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Business Management: The Latest Architecture and News

How Can Architecture Firms Learn to Adopt a Whole-Systems Approach to Business Planning?

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Business planning is similar to creating design iterations and drafting drawings before starting construction, in the sense that it is the blueprint for a firm's future success. Having a strategic plan provides a basis to evaluate what is happening in real-time against what was expected, make adjustments as necessary, and have a guide to help make better business decisions. Without a plan, how can you coordinate all of the elements and timing required to achieve the desired result? How can you navigate an unpredictable business environment?

Let's review how the business plan with a whole-systems approach can guide us to successful results, as developed by Charrette Venture Group (CVG).

Getting the Data You Need to Run a Successful Firm

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When your firm adopts project accounting—the practice of accounting on a project-by-project basis—you’ll get insights that’ll change the way you do business. You’ll understand your projects, employees, clients, and firm on a deeper level, and you’ll be able to make changes that will dramatically increase efficiency and profits.

Before this happens, though, you need to lay the groundwork. With the right tools, logging and making sense of the data you need is convenient and easy. You just have to be consistent.

Why an Accounting Method Will Change the Way You Work

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A discipline like accounting might seem very different from the world of architecture. In architecture, creativity is revered, but in accounting, it usually entails fraud. Still, you can’t work if your firm is failing, and accounting is vital to success. Beyond the upkeep of your business, though, there are other ways that accounting can affect your work in a meaningful way.