a/e business development: velcroed relationships

43
Velcroed Relationships: How to Position Your Firm for Future Work Presented By William R. Long, PE, LEED AP , CPSM

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Page 1: A/E Business Development: Velcroed Relationships

Velcroed Relationships: How to

Position Your Firm for Future Work

Presented By William R. Long, PE, LEEDAP, CPSM

Page 2: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 3: A/E Business Development: Velcroed Relationships

Velcroed

RelationshipsImpact of

Networking

Introduction Case Study Tomorrow‟s

To-do List

Page 4: A/E Business Development: Velcroed Relationships

Introduction

William R. Long, PE, LEEDAP, CPSM

President

TRINIUM Resources Group

Page 5: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 6: A/E Business Development: Velcroed Relationships

Name

Recognition

Establish

Credability

Establish

Trust

Buying

Advertising

Public Relations

Relationship Building

Velcroed Relationships

Buying Process

Eff

ecti

ven

ess

Page 7: A/E Business Development: Velcroed Relationships

Velcroed Relationships

• Who builds these relationships for the company?

– Owners/Principals/Partners

– Marketing/Business Development Personnel

– Project Executives

– Project Managers

– Project Architects/Project Engineers

– Estimators

– Every employee

Page 8: A/E Business Development: Velcroed Relationships

Velcroed Relationships

• Velcroed Relationships is based on the fact that a client

usually has more than one decision-maker for projects

• Each decision-maker has his/her own:

• Concerns/Issues/“Hot Buttons”

• Likes/Dislikes

• Constituents

• Past Experiences

• Personalities

Page 9: A/E Business Development: Velcroed Relationships

Velcroed Relationships

• Zippered Relationships:

– Suggests one-on-one relationships

• Velcroed Relationships:

– Multiple employees need to have multiple relationships

Page 10: A/E Business Development: Velcroed Relationships

Velcroed Relationships

• Multiple client/company interactions that:

– Are linked by:

• Skill set

• Knowledge

• Experiences

• Interests

• Style

– „Stick‟, i.e. difficult to pull apart

– Built for the long-term

Page 11: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 12: A/E Business Development: Velcroed Relationships

E

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Year 1 Year 3 Year 4Year 2EmployeeRegional

Manager

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Executive

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Case Study

Page 13: A/E Business Development: Velcroed Relationships

Director of Construction - D

Business Development

Associate

Vice President - A

Vice President - B

Vice President - C

President - E

Client Company

Regional Manager

Project Executive

President

Superintendent

Project Manager - F

Project Manager - G

Project Manager

Case Study

Page 14: A/E Business Development: Velcroed Relationships

Case Study Facts

• Multiple client contacts

• Multiple company contacts

• Business Development process took over three years

before ultimate buying decision was made

• …In following three years, over $100-million worth of

work awarded from this client

Case Study

Page 15: A/E Business Development: Velcroed Relationships

Case Study

E

D

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Decem

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ject

#4

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uary

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Year 1 Year 3 Year 4Year 2EmployeeRegional

Manager

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Associate

Project

Executive

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uary

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ruary

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Page 16: A/E Business Development: Velcroed Relationships

Case Study

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ject

#4

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Principal

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uary

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roje

ct

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Year 1 Year 3 Year 4Year 2EmployeeProject Manager

Mechanical

Engineer

Electrical

Engineer

Jan

uary

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roje

ct

#1

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ruary

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ard

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#4

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ject

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Page 17: A/E Business Development: Velcroed Relationships

Case Study

E

D

B

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Decem

ber

-R

FP

Pro

ject

#4

B

B

E

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Partner

B

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uary

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P P

roje

ct

#3

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Year 1 Year 3 Year 4Year 2EmployeeAssociate

Project Architect

Project Manager

Jan

uary

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roje

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#1

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ruary

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ard

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ject

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vem

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Page 18: A/E Business Development: Velcroed Relationships

Case Study

E

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Decem

ber

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ject

#4

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B

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E

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Project

Executive

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uary

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roje

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#3

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Year 1 Year 3 Year 4Year 2EmployeeBusiness

Developer

Estimator

Project Manager

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uary

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Page 19: A/E Business Development: Velcroed Relationships

Director of Construction - D

Business Development

Associate

Vice President - A

Vice President - B

Vice President - C

President - E

Client Company

Regional Manager

Project Executive

President

Superintendent

Project Manager - F

Project Manager - G

Project Manager

Case Study

Page 20: A/E Business Development: Velcroed Relationships

Director of Construction - D

Mechanical Engineer

Vice President - A

Vice President - B

Vice President - C

President - E

Client Company

Project Manager

Electrical Engineer

Principal

Mechanical Engineer

Project Manager - F

Project Manager - G

Project Manager

Case Study

Page 21: A/E Business Development: Velcroed Relationships

Director of Construction - D

Project Architect

Vice President - A

Vice President - B

Vice President - C

President - E

Client Company

Associate

Project Manager

Partner

Project Architect

Project Manager - F

Project Manager - G

Project Manager

Case Study

Page 22: A/E Business Development: Velcroed Relationships

Director of Construction - D

Estimator

Vice President - A

Vice President - B

Vice President - C

President - E

Client Company

Business Developer

Project Manager

Project Executive

Project Manager

Project Manager - F

Project Manager - G

Estimator

Case Study

Page 23: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 24: A/E Business Development: Velcroed Relationships

Networking

• Professional Networks

– Industry Organizations

Page 25: A/E Business Development: Velcroed Relationships

E

D

B

D

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ber

-R

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Pro

ject

#4

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B

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E

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President

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D

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uary

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P P

roje

ct

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A

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Year 1 Year 3 Year 4Year 2EmployeeRegional

Manager

BD

Associate

Project

Executive

Jan

uary

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RF

P P

roje

ct

#1

Feb

ruary

-

Aw

ard

ed

Pro

ject

#4

No

vem

ber

-R

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Pro

ject

#2

Networking

Industry Organization

Industry Organization

Page 26: A/E Business Development: Velcroed Relationships

Networking

• Professional Networks

– Industry Organizations

– Client Organizations

– Consultants/Subcontractors

– Complementary Firms

Page 27: A/E Business Development: Velcroed Relationships

E

D

B

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ber

-R

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Pro

ject

#4

B

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E

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President

B

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Jan

uary

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P P

roje

ct

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A

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Year 1 Year 3 Year 4Year 2EmployeeRegional

Manager

BD

Associate

Project

Executive

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#1

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ruary

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Networking

Complementary Firm

Page 28: A/E Business Development: Velcroed Relationships

Networking

• Professional Networks

– Industry Organizations

– Client Organizations

– Consultants/Subcontractors

– Complementary Firms

– Former Co-workers

Page 29: A/E Business Development: Velcroed Relationships

E

D

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BB

Decem

ber

-R

FP

Pro

ject

#4

B

B

E

E

E

President

B

B

D

D

B

D

D

B

C

Jan

uary

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RF

P P

roje

ct

#3

A

A

A

C

C

C

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BB

C

C

C

BBBB

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Year 1 Year 3 Year 4Year 2EmployeeRegional

Manager

BD

Associate

Project

Executive

Jan

uary

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RF

P P

roje

ct

#1

Feb

ruary

-

Aw

ard

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Pro

ject

#4

No

vem

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-R

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Pro

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#2

Networking

Former Co-worker

Page 30: A/E Business Development: Velcroed Relationships

Networking

• Professional Networks– Industry Organizations

– Client Organizations

– Consultants/Subcontractors

– Complementary Firms

– Former Co-workers

– Chambers of Commerce

– Economic Development Organizations

– Networking Clubs

Page 31: A/E Business Development: Velcroed Relationships

Networking

• Personal Networks

– Hometown

Page 32: A/E Business Development: Velcroed Relationships

Networking

Page 33: A/E Business Development: Velcroed Relationships

Networking

• Personal Networks

– Hometown

– High School

– College

– Neighborhood

– Children

– Religious Community

– Electronic

Page 34: A/E Business Development: Velcroed Relationships

Networking

Page 35: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 36: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #1

Relay Concept of Velcroed

Relationships to Entire Staff

Page 37: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #2

Help Fellow Employees Expand

Their Professional Networks

Page 38: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #3

Expand Your Own Personal Network

Page 39: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #4

Join/Become Active In a Social

Networking Community

Page 40: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #5

Take Someone From a Complementary

Firm to Lunch

Page 41: A/E Business Development: Velcroed Relationships

Tomorrow’s To-do List

Action #6

Track Down a Former Co-Worker

Page 42: A/E Business Development: Velcroed Relationships

Impact of

Networking

Introduction Case Study Tomorrow‟s

To-do ListVelcroed

Relationships

Page 43: A/E Business Development: Velcroed Relationships

William R. Long, PE, LEEDAP, CPSM

TRINIUM Resources Group

[email protected]

610-688-1450

www.triniumresources.com/blog

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