The business model
As a senior practitioner, you are able to be selective
about your position. But the alternatives commonly available even
at your level may still require compromises you'd rather not make.
- The executive or ownership positions available
within traditional service companies provide appropriate financial
rewards, but place extreme demands on personal time.
- Single person consultancies allow greater flexibility but have
their own drawbacks: Sales and marketing efforts reduce billable
time. You are often engaged in teams of mixed abilities, where
project goals are compromised. Personal time away from the office
means lost momentum. And billing rates are often not commensurate
with those commanded by consultants of comparable expertise at
larger companies
UI Architects was created to attempt to gain some
advantages from each of these options the flexibility of
the single person consultancy without drawbacks.
The
proposition
No equity proposition. No long-term model of growth.
No infrastructure building. UI Architects simply extends the single
person consultancy model for senior consultants without compromising
on remuneration.
- Pooled marketing costs. UI Architects
is marketed as a unified offering that provides a senior-level
collaborative team. Since the marketing costs are pooled, however,
the individual contribution towards marketing and sales costs
is less than with a single consultancy.
- Familiar dependable resources. UI Architects
offers the opportunity to collaborate with true peers.
- Personal time is respected. Because the
company has an ongoing marketing presence, the rest of the team
continues to field leads and retain a presence in the marketplace.
- Higher bill rates. The broad resource
offering and marketing presence of UI Architects allows for bill
rates that reflect market value.
Recruiting
UI Architects is a team of individuals that complement
each other's skills, operate professionally, and contribute to an
enjoyable work environment. The primary criterion for consideration
as a Partner Consultant is the successful completion of at least
one significant project as an Associate Consultant with UI Architects.
This way, both parties have the benefit of a completed client engagement
to evaluate the relationship.
Shared overhead
Overhead shared by the Partner Consultants includes:
- Out of pocket expenses including rent, common
staff, etc.
- Management/Administration/Marketing time
Each partner provides their own physical workspace
and infrastructure (phones, computer, etc.). As a virtual organization,
out of pocket expenses are minimized by collaborating online and
by phone. New overheads such as shared space or staff will be taken
up only with the unanimous agreement of the Partner Consultants.
UI Architects has a mid-term goal to procure a
small amount of centrally located office space for hoteling consultants,
hosting meetings and housing shared staff if required. This will
enhance visibility and credibility with clients, and provide space
for physical collaboration when consultants need to work closely
on a phase of the project.
Management/Administration/Marketing tasks are
allocated a certain number of hours and shared between Partner Consultants.
This overhead time is assigned a value, so that inequities between
partner contributions can be resolved easily and equitably.
Sales
Each partner is expected to contribute to sales
efforts by participating as needed in proposals, sales meetings,
etc. Compensation for bringing new work into the consultancy will
be determined by the Partner Consultants.
Sound interesting?
If you believe that you are a good fit for the
UI Architects approach to consulting, contact
us to begin a conversation.
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