Strategic Planning for Growth | Live, ONLINE

Business success is not an accident, it is planned – yet, very few construction companies regularly practice any type of strategic planning. Strategic planning will transform your business. Imagine being able to make better than average profits, expand your capacity, ensure success and build a healthier company. This course was designed to do just that. It isn’t a miracle cure, it’s a program that teaches the fundamentals of strategic planning to construction professionals.

Designed exclusively for contractors, this course is based on a hypothetical, privately-owned company whose three principal shareholders have grown their business into one of the foremost mechanical contractors in the province. With annual revenues of $25M, the shareholders recognize that operations and profits are stable and feel that now is a prime time to grow the company to a new level.

In this course you will focus on enhancing strengths and opportunities and mitigating weaknesses and threats to your company. By carefully working through all the necessary segments, you will learn how to create comprehensive strategic, financial and business plans. In addition, you’ll discuss a major issue facing contractors today: the forecasted labour shortage by 2030. You’ll identify methods to address this issue in your company and consider how the problem impacts the construction industry as a whole.

Finally, you’ll walk away with a comprehensive course manual filled with the methods and strategies you need for your business.

Every manager who contributes to your company’s success and growth will benefit from this course: owners, department and division managers, project managers and coordinators, field supervisors, estimators, administrators, senior accountants, controllers. Be prepared for an in-depth, analytic review of your company and expect to leave the class with detailed strategies and plans to address your business needs.

Learning outcomes:

• Identifying and capitalizing on strengths and opportunities
• Discovering and mitigating weaknesses and threats
• Setting short and long-term goals and milestones
• Overhead controls
• Constructing and implementing a 3-year Strategic Growth Plan
• Developing an extensive Financial Plan
• Creating a comprehensive Business Plan
• Controlling results with KPIs (Key Performance Indicators)
• Increasing revenues by 16% and cash by $456K (per the construction model used in the course)

• Live, Online, Instructor-led training
• This course is facilitated by the instructor on the Zoom platform. Access information will be provided to you in advance of the training.
• Full attendance and participation in all sessions is mandatory for course completion. If a student misses a class session, we are unable to transfer registration or provide a partial refund of the registration fees.
• This course is delivered in partnership with local construction associations. You will be participating with a cohort of industry peers from multiple regions.

Please ensure you meet the following requirements:

• Computer or laptop with webcam and microphone. Webcams are required. This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a webcam and use a full computer/laptop, and we do not permit students to attend using a tablet or cell phone.
• A quiet space with minimal distractions: Please plan to be fully engaged in the class and clear your work schedule just as you would for attendance in an in-class program.