The Ultimate A/E/C Marketing Plan: 7 Steps to Your Most Powerful Strategy Ever! Richard Burns Copyright © 2001 by PSMJ Resources, Inc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying and recording, or by any information storage or retrieval system without the prior written permission of the publisher. Published by: PSMJ Resources, Inc. 10 Midland Avenue Newton, MA 02458 USA Phone: 617-965-0055 Fax: 617-965-5152 E-mail: customerservice@psmj.com Web: www.psmj.com ISBN#: 1-55538-148-0 ii 800-537-PSMJ Contents Making Marketing Work v An introduction to the Marketing Arch and how to use this manual. Chapter 1 Internal Analysis 1-1 Taking stock of your firm to reach consensus on the key sellingpropositions. Chapter 2 External Analysis 2-1 Surveying your clients, understanding your competitors, and evaluating the health of your markets. Chapter 3 Target Market Selection 3-1 Determining the markets that will command your firm’s marketing resources. Chapter 4 Marketing Strategy 4-1 Using the results of the research to formulate goals and objectives, and to position your firm. Chapter 5 Budget, Staffing, and Systems 5-1 Creating the budget, establishing marketing readiness, and staffing for marketing. Chapter 6 Promotions Program 6-1 Creating a promotions program that meets your firm’s goals and objectives. Chapter 7 Sales Program 7-1 Managing the selling process, proposals, and presentations. Glossary G-1 iii 800-537-PSMJ Acknowledgements The Marketing Arch is a concept developed over many years of observing and working with professional firms to demystify marketing, and to develop a process that can effectively work for every practice. Beginning in the 1980’s, I had the wonderful opportunity to collaborate closely with Mary Breuer. Our joint efforts were the genesis of the Marketing Arch. We developed the concept while collaborating on behalf of some of the world’s most progressive professional practices. Marianna Leuschel was also instrumental in helping to expand the Arch methodology. Our long partnership provided the chance to test the Marketing Arch’s many variables and to further refine the process. The Marketing Arch is a concept that has been field-tested. Thanks also goes to the many clients who have participated in the process and have found that it has greatly enhanced their marketing programs. They have appreciated the simplicity of the universal concepts that result in plans that are specifically tailored to their practices. Richard Burns iv 800-537-PSMJ Making Marketing Work THE MARKETING ARCH We are always surprised by the disparity from one professional firm to another, of their understanding of marketing. For some it’s a good brochure, for others it’s hiring a public relations firm and for others golf with the clients. While many recognize the totality of a comprehensive approach, far fewer are organized and disciplined in their marketing programs. This book will put marketing in perspective and logically guide you through the decisions necessary to put a dynamic program in place. This is not a textbook. Think of it rather as an owner’s manual for a prized possession that requires on-going care and attention. It’s a tool for diagnosis and prescription. Like a tune-up for your car or a medical checkup for your body, it’s a seven-step process of diagnostics and actions for improving your firm’s marketing effectiveness. Since marketing is the fuel system that propels your firm, keeping it in shape for top performance is paramount. If you follow the process in this workbook you will improve your marketing success. The difference between this document and the myriad of texts about marketing is that this one makes you work, and it rewards you handsomely for doing the work. It is not an abstract on the immutable laws of marketing, a treatise on sales performance, nor is it a compendium of disassociated tips on how to increase your marketing effectiveness. It is a linear process that relies on personal and management exploration of your company and its behavior to strategize, qualify, and quantify your marketing program. Take a look at your firm. Most of you will see a company that has been in business for a number of years. You’ve figured out how to run a practice. Part of that expertise is how to market and sell work. Those who haven’t been attracting their share of projects aren’t reading this because they’re not in business any more. Perhaps you’re a new practice just starting out. Since you’re not in business if you don’t have work, you’ve probably attracted a few jobs and now you need to institutionalize a process that assures that the work flow will continue. So established or new, you’re marketing now. You have been as long as you have been in business and you will continue to as long as you intend to stay in business. Then why is this workbook important? Because you haven’t been able to define and institutionalize your firm’s competitive edge, you are frustrated with the time, energy, and expense devoted to marketing, you are not pleased with the results, your marketing staff is changing or needs a tool to guide its growth, your strategy calls for a new direction or you’re just looking for a different approach. v 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis The Marketing Arch 4 MARKETING 3 5 STRATEGY BUDGET, TARGET MARKET STAFFING, SELECTION AND 2 SYSTEMS 6 EXTERNAL PROMOTIONS ANALYSIS PROGRAM ATION ENT EM PL IM Marketing is a linear process. A good program is built on solid information and logical decisions. The Marketing Arch is a simple paradigm to organize the process. Address the seven blocks of the Arch, and you’ll have a marketing program that gets your firm the work it deserves. RES EAR CH The Ultimate A/E/C Marketing Plan is the documentation of a process developed over many years of working with professional service firms. We’ve observed that every firm has a different definition and approach to marketing. Although we don’t believe that one size fits all, we do believe that understanding the totality of what a marketing program entails is important and that approaching marketing as a structured and logical process is crucial. 7 SALES PROGRAM 1 INTERNAL ANALYSIS We use a simple paradigm we call the Marketing Arch. The analogy to a building arch is an apt reference to the world of architects, designers, engineers, landscape, and construction professionals. The Marketing Arch organizes the seven interrelated elements of a marketing program. The components of the Marketing Arch form a checklist and timeline for the decisions any firm must make to create an actionable marketing plan and successful marketing program. vi 800-537-PSMJ Book Name Making Marketing Work The Seven Blocks of the Arch The elements of the Marketing Arch are organized into three fundamental stages and seven building blocks. STAGE ONE–Research All of the information you must know in order to make informed decisions about your marketing plan. ■ Internal Analysis–what you need to know about your firm. ■ External Analysis–what you need to know about your clients, your markets, and your competition. ■ Market Selection–defining and prioritizing the targets for your marketing program. Perhaps the element most absent in professional service plan marketing plans is strategy. Lots of firms are good at creating a great deal of marketing commotion, but not that many are putting programs in place that are truly based on clearly articulated strategy. STAGE TWO–Strategy Defining the strategy, goals, objectives, financial performance, positioning, and vision that will determine your program execution. Note that strategy is the keystone to the Arch. It establishes the fundamentals of your plan and provides the crucial link between research and implementation. STAGE THREE–Implementation The actions you will take to achieve your goals and objectives. ■ Budget, Staffing, and Systems–establishing your marketing budget and putting in place the systems and staffing that make you ready to market. ■ Promotions Program–the activities, tools, and materials you will use to reach your audiences. ■ Sales Program–the structure and methodology of your sales activities. vii 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Making Marketing Work The Purpose of this Workbook This workbook will provide you with a wealth of information about every facet of the marketing process. It will allow you to research, plan, and implement your firm’s marketing program. Above all it is calculated to force your firm to understand and formalize two critical aspects of marketing: 1. Defining how your firm is different. You have to know how you’re different. If you can’t make a compelling case for how your firm adds value, you’re a commodity, and you’ve wasted your talent, education, and professional potential. The professional service that your firm provides is one that can be delivered by a myriad of others. If your firm were to disappear tomorrow do you believe for a moment that you could not be replaced? How then is a client to pick one firm from another? Your differentiation platform is fundamental to creating a competitive advantage. The Marketing Arch process will identify your firm’s differences in a way that will allow you to communicate them with conviction so that the market will appreciate the reasons to hire you. 2. Allocating your marketing resources. The Ultimate A/E/C Marketing Plan is also about identifying and allocating resources. Every practice has finite resources (time and money) to devote to marketing. What you will develop through this process is an absolute understanding of your resources and a program for how to most effectively deploy them. It doesn’t matter how big or how profitable a firm is. There is only so much money and so much time that can be devoted to marketing. It’s better to know the numbers up front than to be surprised when you get your financial statement. If you have not focused your resources you are inevitably spending more time and money than you should on marketing, chasing projects that you shouldn’t, wasting resources by not being "ready to market," and missing opportunities because you don’t know what’s happening. All of the exercises in this workbook will ultimately be tested against the question: is this the highest and best use of the firm’s resources to achieve the marketing returns we need? If you are like most professional service firms you periodically get together (typically in a retreat) with your management to take your pulse and develop the dreaded marketing plan. All too often this process becomes the product. The purpose of The Ultimate A/E/C Marketing Plan is to lead you through a series of exercises that will result in a marketing plan strategically structured for your company. viii 800-537-PSMJ Book Name Making Marketing Work How to Use This Workbook It’s going to take some hard work to complete this workbook, but do it right and you’ll profit immeasurably! Answer Questions When you see this symbol it means you need to answer a question or fill in information to complete an exercise. Transfer Information Throughout, you will find numerous cross references, as well as commands to transfer information to other places in the workbook, or to the One-Page Marketing Plan. Information flows from one part of the program to another to build the perfect plan. When you see this symbol, follow the instructions for transferring the information. This workbook is divided into seven chapters. Each chapter represents a building block in the Marketing Arch. Each chapter provides a number of exercises that require information gathering, management evaluation, outreach, and decision making. When completed, the worksheets for each exercise will result in data that will be transferred to the One Page Marketing Plan. This compilation of all the key information and decisions will become your firm’s plan. It will be simple, clear in the actions to be taken, the reasons why, the resources to be allocated, and the people who are responsible and accountable. There are elements of this process that independently will aid in improving your marketing program and that might be used in an a la carte fashion. However, the maximum value will be gained if you move through the entire Marketing Arch process block by block. Begin by reviewing the entire workbook. Assign someone in the firm the responsibility to assimilate a thorough understanding of the process and its component parts. Make margin notes the first time through, indicating the parts of the process that you already have in place, areas where you have already done the work and can answer the questions, and also identify those areas that need attention. Then do the work. You’ll be surprised at the control you will gain over your marketing methodology and the increase in effectiveness of all parts of your firm’s marketing. The Process This process requires an effort that many firms may find challenging the first time through. For firms that know themselves well, completing the exercises should prove relatively easy. It will mostly involve transferring or codifying information you already have on hand (this is information that all firms should know about themselves). It demands that you do considerable self-analysis, as well as fully understand your markets and your competition. However, once you complete the entire process and lay the foundation of required understanding and knowledge, periodic updates become simple. It means that you can refine your plan, particularly the implementation steps, to create next year’s plan, to easily respond to changes in market conditions or prepare for strategic change of direction in your firm. ix 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Making Marketing Work The One-Page Marketing Plan When you’re done you’ll have a set of marching orders. All the things you need to know will be written on the One-Page Marketing Plan. Hang it on the wall in front of everyone charged with marketing and your hope of full participation and accountability will be greatly improved. The bane of most marketing plans is that they are cumbersome and hardly user friendly. They end up being exhaustive tomes that most often sit on shelves gathering dust. The end product of doing the exercises in this workbook will be a marketing plan reduced to a single sheet of paper (albeit a large sheet). The One-Page Marketing Plan is included with the workbook. As you move through the workbook transfer the information as instructed. When it is complete, ratify it and distribute it to everyone who has responsibility for marketing (which at some level should include everyone in the firm). The beauty of a plan on a single sheet of paper is that it can hang on the wall next to every desk. It is a working document and continual reference to make sure marketing is at the front of everyone’s mind at all times. x 800-537-PSMJ Ultimate A/E/C Marketing Plan Survey Actions Any findings from the internal and external surveys that require change in your firm’s behavior must be resolved to ensure that the marketing plan responds to the wants and needs of your markets, as well as those of members of the firm. Make this the first step in your marketing plan. Making Marketing Work SWOT The summary of the SWOT Analysis will be the basis for your firm’s marketing behavior and communications. Position, Culture, and Mission The summaries of your firm’s position, culture, and mission statements are the foundation of the marketing plan. Use them as a reference to drive all decisions that determine how your firm presents itself and tells its story. Our Business Consensus on the firm’s business is crucial to a cohesive strategic marketing plan. Your Ultimate Marketing Plan For the period: month/year ______ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ Strengths Opportunities Weaknesses MARKETING READINESS Transfer your marketing budget from page 5-6. Update the actual amounts spent throughout the period to track the status of the budget. Budget BEHAVIOR List the actions to be taken to strengthen behavior based on the feedback from the external survey. (Refer to recommendations from external survey) List the weaknesses to be mitigated in order to improve our marketing behavior and messages. (page 4-6) List the opportunities that will contribute to our marketing effectiveness. (page 4-7) List the threats that we must be aware of that could subvert our marketing efforts and firm success. (page 4-8) _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ _________________________________ Actual Spent A. Designated Marketing Staff Total __________________________________________ $__________ $_________ B. Non-Marketing Staff Total __________________________________________ $__________ $_________ C. Research Total __________________________________________ $__________ $_________ D. Photography Total __________________________________________ $__________ $_________ E. Promotions Program Total __________________________________________ $__________ $_________ F. Sales Program Total __________________________________________ $__________ $_________ G. Travel and Entertainment Total __________________________________________ $__________ $_________ H. Consultants and Training Total __________________________________________ $__________ $_________ I. Equipment Total __________________________________________ $__________ $_________ MARKETING BUDGET TOTAL __________________________________________ $__________ $_________ Action Items Complete Responsible Budget Action Items Complete Responsible Budget Brand / Identity _____________________________________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ Speeches _____________________________________ _____________________________________ Seminars _____________________________________ _____________________________________ Events/Parties _____________________________________ _____________________________________ Exhibits/Trade Shows _____________________________________ _____________________________________ Client Entertainment _____________________________________ _____________________________________ Client/Prospect Visits _____________________________________ _____________________________________ Website _____________________________________ _____________________________________ Power Point, Video/CDs _____________________________________ _____________________________________ Advertising _____________________________________ _____________________________________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ __________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ $________ _____________________________________ _____________________________________ Newsletters _____________________________________ _____________________________________ Direct Mail _____________________________________ _____________________________________ Publishing _____________________________________ _____________________________________ Press Releases _____________________________________ _____________________________________ Articles _____________________________________ _____________________________________ Awards _____________________________________ _____________________________________ Memberships _____________________________________ _____________________________________ POSITION / CULTURE / MISSION What is our firm in business to do? (Record the consensus answer from page 1-18) What is the culture that is proprietary to our firm and makes us unique? (Record your culture statement from page 4-30) ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ What is our position in the marketplace? (Record your position statement from page 4-26) What is the mission that drives our firm? (Record your mission statement from page 4-30) ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ FINANCIAL PERFORMANCE SALES PROGRAM Growth Goal _______% (page 4-10) Revenue Per Employee $_____________ (page 4-12) Indicate the level of sales activity during the period based on the number of anticipated proposals and presentations and the their success rate. Update the actual numbers monthly to track the status of sales performance. (information from pages 7-22 and 7-30) Indicate the sources of revenue that will determine from where the firm’s work must come. (page 4-1) Each pie must equal the net revenue goal. Contract size Repeat/New clients Geography • Mailing List PROMOTIONS PROGRAM The analysis and evaluations throughout the Ultimate A/E/C Marketing Plan workbook should have crystallized your firm’s purpose, culture, and mission. These aspects of your firm define your competitive advantage and are the platform for your promotions and sales strategies. Services To Do _______________________________________________ _______________________________________________ • Performance Analysis _______________________________________________ • Go/No Go Checklist _______________________________________________ • Custom Materials _______________________________________________ • Pre-Printed Materials _______________________________________________ _______________________________________________ • Point in Time Materials • Outsource Materials _______________________________________________ • Staffing Additions/Changes _______________________________________________ • Lead Bank List the promotional menu items to be implemented during the period. Identify the date to be completed (some items will be on-going), the person responsible, and the budget. (page 6-69) Brochures _____________________________________ Markets Indicate your firm’s state of readiness for marketing and indicate the elements of readiness that must be implemented during the period. (Chapter 5) Threats List the strengths to be capitalized upon and incorporated into out marketing behavior and messages. (page 4-5) Net Revenue $________________ (page 4-10) Systems The systems that make your firm ready to market must be in place. The list of "to do’s" is a crucial part of the marketing plan, and when in place will ensure that your firm is ready to market. MARKETING BUDGET For the pe otto month/year ______ The exercises in the Ultimate A/E/C Marketing Plan workbook provide the information to complete this One-Page Marketing Plan. The plan lists goals and objectives, actions to be taken and materials to be created and the budget to accomplish it all. It is a dynamic and fluid tool that provides places to track performance. Note the place to acknowledge personal responsibility for marketing. Use the One-Page Marketing Plan to guide your program, to inspire your people and to create accountability. List the actions to be taken to strengthen behavior based on the feedback from the internal analysis. Include issues that need consensus. (page 1-15) Budget The marketing budget allocates resources to all activities and expenditures. It regulates how time and money are prioritized, and how they will be spent. Profit Center Clients Month 1/_______ 2/_______ 3/______ 4/_______ 5/_______ 6/_______ 7/_______ 8/_______ 9/_______ 10/_______ 11/_______ 12/_______ Number of proposals Target Actual ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ Number of Presentations Target Actual ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ Number of Wins Target Actual ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ Value of Wins Target Actual $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ Target Actual Over / Under $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ $_______ Other GOALS AND OBJECTIVES List the firm’s marketing goals, their objectives and the tactics that will be used to accomplish them. Objectives will be specific to each goal, but the tactics can apply to multiple goals and objectives. (pages 4-19, 4-22, 4-23) Goals Objectives Tactics ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ ____________________________________ Cumulative total (add current month to prior total) PERSONAL MARKETING PLAN My personal marketing responsibilities to reach the firm’s goals and objectives include: Research/Strategy Promotions Sales _________________________________ _________________________________ ____________________________________________ _________________________________ ____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ ____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ ____________________________________________ _____________________________________________ ____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ ____________________________________________ _____________________________________________ My signature acknowledges that I understand and am committed to achieving my marketing responsibilities. ________________________________________________________________________________________ __________________________________________________ Signature Date Copyright © 2001 by PSMJ Resources, Inc. Financial Performance The financial performance summaries are quantified goals that the firm seeks to achieve through its marketing plan and program. Everyone must commit to these as real targets. Goals, Objectives, and Tactics Your goals and objectives for marketing form the measure of success and govern every other decision in the plan. Tactics are activities that must be executed during the course of the plan period. Promotions Program Your firm’s outreach is managed through the promotions program. Create accountability by being thorough in the designation of action items, persons responsible, completion dates, and budgets. Sales Program The sales program will consume the majority of your marketing budget. Project the level of activity for proposals and presentations, and track the progress through the course of the plan period. 800-537-PSMJ Personal Commitment The One-Page Plan has a place to identify individual roles and responsibilities. Have each person involved in marketing list his or her assignments and ratify their commitment by signing the plan. Look for your One-Page Marketing Plan in the front pocket of the binder. xi 800-537-PSMJ Making Marketing Work What is Marketing? A widely accepted definition of marketing reads, "Marketing is the overhead activity necessary to identify markets, to strategize a response, organize people, budget, and marshal the resources to sell." There are many terms used to describe the continuum of activities involved in getting work. Terms will vary from industry to industry and scholar to scholar. The following five terms are fundamental to understanding, structuring, and implementing the Marketing Arch process for professional service firms. Business Development The confusion over marketing is evident in the inconsistency of the vocabulary. Research, strategy, promotions, and sales are the terms we use to describe the elements of marketing. The most important thing is to recognize the relationship between promotions and sales. Business Development is a term we hear a lot. It is typically used interchangeably with marketing, and most often in reference to a job description. "He’s our business development person," means he’s responsible for getting the work regardless of what it takes. We prefer the terms that relate to the process and for that reason have omitted business development from our list. Marketing–entails all of the efforts and resources that go into getting work. Research–is learning all there is to know about the clients, markets, competition, and your own firm. Marketing Strategy–is aligning the firm’s business plan with a mar- keting program for achieving its goals and objectives. Promotions–includes all of the activities, actions, materials, and media up to the point of having a real project that you choose to pursue (a real client, with a real scope). Sales–encompasses all of the activities, actions, and materials required to convert a lead (a real client, with a real scope) into a contracted job. Particularly important is the distinction between promotions and sales. With the exception of very large firms that have dedicated staff devoted to the entire marketing spectrum, promotions are typically organized and orchestrated by a marketing or communications department, and sales are the responsibility of the firm’s professionals. xii 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Marketing as an Investment or an Expense Chapter 2 describes how to determine what your clients think about your firm and your services. In it you’ll be directed to ask them if they consider your services an investment or an expense. This is a concept fundamental to your success. Investments imply return and measurement of risk against reward. An investment represents value and adding to that value. As you read this, gauge your immediate reaction to the question, is marketing in your firm an investment or an expense? If you answer expense, you are not placing the requisite value on marketing. You are probably not appropriately valuing the people who do your marketing. You will inevitably be trying to shortcut marketing expenditures because that’s what you’re trained to do with expenses. When the economy gets rough one of the first budget items slashed is marketing. That tells us that marketing isn’t thought to have much value. But if you cut the marketing program, where is your work going to come from? It’s like a farmer saying, "I’ll save some money this year by not buying seeds." If you answered, "Marketing is an investment," you are most likely highly focused on the potential for marketing. You understand risk and reward and the potential return on expenditures for marketing. You use marketing to support and implement firm strategy. You also know the importance of due diligence and allocation of resources. The decisions you make about where to invest your marketing resources are always done with care and strategy. xiii 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Marketing and Transition When considering the viability of marketing as a longer-term investment think about your ownership and leadership transition strategy. Most professional practices struggle with how to best structure and implement their transition programs. Particularly in smaller firms where the sale of the company is to insiders who lack the financial resources for a wholesale buy out. These transitions rely on payment over time. An owner selling to the next generation is relying on the future success of the company to assure receiving these payments. The seller(s) will be a whole lot more secure if the firm is a well-oiled marketing machine. Effective marketing will compensate for a lot of other shortcomings and generally guarantee the perpetuation of any practice. Everyone in a firm has the potential to identify project and client opportunities. But if they don’t know it’s expected, there is no reason for them to do so. Let them know that there is virtue (and reward) in assuming responsibility for helping to get the firm new work. When they succeed, make sure they are recognized. Broader Participation, Responsibility, and Accountability The firm’s ongoing success means expanding the marketing skills of a broader team within the firm. To that end, this document becomes a useful training tool for those who are not familiar with the marketing process. It will allow your firm to establish a structure for all your marketing activities and will enable you to institutionalize a common approach and the systems to support your program. xiv 800-537-PSMJ Making Marketing Work Getting Started Gather Your Information The process is linear and each new piece of input or information builds on that which comes before it. While the structure is simple, the process does call for quite a bit of information. Some of the information must be developed through original research but much will come from the materials you have on hand. Assemble budgets, strategic plans, prior marketing plans, marketing literature, and other resources that you use in the management of your company that will provide information on which to base decisions about the firm’s strategy and plans. You’ve invested in this book. Now make it pay for itself. Do the work. Gather the information, plan your strategy, and come up with the optimum promotions and sales plans that will make your firm stand out in your profession. Planning Period Choose a period. The planning that you are doing in this workbook is based on a fixed period of time. For nearly every firm the period will be the fiscal year. You might however, choose a different increment of time–a calendar year that might be different from your fiscal year or a particular target time in which you plan to achieve specific goals. For example, entry into a new market over a period of two years might dictate that two years is the logical period for planning purposes. As you move through the exercises you will be asked to indicate data from the prior period. In these cases, the period should be comparable in time to that of the future period. Glossary The workbook contains a glossary of commonly used terms in marketing and in this workbook. It may be useful to review the glossary prior to beginning the exercises. Doing so will be a useful overview of the kind of information you will be dealing with in completing your plan and will provide a common language for all involved in the marketing process. xv 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN xvi 800-537-PSMJ 1. Internal Analysis 4 MARKETING 3 5 STRATEGY BUDGET, TARGET MARKET STAFFING, SELECTION AND 2 SYSTEMS 6 EXTERNAL PROMOTIONS ANALYSIS PROGRAM 1 INTERNAL ANALYSIS 7 SALES PROGRAM Chapter Contents ■ Taking Your Pulse: The Internal Questionnaire ■ Processing the Responses ■ Internal Questionnaire Worksheet ■ Internal Questionnaire (Blank) In this chapter you will: ■ Survey your key people to understand their values and their attitudes about the firm ■ Reach consensus on the firm’s key selling propositions As long as your firm has been in business you’ve been conducting a continuing process of internal analysis. Who are we? What business are we in? What are our values? What do our people want to accomplish? What is our distinct position in the market and how are we unique? There is an endless stream of questions that you are addressing formally or informally on a daily basis. The internal analysis block asks you to answer a number of questions that will lead to consensus among your key people about a variety of issues relative to the management of the company and establish many of the premises for your marketing program. The answers will form the basis for completion of your firm’s SWOT analysis (Strengths, Weaknesses, Opportunity, and Threats) (Chapter 4). The first block of the Marketing Arch requires you to answer a questionnaire that elicits a wealth of information from your key people. The results will codify three aspects of your firm. Your Core Values–the overriding firm values and personal values that influence the direction of your practice. Your Capabilities–the expertise, qualifications, and intellectual capital that the firm owns and that define the businesses, organizations, industries, markets, project types, and clients that should form your audience. Your Portfolio–the experience, participation in projects, and client history that determine what you do best and where you can be most profitable. 1-1 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis Taking Your Pulse: The Internal Questionnaire To gain the understanding and consensus necessary to assure buy-in by your entire firm to the final marketing plan, each of your key people should complete the following questionnaire in writing. Key people are defined as all essential management decision makers, as well as anyone who will ultimately participate and have responsibility in marketing the firm. The answers to every question contain valuable insight and guidance to construct a strategic marketing program. Along with each question is an explanation of how to interpret the answers and the things to look at when evaluating the responses. You can find the actual Internal Questionnaire on page 1-18. Probably the most important thing you’ll learn from completing this questionnaire is how many different points of view there are in your firm. Each person responding should complete the questions individually. This is not a group exercise. Compiling the responses and reaching consensus comes after everyone has had the chance to answer the questions. 1. What does the firm do? (Respond as if you are explaining to a layperson the activities of the company). Interpretation The intent of this question is to make sure that you can simply and concisely explain the business you are in. You should be able to describe in as few words as possible, in no uncertain terms, what your firm does so that your audience understands exactly your firm’s business. Your audience should be able to know immediately if they have a need for your services. If your answers are so convoluted that you leave your audience with uncertainty or questions about your business, you are inviting disinterest and rejection. The other objective of this question is to make sure that everyone in your firm is telling the same story. When compiling the results of this question write down all the answers for comparison. Then work to refine a response that is institutionalized at every level of the firm. 1-2 800-537-PSMJ Book Name Internal Analysis 2. What are the services offered? Interpretation Your goal is to make sure that everyone acknowledges the same list. Write down every single service identified. Look for cases where the same service is being described by different terms. Synthesize the list into a definitive directory of the services that you provide. The final list facilitates cross-selling of services and helps to avoid the formation of a "boutique" of proprietary operations within the firm. 3. What are the firm’s greatest strengths as a client would see them? (List at least five) If you’re stumped by these questions think about how your audience will fare trying to answer them. They won’t take the time to study them. They’ll judge you on whatever information they have and more than likely they will form inaccurate impressions of your firm. Interpretation This is a key question. The answer will form the foundation for your differentiation platform. By answering in terms of the client’s perspective you must identify where you believe your contributions have the greatest value. Get your team to agree on the most significant strengths. You should be worried if you can’t easily identify at least five strengths. 4. What about your strengths makes you different from others in providing your services? Interpretation The responses to this question and question 5 require you to further evaluate your strengths and add to your differentiation platform. These responses will be extremely useful when you develop your promotions program. Get your team to agree on what makes you different and what makes you better. The more substance that these answers have, the greater will be your competitive advantage. 5. What makes you better than others at providing these services? Interpretation Like the answers to question 4, this asks your people to specifically describe the distinctions between your firm and others who are providing similar services. It is intended to quantify and qualify your competitive advantages in ways that can be easily communicated. 1-3 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 6. Who are your marketing audiences–ranked in order of importance? Interpretation Your clients and target markets should take top billing here, but be sure to identify other key constituencies who can impact your sourcing of work. When you construct the outreach (promotions program) to communicate with your audiences, it is important that you know whom they all are in order to prioritize and craft the appropriate messages. 7. Who are your competitors? Interpretation List competitors by name. In Chapter 2 you will be asked to prepare a competitor analysis. The answers to this question are the list you will evaluate in the competitive analysis. A very revealing exercise is to hypothesize what your clients think about you. It raises the question of how well they know you, and how well you know them. If you conduct the survey recommended in Chapter 2 you’ll find out just how honest they have been with you. 8. If you were to conduct a client perception survey, what do you believe your clients would say about you? Interpretation This question, while similar to question 3, asks you to predict what your clients would say about you if asked. In Chapter 2 we recommend that you make the effort to survey your clients. The responses to this question will be used to benchmark your perceptions against their responses. (Even if you choose not to conduct a comprehensive client survey, there are simple ways to test the premises that your team identifies here). 9. What are the reasons a potential client would select one of your competitors over your firm? Interpretation This answer relies on actual experience as well as supposition. If you have conducted debriefing interviews on projects that you have lost to competitors (page 5-22) list the reasons. You’ll be able to test the significance of the reasons for losing projects and evaluate how it must affect your future marketing behavior and promotions program. 1-4 800-537-PSMJ Book Name Internal Analysis 10. List five adjectives that best express the character and personality of the company? Can you explain your firm’s personality and character in a word or two? Confident, mature, feisty, smart, big, bold, friendly, corporate? Choose the words that best describe the firm. Interpretation A list of adjectives that characterize the firm will disclose how consistent your people are in their sense of values and culture. They will provide a basis for your promotions and communications programs. You will learn if there is agreement in the understanding of the company’s personality. List all the responses and then have your management team ratify the terms that best describe the firm. 11. What attributes of the firm’s practice have been most influential in selling the company’s capabilities? Rank in order of their priority (1 being most important) each of the following factors in their effectiveness in telling the firm’s story, establishing your competitive advantage and marketing the firm’s services. __ Areas of specialization __ Awards __ Diversity/comprehensiveness of services __ Experience __ History __ Marketing materials and systems __ Office locations __ Personal relationships __ Principal involvement in projects __ Qualifications of the partners/principals/associates/ staff __ Qualifications and behavior of staff __ Referrals from past clients __ Results of past projects __ Size of the firm __ Stature of past projects __ Other ____________________ __ Other _____________________ Interpretation This question asks you to rank in order, the attributes of the firm that current and prospective clients find the most compelling reasons to hire you. Compiling a ranked list that everyone agrees upon will allow the firm to compare its beliefs to what clients are actually saying is most important. Along with the responses to other questions in this questionnaire you will understand the elements that represent your greatest attraction to prospective clients and will be able to use this information in prioritizing your messages and outreach through your promotions program. 1-5 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 12. What are your growth plans for the company? (two and five years) A. By markets Two years Five years B. By project type Two years Five years C. By services Two years Five years D. By size (measured in number of people) Two years Five years Anticipating what’s coming for your practice will be one of the most difficult questions you’ll answer. Look into your crystal ball and your heart and describe the future of the company. E. By geography (range of practice and offices) Two years Five years F. By ownership/leadership Two years Five years G. By staff profile (types of positions and areas of expertise) Two years Five years H. By any change in reputation or positioning of the firm Two years Five years Interpretation This question asks you to project into the future to identify the evolution of the firm. It is especially useful in determining whether there is unilateral agreement and support for your future plans. There should be. The information will establish the criteria for your goals and objectives and the marketing strategy that you will be asked to codify in Chapter 4. 1-6 800-537-PSMJ Book Name Internal Analysis 13. What is your personal role in achieving these goals? Do each of your people recognize how they fit into realizing the picture they’ve just painted of the firm’s future? Interpretation This question encourages people to identify their specific participation in the management and marketing of the firm. The answers will give a clear picture of each person’s understanding of their responsibility. Since achieving the firm’s goals will in large part be a function of marketing behavior, pay particular attention to who understands the importance of their marketing role and indicates through their answer that they are taking responsibility for the firm’s marketing challenges. 1-7 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 14. Current Position (dichotomy chart) Circle the number on the following chart that best represents the current position of the firm when evaluating the opposite attributes. For example, in the first pair of attributes, if you believe that the firm is seen as experts who have exceptional knowledge and skills in its chosen markets, circle a number close to 10. If you believe that the firm is considered to be generalists, circle a number close to 1. If you believe that the firm maintains a position that combines focused expertise with a generalist posture, circle a number toward the middle. Dichotomy means "a difference of opinion." The dichotomy chart tests whether your firm’s members have differing points of view and if so, to what degree. Add additional pairs of attributes on the chart that relate specifically to your practice. The attributes on the chart listed are all relatively positive. It is also useful to include attributes where one side of the comparison is negative, particularly if your firm has been criticized for some area of its performance. For example, you might add expensive vs. affordable, timely vs. slow delivery, accurate vs. sloppy. These few examples of negative attributes are more performancespecific than image- or positioning-based, but they do have an impact on your marketing presentation and are important to consider. The dichotomy chart provides a wealth of information. It can identify specific firm goals and offer definitive criteria for behavior, professional development agendas, characteristics for the firm culture, and future staff profiles. It can indicate positioning requirements for the marketing plan, and guide the elements of the promotions program. Interpretation This question is a significant exercise in the positioning of the firm. The attributes listed represent opposite extremes in how a firm behaves. Have each of your key people mark where they believe the firm is now. In question 15 you will repeat the exercise based on where you believe the firm should be positioned in the future to meet the plans you identified in question 12. 1-8 800-537-PSMJ Book Name 1. All things to all projects Internal Analysis 1 2 3 x 4 x 5 x 6 x 7 8 x 9 10 Specialists √ √ √ 5 x 6 7 8 √ √ 9 10 Large, structured and comprehensively staffed √ √ x 2. 3. 4. 5. 6. 7. 8. Personal and personality driven 1 2 x Intuitively creative 1 x √ 2 Informal 1 Local focus, control, and involvement Small enough to be personally involved Client Responsive Trend setting innovative solutions 1 x 1 x 1 x 1 3 x x 4 x x 4 x 5 6 x 7 8 x 9 10 √ 3 x √ √ √ Process and systems oriented 2 3 x 4 5 6 √ 7 √ 8 √ 9 √ 10 Formal √ √ 7 √ √ 8 √ √ √ 9 √ 10 √ Broad geographic reach 7 x √ 8 x √ √ 9 10 Large enough to do the job 10 We are the experts 2 x x 3 x 2 x x 3 x 2 x x 3 x 2 x √ 3 x √ 4 x 5 6 √ √ 5 x √ 6 5 x √ 6 x √ 7 8 9 √ √ √ √ 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions 9 10 Established 9 10 Additional attribute 9 x x x 10 x Additional attribute 4 4 √ √ √ √ Youthful 1 x 2 x 3 x x 4 x 5 x √ 6 7 8 √ √ √ √ √ 10. Additional attribute x x 1 x 2 x 3 x 4 x 5 6 7 8 √ √ √ √ √ √ 11. Additional attribute 1 √ √ 2 √ √ √ 3 √ 4 5 6 7 x 8 x 9. √ √ √ 1-9 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 15. Future Position Using the same criteria as in question 14, circle the number that best represents how you want the firm to be positioned in the future. Add the same additional pairs of attributes that you use in question 14. Interpretation Compile the results of questions 14 and 15 as color marks or symbols on the same form (one color/symbol for current, a different color for future). This will reveal the movement in strategy, positioning, and behavior that take place to accomplish your plan. It will also provide additional guidance in formulating your promotions and sales programs. 1-10 800-537-PSMJ Book Name 1. All things to all projects Internal Analysis 1 2 3 x 4 x 5 x 6 x 7 8 x 9 10 Specialists √ √ √ 5 x 6 7 8 √ √ 9 10 Large, structured and comprehensively staffed √ √ x 2. 3. 4. 5. 6. 7. 8. 9. Personal and personality driven 1 2 x Intuitively creative 1 x √ 2 Informal 1 Local focus, control and involvement Small enough to be personally involved Client Responsive Trend-setting innovative solutions 1 x 1 x 1 x 1 3 x x 4 x x 4 x 5 6 x 7 8 x 9 10 √ 3 x √ √ √ Process and systems oriented 2 3 x 4 5 6 √ 7 √ 8 √ 9 √ 10 Formal √ √ 7 √ √ 8 √ √ √ 9 √ 10 √ Broad geographic reach 7 x √ 8 x √ √ 9 10 Large enough to do the job 10 We are the experts 2 x x 3 x 2 x x 3 x 2 x x 3 x 2 x √ 3 x √ 4 x 5 6 √ √ 5 x √ 6 5 x √ 6 x √ 7 8 9 √ √ √ √ 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions 9 10 Established 9 10 Additional attribute 9 x x x 10 x Additional attribute 4 4 √ √ √ √ Youthful 1 x 2 x 3 x x 4 x 5 x √ 6 7 8 √ √ √ √ √ 1 2 x 3 x 4 x 5 x 6 x √ √ 7 x √ √ 8 2 √ √ √ 3 √ 4 5 6 7 x 8 x 10. Additional attribute 11. Additional attribute 1 √ √ √ √ √ 1-11 √ √ 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis Example: Questions 14 and 15 The following is an example of a generalist architecture firm. The staff is small (under 15 people), young, self-assured, and highly creative. Six key people have completed the dichotomy chart. The results demonstrate a divergence of opinion as to where the firm is currently positioned (x) and show a significant desire for a shift going forward (√). The interpretation of these responses would be as follows: 1. All things to all projects 1 2 3 x 4 x x 5 x 6 x 7 √ 8 x √ 9 10 √ √ √ √ Specialists The firm indicates that it has not established a position having a special focus in the market. It wants to gain greater recognition as specialists. Doing so will probably narrow the market focus. 2. Personal and personality driven 1 2 x 3 x 4 x x 5 x x √ 6 7 8 √ √ √ √ √ 9 10 Large, structured and comprehensively staffed The firm currently feels that it is seen as a group of individuals without substantive support structure. They believe that being perceived as more organized and businesslike will help them in the future. 3. Intuitively creative 1 x 2 √ 3 x √ √ √ √ 4 x √ 5 6 x 7 8 x 9 10 Process and systems oriented They indicate that their progress so far has been based on process, and they want to be able to capitalize more strongly on their creativity. 4. Informal 1 x 2 3 x x 4 x 5 x 6 x 7 8 9 √ √ √ √ √ √ 10 Formal Similarly, they feel that their current image is very informal meaning somewhat disorganized. They want to increase their organizational effectiveness but without losing their "personality." 5. Local focus, control and involvement 1 x 2 x x 3 x x 4 x 5 6 7 √ 8 √ 9 √ √ √ 10 √ Broad geographic reach They are currently a local firm and indicate so. They want to have much broader geographic reach in the future. 1-12 800-537-PSMJ Book Name 6. Small enough to be personally involved Internal Analysis 1 x 2 x 3 x x 4 5 x √ 6 √ √ 7 x √ √ 8 x √ 9 10 Large enough to do the job They believe they are currently seen as a "little" firm. They want to be perceived as having sufficient resources and size to deliver even the largest project. 7. Client Responsive 1 x 2 x 3 x x 4 5 x 6 x √ 7 8 9 √ √ √ √ √ 10 We are the experts The firm indicates that it does not currently have command of its clients’ confidence in a way that has its staff respected as experts. They want to be known as experts. 8. Trend-setting innovative solutions 1 √ 2 x √ √ √ 3 x √ √ 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions They also indicate that they want to do trend-setting and innovative design but to date have not realized this goal. 9. Youthful 1 x 2 x 3 x x 4 x 5 x √ 6 7 8 √ √ √ √ √ 9 10 Established They believe the firm is not taken as seriously as they would like, because they are all quite young. They want to come across with greater “maturity” in the perception of their clients. Additional attribute 10. Low key 1 2 x 3 x 4 x 5 x 6 x √ √ 7 x √ √ 8 9 10 Assertive √ √ The answers suggest that they feel they have been passive with their clients. They believe assertiveness (arrogance) to be a negative attribute, but wish to move toward a level of greater control and confidence in their client relationships. Additional attribute 11. Timely 1 √ √ 2 √ √ √ 3 √ 4 5 6 7 x 8 x 9 x x x 10 x Slow delivery Timely delivery has been a significant problem and they added these attributes to make sure that they were considered in any future positioning. Clearly improving delivery is a critical issue in the future. 1-13 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 16. Portfolio–list your firm’s most profitable and rewarding projects and identify the reason they were successful. Consider project type, client, location, services provided, your project manager, and any other factors that contributed to the success. Interpretation The answers to this question will identify projects that make the most sense for the firm and why. It will indicate the values your team places on project satisfaction. Pay attention to the attributes, other than profitability, that emerge as the criteria for success. These will be incorporated into your assessment of target markets in Chapter 3. In question 10 you describe your firm’s character and personality in a few words. Explaining company culture in question 17 is more about behavior and relationships, both between your people and with your clients. It’s your demeanor, the quality of your interactions, your spirit, and respect in your dealings with each other. 17. Culture–list five distinguishing aspects of your firm’s behavior that contribute to your distinct and proprietary culture. Interpretation This is another question that seeks to define your differentiation platform. Culture can be a key ingredient in distinguishing your firm from the competition, and it is important that you recognize what your culture is and how it makes your firm different. 18. How would your firm be affected by a significant downturn in the economy? 19. How would it respond? In the course of any firm’s history there will be down cycles. Great marketing is about what you do in these downturns. Promotion and sales when things are hot usually means just taking orders. What you do in an off economy will determine real success. Interpretation Questions 18 and 19 are meant to test your marketing willingness. How well does your team recognize the power of marketing to propel a firm through difficult times and how focused and prepared is your team to use marketing to do so? Answers that trend toward staff reductions and belt tightening, while appropriate measures, are indicative of a firm that does not believe in the power of marketing. Answers that address adjusting to healthy markets and increasing marketing efforts and effectiveness show a faith and commitment to marketing that is the sign of a market- and marketing-driven firm. 1-14 800-537-PSMJ Book Name Internal Analysis Processing the Responses The questionnaire asks you for a lot of information and feedback. If you’re a small firm you will have only one or a few questionnaires to process. If you are a medium to large firm you should have many. A blank worksheet follows on which you will compile the responses. The intent is not to capture every individual response to each question but rather to identify consensus, direction, and as importantly, areas of inconsistency or disagreement. Revising the Answers Some of the questions ask for answers that describe the firm’s current status or situation and others look to the future. As you continue to develop the information in the workbook you may find that positions or representation that you have made in your responses may change. It is helpful to revisit this questionnaire as you move through the entire process and amend the answers where appropriate. Achieving Consensus While some of these questions may appear simplistic and obvious, we are continually surprised by the disparity of responses we see, even in small firms. It is important that the firm achieve consensus before continuing. Answers that are out of alignment are indicative of less than ideal internal synthesis and communications. Take each question seriously. If you find areas of disagreement in the responses, make sure that you fully understand the points of disagreement. The questionnaire addresses the core of who you are as a firm and what you are trying to achieve. Responses on fundamental issues that are out of sync can be symptomatic of personal positions that indicate trouble. It may be possible to continue without resolving differences but inevitably these disagreements will result in the lack of full endorsement and support of your ultimate plans. Discuss the issues. If there continues to be a divergence of opinion, determine why and how you can achieve resolution. If the issues are fundamental to your business plan and strategy, evaluate whether the disagreement is a threat to the future of the firm. 1-15 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis List the areas of disagreement that need resolution. Note any areas of conflict and work to resolve them. __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ ______________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ __________________________________________________________ Using the Results The answers to the questionnaire provide a heightened awareness of who you are and what your firm is trying to accomplish as a professional practice. The internal analysis should have solidified the unity of the key players in your firm and provided valuable feedback for future planning and direction. As you proceed through the workbook you will be asked to refer to specific responses to these questions. 1-16 800-537-PSMJ Book Name Internal Analysis Internal Questionnaire Worksheet Copy and distribute this questionnaire to the key people in your firm. Have them answer all questions as thoroughly as possible. Compile the results and evaluate the responses based on the criteria described above. Have your people thoroughly answer questions 1 through 19. Before distributing the questionnaire, be sure to add any additional attributes specific to your firm in questions 14 and 15. 1-17 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis Internal Questionnaire Our firm is in the process of evaluating our marketing program and our place within our profession. It is important that the program reflect our values, qualities, expertise and position, vis-a-vis our clients, markets, and competition. The following questionnaire is structured to elicit information that will assist in formulating a program based on consensus and common commitment. Please answer the questions as an expression of your personal understanding, opinion and beliefs. Thanks for your cooperation. Please return to ______________ by ________________. 1. What does the company do? (Respond as if you are explaining to a layperson the activities of the company,) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 2. What are the services offered? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 3. What are the firm’s greatest strengths as a client would see them? (List at least five.) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 1-18 800-537-PSMJ Book Name Internal Analysis 4. What about your strengths makes you different from others providing similar services? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 5. What makes you better than others providing these services? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 6. Who are your marketing audiences–ranked in order of importance? 1.________________________________________________________________________________ 2.________________________________________________________________________________ 3.________________________________________________________________________________ 4.________________________________________________________________________________ 5.________________________________________________________________________________ 6.________________________________________________________________________________ 7.________________________________________________________________________________ 8.________________________________________________________________________________ 9.________________________________________________________________________________ 10.________________________________________________________________________________ 11.________________________________________________________________________________ 12.________________________________________________________________________________ 1-19 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 7. Who are your competitors? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ________________________________________________________________________________________ 8. If you were to conduct a client perception survey what do you believe your clients would say about you? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 9. What are the reasons a potential client would select one of your competitors over your firm? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 10. List five adjectives that best express the character and personality of the company. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 1-20 800-537-PSMJ Book Name Internal Analysis 11. What attributes of the firm’s practice have been most influential in selling the company’s services? Rank in order of their priority (1 being most important) each of the following factors in their effectiveness in telling the firm’s story, establishing your competitive advantage and marketing the firm’s services. __ Areas of specialization __ Awards __ Diversity/comprehensiveness of services __ Experience __ History __ Marketing materials and systems __ Office locations __ Personal relationships __ Principal involvement in projects __ Qualifications of the partners/principals __ Qualifications and behavior of staff __ Referrals from past clients __ Results of past projects __ Size of the firm __ Stature of past projects __ Other ____________________ __ Other ____________________ 12. What are your growth plans for the company (two and five years)? Be as specific in your forward thinking as possible. A. By markets (What new markets will the firm seek to enter?) Two years _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________ ____________________________________________________________________ Five years _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________ ____________________________________________________________________ 1-21 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis B. By project type (What types of projects will the firm do that it doesn’t do now?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ C. By services (What new services will the firm offer? Which services will be discontinued?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ D. By size measured in number of people. (How much does the firm want to grow? What types of people will this require?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 1-22 800-537-PSMJ Book Name Internal Analysis E. By geography (Will you expand your geographic reach? Will you open new offices?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ F. By ownership/leadership (What is your plan for extending or transitioning ownership? What changes will occur in management?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ G. By staff profile (What personnel will you need to achieve your goals? What new positions will you add? What are the expertise and skill sets required?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 1-23 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis H. By any change in reputation or positioning of the firm (How do you want the firm to be perceived differently than it is now?) Two years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Five years ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 13. What is your personal role in achieving these goals? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 1-24 800-537-PSMJ Book Name Internal Analysis 14. Current Position Please circle the number on the following chart that best represents the current position of the firm when evaluating the opposing attributes. For example, in the first pair if you believe the firm is seen as experts who have exceptional knowledge and skills in its chosen markets, circle a number close to 10. If you believe the firm is considered to be generalists circle a number close to 1. If you believe the firm maintains a position that combines focused expertise with a generalist posture, circle a number toward the middle. All things to all projects 1 2 3 4 5 6 7 8 9 10 Specialists Personal and personality driven 1 2 x x 3 x 4 x 5 x √ 6 √ 7 √ 8 √√ 9 10 Large, structured, and comprehensively staffed Intuitively creative 1 x 2 3 x 4 x 5 6 x 7 8 x 9 10 Process and systems oriented Informal 1 2 3 4 5 6 7 8 9 10 Formal Local focus, control, and involvement 1 x 2 x 3 x 4 x 5 6 7 √ 8 √ 9 √ 10 √ Broad geographic reach Small enough to be personally involved 1 x 2 x 3 x 4 5 x 6 7 x 8 x 9 10 Large enough to do the job Client Responsive 1 x 2 x 3 x 4 5 x 6 x 7 8 9 10 We are the experts Trend-setting innovative solutions 1 2 x 3 x 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions Youthful 1 2 3 4 5 6 7 8 9 10 Established er attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Other attribute 1 2 3 4 5 6 7 8 9 10 er attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Other attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Be sure to add any additional attributes that are specific to your firm. (see explanation for question 14) 1-25 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 15. Future Position Now circle the number that best represents how you want the firm to be positioned in the future. All things to all projects 1 2 3 4 5 6 7 8 9 10 Specialists Personal and personality driven 1 2 x x 3 x 4 x 5 x √ 6 √ 7 √ 8 √√ 9 10 Large, structured, and comprehensively staffed Intuitively creative 1 x 2 3 x 4 x 5 6 x 7 8 x 9 10 Process and systems oriented Informal 1 2 3 4 5 6 7 8 9 10 Formal Local focus, control, and involvement 1 x 2 x 3 x 4 x 5 6 7 √ 8 √ 9 √ 10 √ Broad geographic reach Small enough to be personally involved 1 x 2 x 3 x 4 5 x 6 7 x 8 x 9 10 Large enough to do the job Client Responsive 1 x 2 x 3 x 4 5 x 6 x 7 8 9 10 We are the experts Trend-setting innovative solutions 1 2 x 3 x 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions Youthful 1 2 3 4 5 6 7 8 9 10 Established er attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Other attribute 1 2 3 4 5 6 7 8 9 10 er attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Other attribute 1 2 3 4 5 6 7 8 9 10 Other attribute Add the same additional pairs of attributes that you used in question 14. 1-26 800-537-PSMJ Book Name Internal Analysis 16. Portfolio–list your firm’s most profitable and rewarding projects and identify the reason they were successful. Consider project type, client, location, services provided, your project manager, and any other factors that contributed to the success. (Repeat as necessary to record up to five projects that qualify for consideration.) Most rewarding work _______________________________________________________________________________________ Project types: ___________________________________________________________________________ Client:_________________________________________________________________________ Location:_______________________________________________________________________ Services:______________________________________________________________________________ People involved:_________________________________________________________________________ _______________________________________________________________________________________ Reasons for Success _______________________________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ _______________________________________________________________________________________ 17. Culture–list five distinguishing aspects of your firm’s behavior that contribute to your distinct and proprietary culture. 1._____________________________________________________________________________________ 2._____________________________________________________________________________________ 3._____________________________________________________________________________________ 4._____________________________________________________________________________________ 5._____________________________________________________________________________________ 1-27 800-537-PSMJ ULTIMATE A/E/C MARKETING PLAN Internal Analysis 18. How would your firm be affected by a significant downturn in the economy? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ____________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 19. How would it respond? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ____________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ 1-28 800-537-PSMJ Book Name Internal Analysis Combined Position ALERT!! (for compiling results, not for distribution) Place all of the answers to both questions 14 and 15 onto this sheet. Use a separate color or symbol for current position and future position. (Follow the example starting on page 1-12) All things to all projects 1 2 3 x 4 x 5 x Personal and personality driven 1 2 x x 3 x x 4 x x 5 x x 3 x x 4 x x 5 Intuitively creative 1 x 2 6 x 7 8 x 9 10 Specialists √ 6 √ 7 √ 8 √√ 9 10 Large, structured, and comprehensively staffed x x 7 8 x x 9 10 Process and systems oriented x 6 x x Informal 1 2 3 x 4 x 5 x 6 x 7 8 x 9 10 Formal Local focus, control, and involvement 1 x 2 x 3 x 4 x 5 6 7 √ 8 √ 9 √ 10 √ Broad geographic reach Small enough to be personally involved 1 x 2 x 3 x 4 5 x 6 7 x 8 x 9 10 Large enough to do the job Client Responsive 1 x 2 x 3 x 4 5 x 6 x 7 8 9 10 We are the experts Trend-setting innovative solutions 1 2 x 3 x 4 5 x 6 x 7 x 8 x 9 10 Conservative, traditional solutions Youthful 1 2 3 4 5 6 7 8 9 10 Established Other attribute 1 2 3 4 5 6 7 8 9 10 Other attribute 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Other attribute 1-29 Other attribute 800-537-PSMJ