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October 2007
Welcome new readers to this second edition of "The
Friedman File." Thanks to all of you who responded
to me with your greetings, feedback, and suggestions
for future article topics. As always, I can be reached
at 508-276-1101 or at rich@friedmanpartners
.com.
I look forward to hearing from you,
Rich Friedman, President
Friedman & Partners
www.friedmanpartners.com
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The Business Development Process: a Proxy for Project Delivery
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Right or wrong, many clients perceive architecture,
engineering, and environmental consulting firms as
equally technically competent. Although you may
disagree with this perception, it can drive a
prospective client's reality when deciding
which firm to work with. Given this challenge, how
can a firm differentiate itself from its competitors
(beyond the promises of a facility/solution/end
product that will meet the client's needs)?
A firm's project delivery process — what it's
like to work with your firm — can be a huge
differentiator. The project delivery process
encompasses a number of vital skills and attributes:
- Responsiveness
- Attention to detail
- How well your firm keeps its word
- The quality of your firm's deliverable
- The ability to demonstrate that your firm has the
client's overall best interests at heart (versus
completing the defined scope on time and within the
budget — there's a big difference!)
But short of a prospective client hiring your firm, how
can you convey what it would be like to work with
your firm? The answer: the business development
process. I've always believed that the
business development process is a proxy for project
delivery. How you respond to and treat your
clients and prospects during the business
development process speaks volumes for what it
would be like to work together on a project.
Your firm's business development process may be
the most important differentiator between your firm
and its competitors. It can mean the difference
between winning and losing a project. Building
relationships and developing business is a very
individualistic process (there is no one-size-fits-all
recipe that works for everyone). Nevertheless, there
are specific strategies (some are attitudinal, while
others are skill-based) that your staff can employ, no
matter what role they play in the business
development process:
- View the business development process as an
opportunity to build a mutually-beneficial relationship
based on trust, rather than a means to win a project
and keep people busy.
- Respond to all inquiries within 24–48
hours. (And if you're unavailable, make sure a
designate in your firm is.)
- Thoroughly research prospective clients before
you meet with them. Useful resources include your
colleagues, trade publications, D&B reports, and their
web sites (particularly the news and media release
sections, if they exist).
- If you don't know the answer to a question, say so
and promise that you or a colleague will re-contact
them shortly — and then follow through.
(Admitting that you don't know the answer to
something can be extremely difficult for a design
professional.)
- Demonstrate a genuine curiosity for what makes
your clients tick, what needs they have, and how your
firm can make them more successful.
- Ask provocative, inquiring, open-ended questions
to learn more about your client's universe. Then (and
only then) provide specific information about your
firm and the benefits it provides in the context of their
needs.
- Listen to a client's questions and responses with
"a clean slate" — suspend preconceived
notions and solutions.
- Provide complimentary advice, resources, and/or
industry best practices during the business
development process. Doing so will demonstrate that
you have your client's best interest at heart (vs. trying
to land a job). The flip side of this is demonstrating
the business acumen to recognize when you've
passed the point of a bit of free advice and have
begun tackling the client's scope.
- Stick to your word! If you tell someone you'll call
them or e-mail an article on a particular day, then do
so — this is the most basic litmus test for
whether you'll be trustworthy during a project.
- Don't go it alone! Exposing potential project team
members during the business development process
has the dual benefits of demonstrating a
collaborative approach and mentoring younger
professionals in the art of relationship-building. (Just
make sure that there's no confusion about the
primary point of contact.)
In a world where too many design firms look and
sound the same, the business development process
provides the ideal opportunity to build the vital
connections and relationships that can give your firm
the winning edge.
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SMPS Maine
10 Keys to Institutionalizing a Business
Development Culture
November 13, 2007
Rich will be presenting this workshop at SMPS
Maine's November program in Portland. For more
information, please visit www.smpsmaine.org.
Attention AIA members
Building and Living a Business Development
Culture into the Future
December 4, 2007
Rich will be presenting this workshop at AIA's
upcoming conference "The Future of Professional
Practice" in Washington, D.C. December 2–4.
Rich's workshop is on December 4 from 1:30–
4:30 p.m. For more information, please contact
Allison Fax at 202-626-7358.
2008 A/E Advisors Annual CEO Forums
A/E Advisors will be hosting two CEO Forums in 2008
— one exclusively for CEOs of firms with more
than 150 employees (March 5–7) and one for
CEOs of firms with 50–150 employees (March
2–4). Please mark your calendar and visit
www.ae-advisors.com for
more information and to register. Feel free to call or
e-mail me for more
information.
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