June 18, 2021 10am-12pm

Lunch provided at 12 for in-person attendees

In-Person: East Dining Hall @ JMU

1681 Carrier Dr, Harrisonburg, VA

Virtual- webinar link - email  Tori@designelectric.com

Register online at blueridge.cfma.org/events

2 Hours CPE

Workshop: Succession at All Levels for Contractors

Succession happens at all levels of a construction company, not just in regard to ownership. There is no single perfect solution for succession and there is an incredible difference between contractors in how effectively they manage the succession process. For every role you plan to fill for succession, you also need to backfill the preceding positions. What is the value of systematic succession at all levels? Under current market conditions, how can succession planning be used to build a stronger company?

This workshop brings together the most relevant principles, strategies, tactics, and tools based on individual experiences in the field as contractors, lessons learned working with hundreds of contractors across the United States, and experience of the many other experts in the construction industry and industry partners.

Learning Objectives

Navigating the Current Labor Market/Shortage: Learn how a well-defined and executed succession plan positively impacts your company’s ability to scale in spite of the shortage of craft and management labor.

Organizational Planning: How to navigate succession issues specific to contractors. How to objectively evaluate your company, team, and their relationship to the company mission, vision, and succession.

Communicating the Value of a solid succession plan across the team: Techniques for pragmatically quantifying the opportunities along any career path in your organization.

Owners should be critically interested in succession at all levels: How to change competing interests into aligned interests between those leaving and those staying. How does effective succession impact the value of the business under any exit strategy?

Who Should Attend:

Any Contractor within 10 years of succession

Owners, Executives, and Operations Managers

Financial Managers

Entry Level - No Prerequisites

Due to the level of interaction with the attendees, this workshop will be most beneficial to participants that attend in person.

Refund Policy

We will refund your payment within 30 days due to the event coordinator's cancellation. Payment is otherwise nonrefundable.

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.nasbaregistry.org/

Thank you to our Annual Sponsor: United Bank

Since our founding in 1839, we've remained financially strong and service-oriented, valuing each relationship, personal and business, no matter the size. Our superior service is a result of having the best employees who live our Core Values every day; Integrity, Hard Work, Team Work, and Caring. Allen Schirmer, Sr. V. P. Business Banking, (540)432-9300 allen.schirmer@bankwithunited.com

Thank you to our Catering Sponsor: 

$10.00 for Members

$40.00 for Nonmembers

Speaker Bio: Courtney Stearns

A senior consultant with D.Brown Management a Construction Advisory Services firm. Courtney has 38 years working in the construction industry helpingcontractors grow their business in a sustainable and profitable fashion. A core component to the success his clients have had is centered on the notion thatsustainable, scalable growth happens when you build improvements in this order: Talent First --> Process Second --> Systems Third. Succession planning is a keycomponent of the “Talent First” approach.