Architect's Essentials to starting a Design Firm Flashcards

1
Q

Three major categories of design firm technologies:

A
  1. Strong-idea firms
  2. Strong-service firms
  3. Strong-delivery firms
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

This firm is organized to deliver singular expertise or innovation on unique projects.

A

Strong-idea firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

This firm is organized to deliver experience and reliability, especially on complex assignments.

A

Strong-service firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

This firm is organized to provide highly efficient service on similar or more routine assignments.

A

Strong-delivery firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

This type of professional, who see their calling as a way of life, typically have as their major goal the opportunity to serve others and produce examples of their discipline. Bottom line is qualitative.

A

Practice-centered professional

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

This type of professional, who practice their calling as a means if livelihood, more likely have as their personal objective a quantitative bottom line that is more focused on the tangible rewards of their efforts.

A

Business-centered professionals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Model Types: first half

A
  1. Major client as “booster rocket”
  2. House for mother
  3. Academic incubator
  4. Better mousetrap
  5. Supersalesperson
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Model Types: second half

A
  1. Sponsor
  2. Golden handshake
  3. Spin-off
  4. Rebuild of an existing firm (the phoenix)
  5. Starting small in a good market
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Explain Major client as “booster rocket”

A

start up firm supported by a single client willing to gamble on a young firm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Explain House for mother

A

project for a family member or project completed using family money

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Explain Academic incubator

A

design firm principals who have relied on their teaching positions to lay foundations of their practice

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Explain Better mousetrap

A

unmet needs and set out to fill it

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Explain Supersalesperson

A

exceptional sales skills and client relationships

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Explain Sponsor

A

has other established professionals act as their booster rockets.
lent their names and skills to young firms

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Explain Golden handshake

A

former employer provides the new firm’s initial work

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Explain Spin-off

A

firms that break away from established ones where the new-firm members have built their reputations, skills, and potential client base

17
Q

Explain Rebuild of an existing firm (the phoenix)

A

takeover. new young leadership takes over a declining or moribund existing organization and revives and reshapes into a new one

18
Q

Explain Starting small in a good market

A

doing small projects and building on that base

19
Q

Elements of a Business Development Program (first half)

A
  1. Markets
  2. Capability
  3. Message
  4. Process and Methods
  5. Marketing Organization
20
Q

Elements of a Business Development Program (second half)

A
  1. Image
  2. Public Relation
  3. Marketing Plan
  4. Marketing
  5. Sales
21
Q

Where you will seek work - client base that needs what you have to offer

A

Markets

22
Q

What you offer to the marketplace - the firm’s qualifications to serve a market.

A

Capability

23
Q

What you tell prospective clients - your “distinctive competence” or “distinguishing benefit”

A

Message

24
Q

How you will pursue the work

A

Process and methods

25
Q

Roles and budget

A

Marketing organization

26
Q

How you are perceived in the marketplace

A

Image

27
Q

Information that describes and enhances your image

A

Public relations and promotion

28
Q

Documents targets, desired and projected yields, responsibilities and costs.

A

Marketing Plan

29
Q

Process of seeking prospective clients

A

Marketing

30
Q

Efforts focused on specific prospective clients

A

Sales