Page 23 - 2022 Annual Report 2022 FINAL
P. 23

PRESIDENT’S REPORT


                           PEOPLE
                                                         OUR
               OUR                            ARE                   GREATEST
                                                                                              ASSET

               FIRMWIDE PERFORMANCE

               We began Fiscal Year 2022 (FY22) with strong backlog which included many new projects from new
               clients which were won in FY21 as well as many new projects with our current clients.  Unlike the
               uncertainty we began FY21, FY22 began with a push for acquiring additional team members to assist us in
               achieving the great success of winning work in FY21.  The winning of new work continued through FY22
               as well as we submitted on 213 proposals.
               Of those 213 proposals, there were 170
               decisions on those proposals, and we won
               a total of 56 of them for a hit rate of 33%
               (proposal to win).  As mentioned last year
               the industry standard proposal to win
               ratio is typically between 20% to 25%.
               This is an improvement over FY21 where
               we had a hit rate of 32.4%.  Our message
               in the industry is strong, and we are
               winning a significant share of work we are
               pursuing.  Congratulations everyone on
               this great team accomplishment!

               FY22 was a significant growth year in so many ways.  Utilizing the firm’s strategic vision as our north star,
               we are seeing the initiatives and investments in our team including in our new Regions begin to make
               significant impacts on our success.  Our team strength has grown significantly, and this new talent has
               increased the depth of resources and expertise across the entire firm.  I encourage you to tap into these
               resources!  Many of these great new team members will be the highlight of the Practice Area and Region
               reports.  Because of the great work of our teams across the entire firm, our financial stability remains
               strong, and our CFO will highlight this strength and success.

               Another significant step in our growth was the roll out of the “People Plan” which focuses attention on our
               internal community including our organizational structure, talent development, employee engagement,
               employee retention, talent acquisition, performance management and diversity, equity and inclusion.  We
               also continued offering of broad-range training and development opportunities throughout the year
               ranging from in-house TAP Presentations, continued Counselor Salesman programs to structured out-of-
               house leadership and development programs. Also, our committees have continued to harmonize and
               lead many of our initiatives while delivering many learning opportunities.


               We continue to see the growth of our design culture, and we are winning awards and engaging at all
               levels in the design process. Because of you, your passion and dedication to our mission, vision, and
               goals, we continue the mantra “We Build Community”, both inside FGMA and outside FGMA.





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