Architecture Assignment

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ArchitecturalPracticeBusinessDevelopmentPartI.pdf

11/5/20

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ARCHITECTURAL PRACTICE I

Architectural Practice I_AR 451 Daniela Deutsch / Rich Mitchell

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Business Development and Marketing Part I

Architectural Practice I_AR 451 Daniela Deutsch / Rich Mitchell

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

11/5/20

2

Business Development and Marketing Part I

² Overview: ²  Definition of Business Development ²  Strategic Intelligence ²  Client Relationships ²  Developing Opportunities ²  Marketplace Expertise ²  Business Performance ²  Strategic Business/Market Segments

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Individual Benefits ²  Develop your ability to connect dots ²  Understand how to build business ²  Learn what it takes to bring in a client or project ²  Personal satisfaction ²  Increase your value

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Benefits To The Company That Employs You: ²  Increase positive “chatter” about the company ²  Develop a client-centric approach to projects ²  Grow and support entrepreneurial culture ²  Organized and focused business development efforts

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Business Development and Marketing Part I

² Definition of Business Development: ²  Activities that promote our company in the marketplace and positions the firm to

win opportunities ²  Strategic and competitive intelligence ²  Building/maintaining relationships ²  Developing opportunities to create projects ²  Establishing and maintaining marketplace expertise ²  Performing well for current clients

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² First Steps: Invest In Yourself ²  Strategic Intelligence ²  Fluent on what our company offers ²  Awareness of the economic conditions and impacts on marketplace ²  Competitive Intelligence ²  Well-informed on competitors’ activities ²  Know your clients “hot buttons” ²  Alert to business topics and issues: be prepared to share knowledge with clients.

“Think like clients do.”

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Get Involved In The Community ²  Industry-specific organizations ²  CREW, ICSC, NAIOP, ULI, BOMA ²  Business organizations ²  Local Economic Development ²  Neighborhood/Civic organizations

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Business Development and Marketing Part I

² How To Contribute And Build Relationships ²  Industry, business, and neighborhood organization board member and committee

participation ²  NAIOP event committee ²  ICSC local event contributor ²  Charity event participation ²  Networking at events (meeting people)

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Groundwork For New Projects: ²  Identify a need for a potential client that you can fulfill ²  Provide quick test fits for interior space or site study ²  Develop quick conceptual sketches to promote a project ²  Provide site-specific intelligence ²  Develop a hypothetical project for a new client, then present your ideas ²  Test/explore new technology and present it to a potential client

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Create/Maintain Market Expertise ²  Professional organizations ²  AIA, ACEC, AFO, ASLA, APA, SAME ²  Present as speaker ²  Published article or white paper ²  Attend conferences ²  Maintain credentials (licenses, certification, and registrations) ²  Emerging service offerings

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Business Development and Marketing Part I

² Most Effective Way To Build Credibility ²  Provide extraordinary client-focused service ²  Help your client look good! ²  Think ahead of your client ²  Develop a sense of empathy for the client ²  Perform each task at a high level ²  There is no substitute for knowledge-based expertise ²  Prepare for and take the ARE as soon as possible to become a registered architect

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Engage With Company Business Development Strategies ²  Corporate Strategic Plan: Roadmap for improving firm performance in the

marketplace ²  Business Development: Targeted activities identified in Market Segment

Action Plans tied directly to company strategic plan, market conditions, and resources available

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Business Development and Marketing Part I

² Market Segments ² Municipal ² State/Federal ² High Tech/Bio Tech ² Industrial ² Mixed Use ² Retail ² Commercial Office ² Educational ² Medical

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

Business Development and Marketing Part I

² Ethics: ²  Maintain professional decorum and behavior ²  Align strengths against competitor’s weaknesses without bashing ²  Don’t overpromise ²  Keep confidences ²  Participate in appropriate meetings, venues, and events

Architectural Practice I / AR 451 – Daniela Deutsch / Rich Mitchell May 25, 2020 1

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull

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QUESTIONS?

Architectural Practice I_AR 451 Daniela Deutsch / Rich Mitchell

Image Credit: Integrated Design Studio WI 2017 – Daichi Saito / Anthony Mull