyone says they’re interested in it, and there are all kinds of articles out there on the subject. How to attract and keep an outstanding workforce is clearly on the minds of many principals and...
I have always been interested in design and construction. When I was as young as seven years old, I was drawing up floor plans for houses on graph paper and building them with my Legos....
When I was a kid I worked at the local bike shop. It was underneath an optician’s shop accessible only from an alley. The place was a dump, as some readers of The Zweig Letter...
The longer I am involved with this industry the more aware I am of how critical the collective and individual morale of a firm’s employees is to its continued ability to function successfully. Let’s face...
My daughter pointed out a great bumper sticker to me last weekend. It said “Stop Global Whining.” It got me thinking. With the state of the economy right now, it’s hard to understand how anyone...
Most A/E/P and environmental consulting firm insiders would agree that we, as a group of companies, do not manage very well. I say that because if we did, we would not be an industry made...
Every firm in this industry must do four things to survive— sell work, do work, bill for work, and get paid for work. That’s it. If you ask me, architects, engineers, and environmental consultants (along...
In the past six months, I’ve had the pleasure of working for three firms with very low average collection periods (ACPs). Average collection period is the average number of days it takes a firm to...
We constantly get asked by principals in A/E and environmental consulting firms about what or where the next “hot markets” will be. It seems that these people have read about market life cycles in the...
No small company— particularly an architecture, consulting engineering, or environmental consulting firm— can afford to ignore cash flow. Consider that a firm billing $5 million a year in fees can raise $137,000 in operating capital...
After countless management consulting assignments involving turnarounds and strategic business planning for A/E and environmental consulting firms, it has only recently become clear to me why so many companies in this business don’t believe in...