Effective Business Succession Strategies with Michael Graves Architecture and Designs’ President Joe Furey
Building Scale
We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.
Will ForetJustin Neagle
PodcastAI
PodcastAI

Effective Business Succession Strategies with Michael Graves Architecture and Designs’ President Joe Furey

E12 • Feb 8, 2022 • 36 mins

In this episode, Joe Furey from Michael Graves Architecture and Design discusses company culture, growth strategies, and the role of technology in the AEC industry. Topics include the impact of mergers and acquisitions, organic growth versus strategic acquisitions, and the evolution of company culture for a new generation.

Key Points

  • Joe Furey, President of Michael Graves Architecture and Design, emphasizes the importance of succession planning and strategic growth through mergers and acquisitions to scale an AEC business successfully.
  • Empowering staff at all levels and fostering a culture that allows for growth and learning from mistakes is crucial for developing future leaders and ensuring the longevity of an AEC firm.
  • Investing in technology, such as virtual reality, not only enhances the client experience and design process but can also provide a competitive edge and drive additional revenue for an AEC company.
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