All businesses must transition ownership and leadership positions at some point, whether because of retirement, resignation, dismissal, or other unplanned or opportunistic circumstances. For the construction industry, the prevalence of an aging baby boomer generation of business owners is building a significant need for transition planning. Despite this trend and the awareness organizations have about the importance of this type of strategic planning, many construction businesses do not have a formal transition plan in place.
Developing a plan to handle management or ownership succession can be a complex and sensitive issue, but smooth transition is critical to the future success of a construction business. Join us for the first in a series of webinars exploring the fundamentals of planning and executing successful succession.
Our first presentation will review the critical steps necessary to align ownership and succession planning with an organization’s strategic goals. Attendees will learn to:
- Evaluate your organization’s current state of readiness for succession
- Conduct crucial conversations that allow for the development of unified goals for the organization
- Align succession plans with company strategic goals
Future presentations will explore common scenarios for ownership transition in the construction industry, market trends, value drivers, and more.
Who should attend
- Business owners
- Chief financial officers
- Executive-level managers
- Other construction professionals involved in succession planning
- Tom Sheahan
- Jaime Lawson
- Laura Cataldo
Information about CPE eligibility
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.
CPE credit: One (1) hour total credit
Field of study: Management Advisory Services (MAS)
Please indicate on the registration form if you would like to receive eligible CPE credit for this webinar event. A certificate of completion will be e-mailed to you four to six weeks after the event.
For more information regarding administrative policies such as complaint and refund, please contact our offices at 608 240 2522.
Baker Tilly Virchow Krause, LLP 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: www.learningmarket.org.