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The Growth Engine
A Guide to Building a World-Class Business Development Function in Professional Services
Walt Shill (Author), Andi Baldwin (Author), Erika Flowers (Author), Jacob Parks (Author)
9781394277872, Wiley
Hardback, published 28 August 2025
320 pages
23.1 x 15.8 x 2.8 cm, 0.522 kg
Your guide to business development maturation in the professional services sector The Growth Engine describes the main challenge professional services firms face as they grow and shows how to develop a scalable business development effort, covering everything from CRM systems and metrics around utilization, to service development and expansion, to account planning and cross-selling, to winning new clients, to team structure and roles, and to performance management. This book is supported by extensive interviews with rainmakers in professional services firms including marketing, law, consulting, financial advisory, and IT advisory companies. Interviewees include senior executives at McKinsey, Bain, BCG, Accenture, IBM, AWS, KPMG, Deloitte, Publicis, and Omnicom, as well as a number of Am Law 100 firms. Some of the concepts covered in this book include: The Growth Engine is an essential read for all founders, executives, chief growth officers, marketing leaders and rainmakers in professional services seeking proven strategies to grow, steadily, sustainably and profitably.
Preface ix Part I the Problem and the Promise 1 1 The Problem – Why Professional Services Firms Fail to Scale Business Development 3 2 The Promise – You Can Build an Engine 15 Part II Services 23 3 Knowing What You Do – Service Definition and Discipline 25 4 Service Development and Expansion 43 Part III Clients 61 5 Knowing Whom You Serve 63 6 Double Down on Current Accounts 81 7 Winning New Clients 105 Part IV Talent and Performance Management 123 8 Hiring and Harnessing Talent 125 9 Talent Development – Building Your BD Capability 141 10 Motivating the Team – Incentives and Rewards 159 Part V Operating Model 175 11 Structure for Scale – Supporting Growth Leaders 177 12 Aligning Marketing and Business Development 199 Part VI Data and Measurement 221 13 Measuring What Matters 223 Part VII Putting It All Together 253 14 Managing Change 255 15 Going for Growth – Where to Go from Here 265 Appendix: Business Development Maturity – Reader Assessment 271 Bibliography 281 Acknowledgments 283 About the Authors 287 Index 289
Subject Areas: Business & management [KJ]
