Executive Search & Leadership Advisory
According to the American Society of Interior Designers, the current demand for interior design services is at the highest it has been in several years. Not only has the sales of interior design products increased by 35 percent since 2010, but firms specializing in the planning and design of interiors have also experienced growth at the rate 7.5 percent per annum. Experts believe that the growth is expected to continue, at a lower but still decent rate of 4 percent per year, through 2022.
To cater to the increased demand and seize lucrative revenue-generating opportunities, interior design firms are leveraging new visualization and building information tools, such as business information modeling (BIM), 3D printing, and Revit to develop better site understanding and plan projects accordingly. In addition, to improve operational efficiency and reduce costs, technology-forward companies are investing in robotics, as well as making use of new building materials and methods to minimize injuries.
In addition to ensuring cost-efficiency of their design and construction practices, interior design firms will need to focus on understanding and responding to the evolving needs of customers. The nature of designer-client relationship has changed considerably in past few years, with many clients seeking a more participatory relation with their interior designers. They want to be directly involved in the design and planning process, as well as purchasing decisions. Interior designers are now adopting a more client-focused approach towards projects and offer their clients greater control and visibility of the process.
Just like any other industry, the interior design industry is experiencing the impact of higher sustainability standards set in order to address the challenge of global climate change. The US Green Building Council (USGBC) is in the process of rolling out new standards that will require interior designers and architects to adopt environment-friendly practices in order to reduce their carbon footprint.
Apart from sustainability, decreasing workforce productivity is another concern for interior design firms. The engineering and construction sector is also struggling with lower productivity and is making a shift towards a more integrated approach in order to break information silos and ensure efficient workflow. Since interior designers and architects work in close collaboration with engineering and construction companies, they will also be required to develop more holistic solutions that are more agile, efficient, and value-generating.
As a leading retained executive search firm, Allen Austin has extensive experience of providing outcome-oriented talent solutions to interior design firms. We adopt a systematic approach towards executive search, helping clients understand their leadership needs and then we design a solution that best fulfills them. Our competitive advantage lies in our ability to provide industry-specific leadership development solutions that have been designed keeping the unique needs and challenges of a particular industry in consideration.