Small-Firm CFO Roundtable Discussions
Jun 30, 2015 6:00am ‐ Jun 30, 2015 8:15am
Credits: None available.
Following a brief presentation based on survey results for the topic of IT Challenges sent to all Small CFMA Contractors, join your like-minded peers for thought-provoking roundtable discussions about this issues that are challenging small construction financial professionals. Back by popular demand with a new expanded open forum, this session is intended for the CFOs/financial management staff of contractors with revenues of $1-25M.
Medium-Firm CFO Roundtable Discussions
Jun 30, 2015 6:00am ‐ Jun 30, 2015 8:15am
Credits: None available.
Following a brief presentation on “Connectivity: Managing Employer/Employee Expectations,” join your peers for thought-provoking roundtable discussions about this hot topic among contractors of your size. Specific discussions to include:
New this year to the Mid-Size Roundtable will be an “Open Forum” period after the Connectivity discussion where you can bring your specific issues of concern to your peers for discussion. This session is intended for the CFOs/financial management staff of contractors with revenues of $25-100M.
- Connectivity: Managing Employer/Employee Expectations
- Constant connectivity, affecting how & when work gets done
- Work/life balance & connectivity expectations – during vacation, PTO, after hours, flex-time
- When (and how) to “shut down” and disconnect
- Policies to manage expectations
- Effect on employee retention
New this year to the Mid-Size Roundtable will be an “Open Forum” period after the Connectivity discussion where you can bring your specific issues of concern to your peers for discussion. This session is intended for the CFOs/financial management staff of contractors with revenues of $25-100M.
Getting Things Done through Emotionally Intelligent Leadership
Jun 30, 2015 8:30am ‐ Jun 30, 2015 9:45am
Credits: None available.
A growing body of research indicates that emotions are at the core of our decision-making, relationship building, and attention. Emotionally intelligent leadership can enhance efficiency, productivity, and organizational effectiveness. This session will introduce concepts of emotional intelligence in the context of personal and organizational performance.
Learning Objectives:
Learning Objectives:
- Describe the links among physiology, emotions, and performance.
- Choose a leadership style that brings out the best performance in others.
- Adopt surprising new strategies for remaining calm and confident under pressure.
- Proactively address the five social threats that undermine organizational change.
- Identify elements of organizational culture that can trigger threat response and limit productivity.
Measuring the Performance of Your Equipment Fleet
Jun 30, 2015 8:30am ‐ Jun 30, 2015 9:45am
Credits: None available.
This session divides commonly used metrics into two categories – those that measure inputs and those that measure outputs from the system. Input measures include physical units (such as labor hours) and cost measures (such as money spent on labor, parts, and consumables). Output measures focus on both the quantity of output (such as work done or hours worked) as well as the quality of the output (such as up-time and reliability).
Learning Objectives:
Learning Objectives:
- Define and establish relevant internal metrics for fleet performance management.
- Distinguish among deployment, utilization, and availability as important everyday metrics in equipment management.
- Appreciate the difference between owning cost per hour and operating cost per hour, and be able to use these metrics to manage fleet cost.
- Define at least two company-level metrics (such as contract revenue per dollar of equipment cost) for use in long-range capital investment planning
2015 Tax Update
Jun 30, 2015 8:30am ‐ Jun 30, 2015 9:45am
Credits: None available.
This session will review current tax court cases, trends incurring in tax audits, proposed legislation, IRS activities, and specific industry issues. Key issues to construction contractors include repairs and maintenance provisions, self-employment issues, and LLC issues.
Learning Objectives:
Learning Objectives:
- Update attendees on current tax cases and IRS activities.
- Update attendees on current tax cases and IRS activities.
- Update attendees on current tax cases and IRS activities Update attendees on current tax cases and IRS activities.
Construction Technology Forecast: Harnessing Integration, Mobile, Sensors & Augmented Reality
Jun 30, 2015 10:00am ‐ Jun 30, 2015 11:30am
Credits: None available.
This session will present the latest trends in building technologies, identifying short-term fads and long-term game-changers from mobile apps to augmented reality and drones. Learn about real companies that are researching and implementing the latest technologies and how they are impacting their construction projects. It will also explore the statistics behind the third annual Construction Technology Report, revealing how more than 1,000 construction professionals are employing and integrating technology on building projects.
Learning Objectives:
Learning Objectives:
- Review a brief history of cloud technology and the data security fears that accompany it.
- Learn the latest in construction solutions, including free web-based services and mobile applications you can implement today.
- Explore such technology as drones, augmented reality, wearables, and virtual reality, and learn how they are converging in the construction industry.
- Analyze case studies of how industry leaders are using innovative technology to inspire collaboration.
Revenue Recognition - Evaluating Performance Obligations & Variable Consideration
Jun 30, 2015 1:45pm ‐ Jun 30, 2015 3:25pm
Credits: None available.
The presentation will include case-based examples of contract scenarios to address the identification of performance obligations with the objective of informing participants about circumstances where revenue is recognized at the contract level and situations where the contract will contain more than one performance obligation revenue recognition elements. The examples will include opportunities for participants to evaluate the conditions where a performance obligation is distinct as that term is defined in the new standard.
Learning Objectives:
Learning Objectives:
- Participants will be able to evaluate contracts to determine whether revenue is recognized at the contract (as modified) level vs. at performance obligation levels.
- Participants will understand how to adjust the transaction price and related constraint for recognizing revenue related to variable consideration.
Strategies to Improve Employee Engagement and Recruit Top Talent in the Field & Office
Jun 30, 2015 1:45pm ‐ Jun 30, 2015 3:25pm
Credits: None available.
Finding, hiring, and keeping top talent is as difficult as ever, and since the Great Recession, the increased demand for this talent ensures this trend will continue. As a result, we are forced to look at new ways of meeting all hiring needs, especially for field personnel. Once talented employees are hired, companies should go to great lengths to ensure these new hires are fully engaged in and stay employed with the business.
Learning Objectives:
Learning Objectives:
- Understand the “costs” of losing top talent, which not only includes the cost of recruiting and training a replacement, but also the negative impact on the remaining employees.
- Understand the most effective non-monetary strategies to ensure top employees are fully engaged in the business so they may be retained and specific compensation strategies that help retention.
- Find out what employees want and expect from their companies and how accomplishing those desires and meeting or exceeding their expectations affect engagement and retention.
- Learn the key components of an effective recruiting function for field and office.
- Understand how social media, employer branding, and your hiring process impacts your recruiting success How to avoid common recruiting pitfalls.
Acquisition Activity in the U.S. Construction Industry -- Trends & Forecasts
Jun 30, 2015 1:45pm ‐ Jun 30, 2015 3:25pm
Credits: None available.
Construction company mergers and acquisitions represent a growing trend and an expression of strategic activity. This session provides insight into the underlying forces of this activity and an informed perspective on what will likely happen in the coming years.
Learning Objectives:
Learning Objectives:
- Investigate the reasons for contractor acquisitions.
- Explore foreign involvement and influence.
- Review financial requirements and surety influence.
- Understand the changing markets and the need for diversity
GCs & Subcontractors: Can't We Be Friends? Part II: Win-Win Contract Clause Negotiations
Jun 30, 2015 1:45pm ‐ Jun 30, 2015 3:25pm
Credits: None available.
In this program, troublesome construction contract clauses will be examined and potential solutions addressed by a panel of industry members representing GCs and major subcontractors. The program will focus on a range of potential compromise solutions to the troublesome clauses, and provide practical tips to expedite a “win-win” resolution for the parties involved. Open discussion among panel members and audience participants will be encouraged.
Learning Objectives:
Learning Objectives:
- Address troublesome construction contract clauses on the front end of projects.
- Arrive at effective solutions to troublesome construction contract clauses.
- Place parties to construction contracts in a “win-win” situation when addressing troublesome construction contract clauses.
- Engage in robust dialogue among panel members and audience participants to obtain advice and anecdotal information.