Product Overview
Benefits of Planning
Planning creates a focused vision, provides an action guide, directs management 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.
Combining strategic planning with a focus on financial management, participants become equipped with the skills and knowledge needed to develop robust business plans, make informed strategic decisions, and drive business growth and profitability. They will enlarge their understanding of how strategic planning, market analysis, revenue strategies, financial projections, and performance measurements are interconnected and essential for achieving long-term success.
Learning Outcomes:
- Strategic Growth Plan: Set the success framework, action steps and financial milestones by evaluating strengths, weaknesses, opportunities and threats
- Annual Business Plan: Delve into executive summaries, objectives, competitive analyses, market insights, revenue strategies, costs reductions, break-even points, and strategic partnerships.
- Financial Plan: Become skilled at the art of annual and monthly projections, key performance indicators (KPIs), profit forecasts, and balance sheet analyses.
Who Should Attend
By investing in professional development opportunities offered in this course, companies can empower their managers to make better strategic decisions, improve project outcomes, and stay competitive in the construction industry.
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.
