Product Overview
Success in business does not happen by chance—it’s the result of strategic planning. Yet many construction companies fail to prioritize it. In just two half-day sessions, we will explore proven strategies through the lens of a $25M mechanical contracting firm preparing to scale. Discover how intentional planning can drive lasting growth and profitability.
Key benefits of strategic planning:
- Vision & Direction: Creates a clear future goal and a practical plan to achieve success.
- Aligned Goals: Ensures everyone in the company works toward the same objectives.
- Resource Optimization: Improves the utilization of people, time, and financial resources.
- Motivation & Commitment: Drives team engagement and accountability.
- Performance Standards: Establishes measurable benchmarks to gauge progress.
- Flexibility: Allows for adjustments as circumstances evolve, ensuring long-term adaptability.
What will you learn?
- Strategic Growth Plan:
- Build a success framework with clear action steps and financial milestones.
- Use SWOT analysis to guide strategic decisions.
- Annual Business Plan:
- Write a compelling executive summary and set focused business goals.
- Address sustainability, analyze competitors, and track market trends.
- Develop revenue strategies, calculate break-even points, and form strategic partnerships.
- Financial Plan:
- Create detailed annual and monthly forecasts and monitor key performance indicators (KPIs).
- Forecast profits and analyze balance sheets to track financial health.
Who should attend?
This course is for managers responsible for driving growth and guiding company direction. Whether you lead operations, finance, or strategy, you will strengthen your strategic thinking and improve decision-making.
Industry Credits
- This course is worth 2 gold seal credit.
- This course is worth 7 Informal Continuing Professional Development (CPD) credits as approved by BC Housing.
Course Format
- Live, Online, Instructor-led training. This is a highly interactive course facilitated by the instructor on a video platform.
- You will be expected to have your webcam on during the whole class and participate in break-out rooms, small-group discussions, and other activities with your instructor and classmates during the course.
- Course access information will be provided to you in advance of the training by your instructor
- 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.
Course Requirements (Technology & Participation)
This course requires full face-to-face interaction and participation from both the instructor and students. In order to attend, you’ll must make sure you have the following:
- Computer or laptop with webcam (webcams are mandatory): This course will involve 100% 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.
Refunds or Transfers:
- Five (5) or more business days before the course start date: Full refund of registration fees or can be transfers to a different course date.
- Less than five (5) business days before the course start date and course no-shows: No refunds or transfers to future course dates.
- For a complete document on the NRCA Education Policies, click here.
Other Policies
- Substitution of another member of your company/team is permitted up to the course start date for no additional fee.
- 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 the course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.
- If the NRCA has to postpone or cancel courses due to insufficient enrolment, NRCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future.
