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  
NEWS
Ten years on, Bjarke Ingels and Sheela Maini Søgaard reveal how they brought BIG back from the brink
POSTED 29 Nov 2017 . BY Kim Megson
In the CLAD interview, Ingels described BIG as a 'true meritocracy,' where every member of the team can have a say in projects Credit: Paul McLaughlin
Sheela has a really healthy confrontational attitude. She started phoning our late payers, getting them to cough up. Where architects are typically overly optimistic, Sheela has a healthy scepticism
– Bjarke Ingels
BIG founder Bjarke Ingels and CEO Sheela Maini Søgaard have revealed how they transformed a struggling firm 10 years ago into one of the world’s fastest-growing and best-known architecture practices today.

Speaking to CLAD for our comprehensive BIG Special, Ingels and Søgaard described how a decade ago BIG found themselves facing an uncertain future.

“By the fall of 2007, we were going down,” said Ingels. “I took control of our finances for a year, let go of 35 people, cut down everything I could, including lunches and our cleaning services, borrowed some money and managed to turn the company around.”

Ingels said he realised he needed to hire someone with a strong business mind, allowing him to focus his energies on the creative side of the practice. He employed ex-McKinsey consultant Søgaard as chief financial officer in 2008, and she soon became CEO.

“I joined at the point when they had to start thinking about a financial model,” Søgaard told CLAD. “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.

“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 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.”

Reflecting on the impact Søgaard had on the business, Ingels said: “Sheela has a really healthy confrontational attitude. She started phoning our late payers, getting them to cough up. Where architects are typically overly optimistic, Sheela has a healthy scepticism. And where most of us would happily do a project for free, she has a ‘fuck you, pay me’ attitude. We needed that.”

Almost a decade on, Søgaard and Ingels are among twelve BIG partners, overseeing 450 employees across offices in Copenhagen, New York and London. The practice have completed major projects across the world, including the Via 57 West 'courtscraper' in New York, the Lego House in Bilund and the Tirpitz Museum in Blavand. Many more are in the pipeline.

Describing the working culture at BIG, Søgaard said: “One thing that differentiates us 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.”

Ingels described the practice as a “true meritocracy”, with decisions about who to put forward for a particular project based on talent rather than the amount of experience a person has. Open plan offices make it easy for employees to communicate and all staff, including interns, are encouraged to contribute to design conversations.

“Of the partners at BIG, about half were interns in the early days of the company, so we’ve been together for a ridiculously long time," said Ingels. "We’ve developed a culture through friendship and collaboration that’s very strong.”

You can read our in-depth interviews with Ingels, Søgaard and the 10 other BIG partners in print, online or on digital turning pages.


Sheela Maini Søgaard joined BIG as CFO in 2008, and transformed the business into 'a sustainable, healthy platform' Credit: Flemming Leitorp
RELATED STORIES
  FEATURE: BIG special : Bjarke Ingels


The BIG founder talks about Lego House Mars Science City and the role of his team in BIG’s success
  FEATURE: BIG special: Sheela Maini Søgaard


BIG’s CEO reflects on the challenges of the firm’s growth and addressing the gender balance at the top
MORE NEWS
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.
+ More news   

FEATURED SUPPLIERS

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...]

Step into a world of wellness with the Himalayan Source Salt Capsule
Himalayan Source has launched the Himalayan Salt Capsule to help spa, wellness and fitness facilities or residences upgrade their offering with halotherapy. [more...]
+ More featured suppliers  
COMPANY PROFILES
Vinésime

Vinésime is a skincare brand that creates its own active ingredients from selected vineyards in the [more...]
Lemi Group

Lemi Group designs and produces treatment tables, chairs and multi-functional furniture and equipmen [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
NEWS
Ten years on, Bjarke Ingels and Sheela Maini Søgaard reveal how they brought BIG back from the brink
POSTED 29 Nov 2017 . BY Kim Megson
In the CLAD interview, Ingels described BIG as a 'true meritocracy,' where every member of the team can have a say in projects Credit: Paul McLaughlin
Sheela has a really healthy confrontational attitude. She started phoning our late payers, getting them to cough up. Where architects are typically overly optimistic, Sheela has a healthy scepticism
– Bjarke Ingels
BIG founder Bjarke Ingels and CEO Sheela Maini Søgaard have revealed how they transformed a struggling firm 10 years ago into one of the world’s fastest-growing and best-known architecture practices today.

Speaking to CLAD for our comprehensive BIG Special, Ingels and Søgaard described how a decade ago BIG found themselves facing an uncertain future.

“By the fall of 2007, we were going down,” said Ingels. “I took control of our finances for a year, let go of 35 people, cut down everything I could, including lunches and our cleaning services, borrowed some money and managed to turn the company around.”

Ingels said he realised he needed to hire someone with a strong business mind, allowing him to focus his energies on the creative side of the practice. He employed ex-McKinsey consultant Søgaard as chief financial officer in 2008, and she soon became CEO.

“I joined at the point when they had to start thinking about a financial model,” Søgaard told CLAD. “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.

“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 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.”

Reflecting on the impact Søgaard had on the business, Ingels said: “Sheela has a really healthy confrontational attitude. She started phoning our late payers, getting them to cough up. Where architects are typically overly optimistic, Sheela has a healthy scepticism. And where most of us would happily do a project for free, she has a ‘fuck you, pay me’ attitude. We needed that.”

Almost a decade on, Søgaard and Ingels are among twelve BIG partners, overseeing 450 employees across offices in Copenhagen, New York and London. The practice have completed major projects across the world, including the Via 57 West 'courtscraper' in New York, the Lego House in Bilund and the Tirpitz Museum in Blavand. Many more are in the pipeline.

Describing the working culture at BIG, Søgaard said: “One thing that differentiates us 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.”

Ingels described the practice as a “true meritocracy”, with decisions about who to put forward for a particular project based on talent rather than the amount of experience a person has. Open plan offices make it easy for employees to communicate and all staff, including interns, are encouraged to contribute to design conversations.

“Of the partners at BIG, about half were interns in the early days of the company, so we’ve been together for a ridiculously long time," said Ingels. "We’ve developed a culture through friendship and collaboration that’s very strong.”

You can read our in-depth interviews with Ingels, Søgaard and the 10 other BIG partners in print, online or on digital turning pages.


Sheela Maini Søgaard joined BIG as CFO in 2008, and transformed the business into 'a sustainable, healthy platform' Credit: Flemming Leitorp
RELATED STORIES
FEATURE: BIG special : Bjarke Ingels


The BIG founder talks about Lego House Mars Science City and the role of his team in BIG’s success
FEATURE: BIG special: Sheela Maini Søgaard


BIG’s CEO reflects on the challenges of the firm’s growth and addressing the gender balance at the top
MORE NEWS
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.
+ More news   
 
FEATURED SUPPLIERS

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...]

Step into a world of wellness with the Himalayan Source Salt Capsule
Himalayan Source has launched the Himalayan Salt Capsule to help spa, wellness and fitness facilities or residences upgrade their offering with halotherapy. [more...]
+ More featured suppliers  
COMPANY PROFILES
Vinésime

Vinésime is a skincare brand that creates its own active ingredients from selected vineyards in the [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