Latest
issue
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
BIG special
Sheela Maini Søgaard

Partner and CEO of BIG talks to Magali Robathan about the business plan behind the studio’s meteoric rise and addressing the gender balance at the top

By Magali Robathan | Published in CLADmag 2017 issue 4


Sheela Maini Søgaard first met Bjarke Ingels in 2008 while on maternity leave from a previous job. BIG was making a name for itself, but was struggling financially, and having a difficult time with clients not paying bills.

With a strong business background and a pragmatic, no nonsense attitude, Søgaard knew she could help. During their meeting, she passed on some business tips to Ingels, who later contacted her to say her tips were working, and to offer her the job of chief financial officer. Søgaard set herself the task of dealing with the firm’s finances so that the architects could concentrate on what they did best.

“It freed up Bjarke to focus on the projects,” she says. “I couldn’t contribute to the architecture side of things, but I could be the person who calls the clients and says, if you don’t pay, I’m passing this to the lawyer.”

Getting the clients to pay up was just part of the story though. Since she joined, BIG has grown from 45 employees to more than 450 across offices in London, Copenhagen and New York City, and Søgaard has been a driving force in its evolution into a professionally-run, global organisation. Here she talks about the challenges of her role and of BIG’s rapid growth.

What’s your background?
I grew up in Dubai and Saudi Arabia, with intermittent periods in Denmark (my father is Indian and my mother is Danish). I have a masters degree in Business Administration from Copenhagen School of Business, and started my career with Procter and Gamble. I worked for the American consulting firm McKinsey for two and a half years, and later worked for celebrity chef Claus Meyer (the Danish equivalent of Jamie Oliver). While I was on maternity leave, in early 2008, I had an interview with Bjarke Ingels, and I joined BIG in August 2008 as chief financial officer.

Why did you want to work for Bjarke Ingels?
I didn’t know I did, to be honest. I’d never heard of him at that point, even though he was already quite well known within architecture and urban development.

When I met him though, it was apparent that he was unlike any other entrepreneur that I’d known. First of all, he was young – close to my age – and I also saw that he was quick to make decisions. That was appealing to me after having worked for corporate firms where decision-making was very slow. I also liked the fact that he seemed to give the people that worked with him a lot of trust and responsibility.

What shape was the practice in when you joined?
It was at the point when they had to start thinking about a financial model. There were about 50 people working for BIG at the time, including interns, and there were no partners – Bjarke was the sole owner.

I was given the task by Bjarke and his advisory board of turning it into a sustainable, healthy platform, and also of turning it into a partnership.

How did you approach the task?
It was pretty basic; it was just getting a handle on the pluses and minuses, looking through the projects we were working on and finding out whether clients had paid their bills. It was a small firm then, so it was quite easy to work out where we were losing money.

I contacted all the clients who owed us money, and engaged a no cure no pay collections firm to deal with those who wouldn’t pay.

At the time it was completely incomprehensible to me why we’d work for people who hadn’t agreed to the terms and conditions; why we’d hand over our intellectual property before we’d received payment. I understand it now, but at the time I was quite insensitive to the passion of being a very young firm excited about clients wanting to work with you.

How much of a challenge was the task of getting BIG’s finances on track?
Early on, when I’d only been there for a few weeks, one of our clients wrote to Bjarke Ingels. This client owed us a lot of money – I’d been in correspondence with them saying if they didn’t pay, we’d stop working with them and we’d pass the case over to a lawyer.

The client wrote Bjarke an angry letter saying, ‘I don’t even know this person. You’ve got to put a stop to this’. Bjarke passed the letter to me and asked me what to do. He was concerned because he had a relationship with the client and he wasn’t sure how to respond.

I told him he had to say that he was happy to talk to them regarding the architecture, but otherwise they needed to deal with me.

That was a real shift; not just for our clients but also for Bjarke. It took a lot of strength to let go and let me take care of that side of the business.

What are the biggest challenges for BIG today?
There isn’t always a direct correlation between the projects with a lot of prestige and impact, that you really want to engage with, and reasonable fees.

We’re constantly weighing up how much we want to do a project with the financial reward.

It’s a challenge for the industry as a whole, the fact that for the really impactful projects – the cultural, educational projects that will really contribute to the community and will make a difference in the long term – it can be difficult to raise the money for fees and for the construction budget. I find that problematic.

How would you describe the culture at BIG?
One of the key things that differentiates BIG from other firms I’ve worked for, is the insistence on being playful and having fun.

None of us has our own office, so we all sit together, we’re loud – very sort of Viking – we swear, we’re inappropriate sometimes. This approach really eases the mood a lot.

It’s really a juxtaposition, because we take ourselves so seriously in terms of what we do and in terms of our contractual negotiations, but then we take ourselves so un-seriously in the celebrating we do and the mood in the office.

Were you surprised by the reaction to the photo Bjarke Ingels posted recently, which highlighted the fact that you’re the only woman at partner level?
I was surprised by the reaction, but only because I hadn’t properly considered how we plug into the overall gender debate. I have started to think about it differently, and to realise that this is something that warrants more attention.

I’m actually really glad that the media continues to confront us with this issue, because the truth is that when you look at the numbers of women in positions of power in business and architecture, we’ve got a long way to go. As a female CEO, I have an obligation to help find a way to address this issue that makes sense for us, where we don’t feel that we’re compromising values and promoting people just because of their gender, but really helping the talent to move up. I feel very confident that the path is there, and that we’ve begun this process.

When I look at the BIG landscape, more than half of our directors and managers are women. That in my mind shows that BIG actually is a place that offers people with talent and ambition a platform to rise regardless of gender or ethnicity.

What are your thoughts on the issue of the lack of ethnic diversity within architecture?
I think at BIG that’s probably an area where we’re actually ahead of the curve, having more than 40 different nationalities represented within the practice.

It’s true that there are some nationalities that aren’t represented well yet, and it’s not getting easier with the visa tightening in the Americas and with Brexit, but I do think that diversity on that front is something that’s very much part of our DNA, especially given our Scandinavian roots.

BIG has expanded quickly over the past few years. What are the challenges of this growth?
We’ve grown almost tenfold in the time I’ve been working for BIG. That means our way of working, our DNA, is spread across a larger population.

One of the really large focus areas for us is making sure that we permeate our new members with our way of thinking and working, both so that we maintain our culture and so that we continue to develop the kind of architecture that we want to deliver.

Open plan offices help to create a flat hierarchy within the practice, says Søgaard
Søgaard recently took part in a business talk in London offering advice to architects, along with Design Haus Liberty founder Dara Huang (centre) and Caroline Roberts, global head of people and talent at Zaha Hadid Architects (right)
FEATURED SUPPLIERS

The sound of success: three ways music can boost spa revenue according to Myndstream’s Freddie Moross
At Myndstream, we understand the power of music elevates the spa experience. But did you know it can also be a powerful revenue generator? [more...]

Book4Time unveils enhanced day and resort pass functionality
With an increasing number of luxury hotels and resorts offering day and resort passes to drive staycation business, Book4Time, a leader in innovative spa and wellness solutions, is thrilled to announce the launch of Day & Resort Passes on its award-winning platform. [more...]
+ More featured suppliers  
COMPANY PROFILES
Living Earth Crafts

For over 50 years, LEC has been manufacturing award-winning spa equipment for the world’s finest spas [more...]
Mindbody

Mindbody is the leading business management software for the fitness and wellness industries. [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
SPA BUSINESS
SPA OPPORTUNITIES
SPA BUSINESS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Products   Magazine   Subscribe
BIG special
Sheela Maini Søgaard

Partner and CEO of BIG talks to Magali Robathan about the business plan behind the studio’s meteoric rise and addressing the gender balance at the top

By Magali Robathan | Published in CLADmag 2017 issue 4


Sheela Maini Søgaard first met Bjarke Ingels in 2008 while on maternity leave from a previous job. BIG was making a name for itself, but was struggling financially, and having a difficult time with clients not paying bills.

With a strong business background and a pragmatic, no nonsense attitude, Søgaard knew she could help. During their meeting, she passed on some business tips to Ingels, who later contacted her to say her tips were working, and to offer her the job of chief financial officer. Søgaard set herself the task of dealing with the firm’s finances so that the architects could concentrate on what they did best.

“It freed up Bjarke to focus on the projects,” she says. “I couldn’t contribute to the architecture side of things, but I could be the person who calls the clients and says, if you don’t pay, I’m passing this to the lawyer.”

Getting the clients to pay up was just part of the story though. Since she joined, BIG has grown from 45 employees to more than 450 across offices in London, Copenhagen and New York City, and Søgaard has been a driving force in its evolution into a professionally-run, global organisation. Here she talks about the challenges of her role and of BIG’s rapid growth.

What’s your background?
I grew up in Dubai and Saudi Arabia, with intermittent periods in Denmark (my father is Indian and my mother is Danish). I have a masters degree in Business Administration from Copenhagen School of Business, and started my career with Procter and Gamble. I worked for the American consulting firm McKinsey for two and a half years, and later worked for celebrity chef Claus Meyer (the Danish equivalent of Jamie Oliver). While I was on maternity leave, in early 2008, I had an interview with Bjarke Ingels, and I joined BIG in August 2008 as chief financial officer.

Why did you want to work for Bjarke Ingels?
I didn’t know I did, to be honest. I’d never heard of him at that point, even though he was already quite well known within architecture and urban development.

When I met him though, it was apparent that he was unlike any other entrepreneur that I’d known. First of all, he was young – close to my age – and I also saw that he was quick to make decisions. That was appealing to me after having worked for corporate firms where decision-making was very slow. I also liked the fact that he seemed to give the people that worked with him a lot of trust and responsibility.

What shape was the practice in when you joined?
It was at the point when they had to start thinking about a financial model. There were about 50 people working for BIG at the time, including interns, and there were no partners – Bjarke was the sole owner.

I was given the task by Bjarke and his advisory board of turning it into a sustainable, healthy platform, and also of turning it into a partnership.

How did you approach the task?
It was pretty basic; it was just getting a handle on the pluses and minuses, looking through the projects we were working on and finding out whether clients had paid their bills. It was a small firm then, so it was quite easy to work out where we were losing money.

I contacted all the clients who owed us money, and engaged a no cure no pay collections firm to deal with those who wouldn’t pay.

At the time it was completely incomprehensible to me why we’d work for people who hadn’t agreed to the terms and conditions; why we’d hand over our intellectual property before we’d received payment. I understand it now, but at the time I was quite insensitive to the passion of being a very young firm excited about clients wanting to work with you.

How much of a challenge was the task of getting BIG’s finances on track?
Early on, when I’d only been there for a few weeks, one of our clients wrote to Bjarke Ingels. This client owed us a lot of money – I’d been in correspondence with them saying if they didn’t pay, we’d stop working with them and we’d pass the case over to a lawyer.

The client wrote Bjarke an angry letter saying, ‘I don’t even know this person. You’ve got to put a stop to this’. Bjarke passed the letter to me and asked me what to do. He was concerned because he had a relationship with the client and he wasn’t sure how to respond.

I told him he had to say that he was happy to talk to them regarding the architecture, but otherwise they needed to deal with me.

That was a real shift; not just for our clients but also for Bjarke. It took a lot of strength to let go and let me take care of that side of the business.

What are the biggest challenges for BIG today?
There isn’t always a direct correlation between the projects with a lot of prestige and impact, that you really want to engage with, and reasonable fees.

We’re constantly weighing up how much we want to do a project with the financial reward.

It’s a challenge for the industry as a whole, the fact that for the really impactful projects – the cultural, educational projects that will really contribute to the community and will make a difference in the long term – it can be difficult to raise the money for fees and for the construction budget. I find that problematic.

How would you describe the culture at BIG?
One of the key things that differentiates BIG from other firms I’ve worked for, is the insistence on being playful and having fun.

None of us has our own office, so we all sit together, we’re loud – very sort of Viking – we swear, we’re inappropriate sometimes. This approach really eases the mood a lot.

It’s really a juxtaposition, because we take ourselves so seriously in terms of what we do and in terms of our contractual negotiations, but then we take ourselves so un-seriously in the celebrating we do and the mood in the office.

Were you surprised by the reaction to the photo Bjarke Ingels posted recently, which highlighted the fact that you’re the only woman at partner level?
I was surprised by the reaction, but only because I hadn’t properly considered how we plug into the overall gender debate. I have started to think about it differently, and to realise that this is something that warrants more attention.

I’m actually really glad that the media continues to confront us with this issue, because the truth is that when you look at the numbers of women in positions of power in business and architecture, we’ve got a long way to go. As a female CEO, I have an obligation to help find a way to address this issue that makes sense for us, where we don’t feel that we’re compromising values and promoting people just because of their gender, but really helping the talent to move up. I feel very confident that the path is there, and that we’ve begun this process.

When I look at the BIG landscape, more than half of our directors and managers are women. That in my mind shows that BIG actually is a place that offers people with talent and ambition a platform to rise regardless of gender or ethnicity.

What are your thoughts on the issue of the lack of ethnic diversity within architecture?
I think at BIG that’s probably an area where we’re actually ahead of the curve, having more than 40 different nationalities represented within the practice.

It’s true that there are some nationalities that aren’t represented well yet, and it’s not getting easier with the visa tightening in the Americas and with Brexit, but I do think that diversity on that front is something that’s very much part of our DNA, especially given our Scandinavian roots.

BIG has expanded quickly over the past few years. What are the challenges of this growth?
We’ve grown almost tenfold in the time I’ve been working for BIG. That means our way of working, our DNA, is spread across a larger population.

One of the really large focus areas for us is making sure that we permeate our new members with our way of thinking and working, both so that we maintain our culture and so that we continue to develop the kind of architecture that we want to deliver.

Open plan offices help to create a flat hierarchy within the practice, says Søgaard
Søgaard recently took part in a business talk in London offering advice to architects, along with Design Haus Liberty founder Dara Huang (centre) and Caroline Roberts, global head of people and talent at Zaha Hadid Architects (right)
LATEST NEWS
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan.
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa.
Art-inspired urban spa to launch at stylish new London hotel, Art’otel London Hoxton
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality.
Saga Holographic hits Kickstarter target to roll out holographic indoor bike
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear.
Exclusive: Yuki Kiyono goes behind the scenes of Aman’s social wellness brand Janu
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much- talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat.
Equinox teams up with Dr Mark Hyman's Function Health to offer $40k annual healthspan programme
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health.
SHA Wellness shares vision for “world’s first healthy living island” in UAE
Spanish wellness brand SHA Wellness Clinic is busy preparing to bolster its wellness portfolio in 2026 with a hyper-exclusive island wellness enclave in AlJurf, UAE.
Breakers Hotel in Long Beach to relaunch as Fairmont property with tech-forward spa in 2024
The historic Breakers Hotel in Long Beach, California, is set to reopen in mid-2024 as a Fairmont Hotels & Resorts property after a significant restoration and redevelopment project.
Kempinski to make Vietnamese debut with riverside resort and spa designed by Kengo Kuma
High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River.
Marriott to realise Ritz-Carlton Reserve at Trojena, the Mountains of Neom
Marriott International has signed a new deal with Neom to open a Ritz-Carlton Reserve property as part of Trojena, a brand new year-round mountain adventure destination in Saudi Arabia.
Bannatyne has bounced back from the pandemic
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results.
+ More news   
 
FEATURED SUPPLIERS

The sound of success: three ways music can boost spa revenue according to Myndstream’s Freddie Moross
At Myndstream, we understand the power of music elevates the spa experience. But did you know it can also be a powerful revenue generator? [more...]

Book4Time unveils enhanced day and resort pass functionality
With an increasing number of luxury hotels and resorts offering day and resort passes to drive staycation business, Book4Time, a leader in innovative spa and wellness solutions, is thrilled to announce the launch of Day & Resort Passes on its award-winning platform. [more...]
+ More featured suppliers  
COMPANY PROFILES
Living Earth Crafts

For over 50 years, LEC has been manufacturing award-winning spa equipment for the world’s finest spas [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS