blog > Is Your Firm Ready to Respond to These 3 AE Industry Disruptors?
Proven Methods for Including Regional Expansion in Your Strategic Planning
by Sarah Thornhill
Successfully responding to industry disruptors requires a strategic approach and meticulous planning.
Your Strategic Plan Must Address These Mega-Trends
The AE industry continues to evolve at a rapid pace—presenting both exciting opportunities and unprecedented challenges for your firm to navigate. AE firm leaders must understand the trends transforming the industry and integrate them into their strategic planning. In particular, design and environmental firms must have a plan in place to respond to these three massive industry disruptors:
1. Emerging Technologies Such as AI
Technology is no longer a cost center. It’s a profit center for cutting-edge firms that are embracing and harnessing astonishingly swift advancements in AI, machine learning, data analytics, augmented reality, cloud computing, and generative design. Does your firm have a plan to integrate emerging technologies into your workflows to improve efficiency, foster innovation, and build competitive advantages?
2. Talent Acquisition and Development
People are an AE firm’s most important asset, but robust backlogs, a wave of baby boomer retirements, and a more transient workforce are making it more challenging than ever to attract and retain top-tier talent in a hyper-competitive market. Does your firm have a plan to grow through targeted hirings or acquisitions, offer competitive compensation packages, and provide ongoing training and development opportunities to keep your team engaged and continually improving?
3. Remote Work Dynamics
The COVID pandemic reshaped the way we work. Remote collaboration is the new norm, and that’s not going to change. Does your firm have a plan to foster effective collaboration among remote teams, implement platforms that facilitate seamless communication and project collaboration in hybrid workspaces, and maintain a strong company culture and employee engagement in a virtual setting?
Your AE firm’s future depends on how you respond to these disruptors—and Morrissey Goodale’s strategic planning experts are here to help. With our exclusive focus on the AE and environmental industry, Morrissey Goodale can partner with your firm to plan for—and successfully navigate through—these disruptive forces.
Morrissey Goodale can help you with these industry disruptors.
Morrissey Goodale is the trusted strategic business planning advisor to the industry’s most successful architecture, engineering, and environmental consulting firms. With deep knowledge of the AE industry, Morrissey Goodale’s strategic planning consultants are experts at helping firms successfully craft and execute geographic expansion strategies.
No matter which of the previous three scenarios best describes your AE firm’s situation, Morrissey Goodale can assist your business with each step in the process to ensure success when branching into a new territory. Contact us today to find out how Morrissey Goodale can help your architecture, engineering, or environmental consulting firm with regional expansion or any element of your strategic planning process.
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