BQE CORE + BUSINESS OF ARCHITECTURE PRESENT
Avoiding the Hidden Traps of Ownership Transitions
Why Even The Most “Well-Planned” Architecture Firm Transitions Sometimes Struggle (And How to Make Yours Succeed)
Available on demand
This webinar reveals hidden patterns that can make or break a successful ownership transition - whether that's for a current partner stepping into full ownership, a trusted employee taking the reins, or an experienced professional joining an established firm. The key to successful ownership transitions is avoiding three common and counterintuitive traps:
1) The Suffocation Cycle - being too hard-working as a firm owner;
2) The Financial Fiction - focusing on surface financials while ignoring underlying success factors;
3) The Timeline Illusion - thinking more time will fix issues rather than the right sequence of changes.
This session introduces the SMART Practice Transition Framework to navigate the 6 critical areas of firm transition: financial mastery, leadership dynamics, legacy balance, client relationships, work-life balance, and future leadership development. Real-world case studies and proven tools provide a path to confidently execute a successful transition.
By the end of this session, you will learn how to:
1
Identify the 3 hidden traps that derail most architecture firm transitions and strategies to avoid them
2
List the 6 critical areas that must be addressed for a successful transition and how they interconnect
3
Describe specific frameworks and tools to navigate complex team dynamics, financial challenges, and client relationships during a transition
4
Recognize the importance of balancing legacy preservation and future innovation in a firm transition and how to achieve it
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Did you know that you can receive one LU for this course?
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Enoch Sears, AIA
Founder of The Business of Architecture
LEARN FROM AN EXPERT
Enoch Bartlett Sears, AIA, is the founder of Business of Architecture and a well-regarded architectural practice management expert. He's recognized for developing the SMART Practice Method™ for managing a smooth-running architectural practice.
He’s the author of two books, The Architect's Marketing Field Guide, and Social Media for Architects. He's also host of the #1-rated interview podcast for architects, the Business of Architecture show, where he interviews guests like M. Arthur Gensler, Jr., Thom Mayne and others. Enoch is a frequently invited speaker on the topic of the business of architecture.
ABOUT BQE: A PROUD HOST OF THIS WEBINAR
BQE CORE is the award-winning firm management software, created by architects for architects, that project-based firms trust to run their operations for better project outcomes, and more profitable futures. Their fully integrated suite of intuitive tools with 24/7/365 support provides back-office automation to power front-office insights, making firm management more agile, informed, and data-driven. Learn more at www.bqe.com.