RIBA Enterprises – an introduction Richard Waterhouse – Chief Executive Positioning and strategy Vision and mission Company vision To maximise sustainable profit growth for the RIBA, by being the recognised experts on information in the construction, architecture and built environment sectors Information end users (specifier) market To be the market leading provider of information management products and services in the UK, providing expert technical information, specification support, and document management tools to all those working in the built environment Advertising (manufacturer) market To be the first choice provider of advertising opportunities for customers seeking to promote to professionals within the construction information users market Retail (bookselling and publishing) market To satisfy all the retail needs of professionals within the UK construction industry and to be the leading publisher and re-seller of books, contracts and forms to the architecture, design and built environment market Recruitment market To be consistently ranked above our competitors as a provider of an ethical and high quality recruitment service to the architecture and related professions Key metrics Key statistics Current turnover: Current profit: Margin: £18.3m (2006) £2.07m (2006) 11.2% £19.6m (2007) £2.61m (2007) 13.3% Staff employed: 250 262 Offices: London (Bonhill Street), Newcastle and Newark Bookshops: London (Portland Place and Chelsea Harbour) Manchester, Birmingham, Liverpool, Belfast Group and Company structure RIBA structure RIBA Council RIBA Holdings Board RIBA Trust RIBA Professional Services RIBA Enterprises Charity Not for profit Trading Company RIBA Library Awards (Stirling) Public promotion Lecture series Membership Practice Education RIBA Regions Info. End users Advertisers Retail Recruitment RIBA structure RIBA Council RIBA Holdings Board RIBA Trust RIBA Professional Services RIBA Enterprises Charity Not for profit Trading Company RIBA Library Awards (Stirling) Public promotion Lecture series Membership Practice Education RIBA Regions Info. End users Advertisers Retail Recruitment RIBA Enterprises structure RIBA Enterprises Board Executive Management Team Specifier / Manufacturer Markets NBS Specification NBS Information IHS / NBS JV Specifier / Manufacturer market Retail Market RIBA Advertising RIBA Bookshops Recruitment Market RIBA Publishing Bookselling / Publishing market RIBA Appointments Recruitment Market RIBA Enterprises structure RIBA Enterprises Board Executive Management Team Specifier / Manufacturer Management Team NBS Specification NBS Information IHS / NBS JV Specifier / Manufacturer market Retail Management Team RIBA Advertising RIBA Bookshops RIBA Publishing Bookselling / Publishing market Recruitment Market RIBA Appointments Recruitment Market RIBA Enterprises structure Specifier / Manufacturer Market NBS Specification NBS Information IHS / NBS JV NBS Learning Services RIBA Advertising NBS Building NBS Contract Admin CIS UK NBS Training RIBA Product Selector NBS Eng. Services NBS Building Regs CIS Ireland NBS Seminars RIBA CPD NBS Landscape NBS OLI CIS Middle East NBS Learning Channels NBS Plus NBS Scheduler NBS Perspective CIS Hong Kong NBS South Africa CIS for NBS Building RIBA Mail Markets, customers and competition Markets, customers and competition Industry forecasts: - Markets are looking unsteady - Housing is in crisis - Commercial and health also in decline - Industrial, leisure and education sectors still growing - Industry confidence at its lowest position since 1992 - Buoyed by the Olympics in 2012 and through international working Markets, customers and competition Markets, customers and competition Markets, customers and competition Markets, customers and competition Markets, customers and competition Markets, customers and competition The Market: Contractors Early 2008 - 112 Contractors prosecuted for Competition infringement Changes in procurement as a result? Competition: Barbour Barbour have exited the specification market They have withdrawn their information (standards and regulatory) delivery tool Focussing on product information and health and safety Markets, customers and competition Understanding customers: Customer strategy Development of our customer management strategy - customer profiling - customer segmentation - targeted management based on current and future value CRM investment - investigation of the ‘gold standard’ and business requirements - plan for investment – one system or many? - delivery programme Markets, customers and competition MN / NBS sales leads Bookshop sales Increase in Database helps sales RIBA Mail sales PS Distribution Information bulletin emailed to customers Finance system Technical Information Single Customer Database Product Information Document Book Info Jobs Adverts Content links to websites NBS Website Product Selector RIBA Books Website Appointments Website Internet Websites provide interaction and registration for other emails Customer Markets, customers and competition Information End Users Current CRMs Advertisers Retail customers Recruitment Central Markets, customers and competition Information End Users New CRM ? Advertisers Retail customers Recruitment Central Markets, customers and competition Data layer Information End Users New CRM Advertisers Retail customers Recruitment Central New products and services Products and services – NBS Perspective Launch of NBS Perspective - developed with ARUP - launched in April - information management tool for the whole industry - supports multiple (200+) file viewing and red-lining - provides simple document exchange - introduces ‘web-courier’ for information exchange Provides the ‘stickiness’ needed to encourage our customers to use NBS every day Could be developed for hosting and archiving Products and services – NBS Perspective Office cost control 3rd party CAD systems Project Admin Project data QA management Project Extranets Search engine RIBA Books Website Project Design And Documentation Specification Preliminaries Briefing / Employer’s Requirements / outline spec NBS Building/ Services/ Landscape etc NBS Scheduler / Ref spec/ Contract cost planner and controller NBS Website Guidance Design Guidance/ Shortcuts Building Regs Guidance Office Library Index Product Selector Regulatory and Standards info IHS j.v (CIS and Key4) Product info Internet Products and services Development of Learning Services Requirement for CPD – continuing professional development Need to co-ordinate learning activity – books, training, CPD and seminars Acquisition of ‘Learning information’ under our Learning Services concept - recently acquired a TV production company - includes approx 400 technical videos, delivered on CD, DVD and online Channels for: - Architects, Surveyors, Engineers and Planners http://www.thenbs.com/products/nbsChannels/index.asp Products and services NBS Building launched in South Africa - developed with Davis Langdon and Klassidex - launched in April 2008 New contractual formats launched -RIBA Agreements - client engagement of an architect - Updated to latest legal position - CIC Consultants Contract - multi-disciplinary contract engagement forms - defines roles of the parties at each project stage Questions?