Executive Search & Leadership Advisory
Despite facing intense competition from vertically integrated construction and engineering enterprises, the architectural services sector has performed well over the last decade and is expected to grow at an annual rate of 2.2 percent from 2015 to 2020. A number of factors have contributed towards the growth of the architectural services industry, including the evolving housing needs of the global population, technological advancements, and increased demand from commercial and industrial sectors.
Just like any other industry, the architectural services industry has strongly felt the impact of Big Data technology. Not only are architects using data to select the best materials and designs for buildings, but they are also faced with an immense pressure from clients to design ‘smart’ buildings that can collect data from visitors and occupants. Put simply, Big Data is tossing out the traditional paper and pen technique used by architects for years, compelling them to use data-rich BIM models to help clients visualize the outcome.
Apart from technological advancements, increased demand from commercial investors and institutions has also fueled the growth of the architectural services industry. Rapid infrastructural development has been observed not only in the US, but all over the world. As a result, the construction of industrial and commercial buildings, such as shopping centers, hotels, offices, stadiums, and factories represent an integral market for architects today.
The architectural services industry has relied on demand from the residential sector for a long time and it continues to be an important market for the industry. New residential constructions and home remodeling account for a significant share of the total revenue of this services industry. However, a significant shift has been observed in the needs and preferences of customers lately.
Growing popularity of universal design, focus on improved utility, and increased attention to a healthy living space – all have transformed the architectural practices. Changing work patterns of millennials has made home offices an important component of the modern home. In addition, formal living rooms and spacious dining rooms have almost disappeared. These have been replaced by open-space layouts, decks, patios, and other spaces for outdoor living.
Allen Austin’s commitment is to help companies operating in the construction and architecture sector adapt their practices to the changing needs of customers and leverage the opportunities available to them by helping them hire the best executive-level talent. Our experienced executive search consultants constantly deliver an unrivalled level of service while adopting a pro-active approach to provide clients with effective recruitment and leadership development solutions.
As a leading executive search firm, Allen Austin adopts a methodical approach towards the process that focuses on the fulfillment of the current and future leadership needs of an organization.