Success in business is intentional, not accidental. Yet, many construction companies overlook the power of strategic planning. While strategic planning requires effort, the benefits are significant and enduring. Join us to unlock the strategies that will help your company thrive as we focus on a hypothetical $25M mechanical construction company looking to scale its operations.
“You are so sincere and compassionate in your delivery. Now I understand why accountants do what they do and that their goals are to help contractors improve their businesses.”
The course is worth 2 Gold Seal Credits
Strategic Planning for Growth will help you understand:
- Strategic Growth Plan
- Annual Business Plan
- Financial Plan
- Support Information
CCA Member $399(+GST) Non-Member $499 (+GST)
Additional Details
LEARNING OUTCOMES:
- Strategic Growth Plan:
- Develop a comprehensive success framework, identify key action steps, and set financial milestones.
- Analyze your company’s strengths, weaknesses, opportunities, and threats (SWOT) to inform strategic decision-making.
Annual Business Plan:
- Craft an effective executive summary and set clear business objectives.
- Explore sustainability considerations, conduct a competitive analysis, and gain insights into market trends.
- Create revenue strategies, determine break-even points, and build strategic partnerships.
Financial Plan:
- Master the creation of annual and monthly projections and track key performance indicators (KPIs).
- Learn to forecast profits and perform balance sheet analyses for financial health monitoring.
Support Information:
- Explore gross profit factors, leverage training grants, address the skilled labour shortage, and identify innovations within the industry.
- Discover the role and opportunities for women in construction and how they contribute to growth and diversity in the industry.
- Equip yourself with the tools and strategies to lead your company’s growth and build a sustainable future.
BENEFITS OF PLANNING:
Planning creates a forward-focused vision, provides an action guide, directs everyone’s actions toward desired outcomes, improves resource utilization, provides motivation and commitment, sets performance standards and allows flexibility. Strategic planning is a lot of work, but the benefits are lasting.
This course is essential for managers who play a key role in your company’s growth and direction. Whether you’re leading operations, finance, or strategy, this course will help you sharpen your strategic vision and decision-making skills. Many peers have already enhanced their leadership capabilities and contributed to their company’s success by participating—now it’s your turn to take your skills to the next level.
This course is delivered in partnership between your local construction association and other associations throughout Western Canada. You’ll be participating in a cohort with industry peers from across these regions.
Wayne Newell, Wayne Newell Management & Seminar Services
For over 35 years Wayne provided financial leadership to companies throughout Canada, the United States and the Caribbean. Now retired, he was formerly a designated CMA (Certified Management Accountant). As your course developer and instructor, he has a deep background of experience in accounting – specifically in the area of construction contracting – and is enthusiastic about passing on his industry knowledge and insight.
During his seminars he discusses his experiences in implementing specific techniques, methods and strategies used to help contracting companies increase profits, control and/or reduce costs and improve cash flows. In the past twenty years Wayne has presented his exclusive Construction Management Courses to over 3,500 construction professionals from St. John’s to Victoria. He was awarded his CMA designation in 1972.
This course is highly interactive, you must have the following:
- Computer or laptop with webcam: 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 an in-class program.
Cancellation Policy:
Payment is non-refundable for cancellations made within 5 business days of the course, or non-attendance on the day. Complimentary substitution of another member of your company is accepted. If CCA has to postpone or cancel courses due to insufficient enrolment, CCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future. Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.
CANADA – ALBERTA JOB GRANT
The Canada-Alberta Job Grant is closed for applications until March 31, 2025. This closure is due to the federal government’s decision to cut funding delivered under the Canada-Alberta Labour Market Transfer Agreement.
Applications submitted prior to the closure will continue to be processed. You can read more about the reasons for this closure in the Minister’s Statement.
Did you know!! Eligible employers can get government funding to help employees access training opportunities. The Canada-Alberta Job Grant will give you up to 2/3 of the registration fee (up to $10,000/employee/fiscal year) for training. Whether taking one course or a combination of courses, the total training must be a minimum of 21 hours and be completed within 52 weeks.