ABUSMAA2 Business Management & Application for Architecture 2 PDF

ABUSMAA2: Business Management and Application for Architecture 2 INSTRUCTOR: IRAH CRUZ WEEK 1: INTRODUCTION GRADE BREAKDOWN DESCRIPTION % ACTIVITY 1 10 ACTIVITY 2 10 ACTIVITY 3 10 ACTIVITY 4 10 PA...

ABUSMAA2: Business Management and Application for Architecture 2 INSTRUCTOR: IRAH CRUZ WEEK 1: INTRODUCTION GRADE BREAKDOWN DESCRIPTION % ACTIVITY 1 10 ACTIVITY 2 10 ACTIVITY 3 10 ACTIVITY 4 10 PARTICIPATION/ATTENDANCE 10 MAJOR ACTIVITY 20 EXAM 30 COURSE OUTLINE WEEK 1: ORIENTATION AND INTRODUCTION WEEK 2: MARKET RESEARCH AND OPPORTUNITY ANALYSIS WEEK 3: LEGAL AND REGULATORY COMPLINANCE WEEK 4: FINANCIAL PLANNING AND BUDGETING WEEK 5: MARKETING AND BRANDING STRATEGIES AND HUMAN RESOURCE MANAGEMENT WEEK 6: TBD WEEK 7: MIDTERMS WEEK 8: PROJECT MANAGEMENT AND QUALITY CONTROL AND ASSURANCE, AND OPERATIONAL SAFETY PROTOCOLS WEEK 9: RISK MANAGEMENT AND SUPPLY CHAIN MANAGEMENT WEEK 10: TECHNOLOGY INTEGRATION AND SUSTAINABLE PRACTICES WEEK 11: INTRO TO REAL ESTATE DEVELOPMENT WEEK 12: TBD WEEK 13: FINALS SESSION AGENDA Review of business management principles tailored for architecture and design. Review of the business models: sole proprietorship, partnership and corporations. Understand the design and build business model and organizational structure Explore case studies of architect-led companies. WHAT IS BUSINESS MANAGEMENT? WHAT IS BUSINESS MANAGEMENT?   The practice of coordinating and overseeing activities to achieve organizational goals. What is Business  Key Components: Managemen   Planning Organizing t?  Leading  Controlling Importance  Drives organizational success through strategic planning. of Business  Ensures efficient resource allocation. Manageme  Promotes effective communication and leadership. nt  Adapts to market changes and competition.   Planning: Setting objectives and determining the best Core course of action. Functions of  Organizing: Structuring teams and resources to execute plans. Business  Leading: Motivating and directing teams to achieve Manageme goals. nt  Controlling: Monitoring performance and making necessary adjustments. Key Skills for Business Managers  Communication: Clear and effective interaction with stakeholders.  Decision-Making: Analyzing situations and making informed choices.  Problem-Solving: Addressing challenges creatively and effectively.  Leadership: Inspiring and guiding teams towards success. Examples of Business Management in Action  Strategic Planning in a Tech Startup.  Crisis Management in Hospitality.  Scaling Operations in a Retail Business. What do you think is the most important function of business management, and why? Business Management Principles for Architecture  Strategic Planning: Aligning business goals with design vision.  Resource Management: Efficient allocation of talent and materials.  Financial Oversight: Budgeting, cost control, and profitability.  Client Relationship Management: Building long- term partnerships. Overview of Business Models  Sole Proprietorship  Partnership  Corporation What is design and build business model? The Design and Build Business Model  A project delivery method integrating design and construction services under one contract.  Key Features:  Single point of responsibility.  Streamlined communication.  Faster project completion. The Design and Build Business Model  Advantages:  Unified teams for better collaboration.  Cost control through integrated planning.  Accelerated timelines by overlapping design and construction phases.  Challenges:  Requires experienced project management.  Scope changes can lead to disputes.  Potentially reduced client involvement in design decisions. Organizational Structures  Functional: Teams organized by skill sets (e.g., design team, construction team).  Project-Based: Teams formed around specific projects.  Hybrid: Combines functional and project-based structures for flexibility. What are some examples of Design-and-build companies in the Philippines? Conclusion  Business management is vital for organizational success.  Understanding its core functions and key skills is essential for effective leadership.  Business management principles are vital for architecture.  Choosing the right business model and structure impacts efficiency and growth. QUESTIONS? Recommended resource: Eric Reinholdt, 2015 - Book 1: Architect and Entrepreneur: A Field Guide to Building, Branding, and Marketing Your Startup Design Business - Book 2: Architect + Entrepreneur: A How-to Guide for Innovating Practice: Tactics, Strategies, and Case Studies in Passive Income