The AEC Profitability Summit is an event developed specifically to help architecture and engineering firm leaders increase profits by focusing on implementing business management best practices. 2019 was our third Profitability Summit and this year we returned to...
One of the most frustrating aspects of running a business is getting employees to follow your business processes. Whether it is submitting timesheets late, making mistakes on proposals, failing to respond to clients correctly or failing to get approvals for extra...
“According to a McKinsey report, employees spend 1.8 hours every day—9.3 hours per week, on average—searching and gathering information.” Source: http://utrconf.com/top-3-reasons-why-we-spend-so-much-time-searching-for-information/ One of your employees,...
Is your executive team on the same page about where your firm is heading? One of the most critical factors to successful A&E business results is being able to make the right decisions that will drive the firm’s growth and profitability. When there is a lack of...
You want higher profits and happier employees but getting both may seem impossible. The relationship between firm financial success and employee happiness is not always obvious, but higher profits enable investment in staff and systems that in turn, makes them enjoy...
Scope creep – that vicious blood-sucker that steals your project profits. When the scope of the work done exceeds what is promised in your contract, and you don’t get more money, you pay for it. It comes straight from your profit margins and can leave a project at a...