maven build and install

I am starting to migrate my environment from Eclipse to IntelliJ.  

I first created a bom-pom-master project that most POMs will use as a parent.  I then created a core-lib project and setup the POM to inherit from the bom-pom-master.

The obvious reason is that when I built the bom-pom-master project it did not "install" onto the repository, so the core-lib project fails to see it. 

I realize I can manually run install, but I know that IntelliJ is able to automatically perform both steps on build or even execute.  How do I do that?