Much like the transformation of the CIO during the early 2000s, the role of the CFM will change. Companies will require CFMs to lead differently. Tomorrow’s CFM must lead their teams into a new era of financial management where cross-departmental strategies are designed with input and insight from and through the financial lens. This session will explore four characteristics of modern leadership.

Learning Objectives:

• Identify the factors impacting the current role of the CFM
• Discuss what “having a seat at the table” means and how CFMs can help design company futures
• Provide a four-step process in employing discipline, networks, confidence and new frontiers and how these simple steps will change the way CFMs lead
• Explore two case studies of individuals who are redesigning their roles, their teams, and the future of their companies

A shift in workforce dynamics in the construction industry has been rapid and substantial in recent years. Attracting and hiring talent today requires a reset of how we view and execute the hiring process. In this session, key workforce drivers and how they impact hiring and interviewing will be discussed, as well as strategies for handling these dynamics, attracting the right candidates, and identifying the wrong candidates.

Learning Objectives:

• Gain an understanding of workforce dynamics that drive candidate behavior
• Discover the underlying reasons job ads may not generate results
• Learn how to handle the difficult candidate conversations from real-life role-play
• Prevent “ghosting” and declined offers that waste company time and money

This session offers 1.5 cpe credits in the field of Personnel/Human Resources.

During this panel discussion, learn how future trends in technology are affecting the heavy/highway sector from all industry vantage points.

Learning Objectives:

• Understand current and future technology trends in the heavy/highway sector from materials production, construction, maintenance, and management/finance.

This session offers 1.5 cpe credits in the field of Information Technology.

For contractors who self-fund their medical plan, there are few areas of significant financial exposures with risks often unknown and unmanaged until it is too late. Using specific, recent, and highly relevant experiences from Banks Construction, this session will detail these risks in stop loss and leave/absence management for contractors. Further, Banks Construction CFO Bill Zobel will outline his newly enacted risk/financial mitigation and best practices to remove/drastically reduce these potential multi-million-dollar risks.

Learning Objectives:

• Create a detailed map of financially significant – and largely unseen – risks generated by self-funded health plans
• Identify risk management strategies through examples of direct P&L impact to Banks Construction
• Discover Best in Class language and health plan/stop loss “plan mirroring” strategies to remove blind risk from contractors’ financials
• Learn lessons and best practices for leave management and documentation protocols to remove blind risk from contractors’ financials

This session offers 1.5 cpe credits in the field of Personnel/Human Resources.

For many organizations, accuracy in projected project financials means more than an educated guess. Significant changes in the forecasted performance of projects highlight internal weaknesses in financial talent. Proper processes, training, and a culture of teamwork are key to improving this critical skill set. This session will discuss best practices in financial controls, technology deployment, and the roles and responsibilities necessary to create a predictable outcome in construction jobs.

Learning Objectives: 

• Define the structural components of effective financial controls
• Discuss the roles and information-sharing required for an accurate forecast and outcome
• Use technology to share real-time information to drive project production and profitability

This session offers 1.5 cpe credits in the field of Accounting.

In most organizations, there exists a significant disconnect between strategy and finance. Irrelevant data, growing complexity, and impertinent measures keep business leaders from focusing on the key issues. A rampant lack of financial knowledge plagues the entire strategy process and stifles value creation. This session will present the entanglement between finance and strategy and help financial and non-financial leaders discover the story behind the numbers to drive holistic business value.

Learning Objectives:

• Define the fundamentals of value-based management
• Describe how to capture value through a price premium, cost and capital efficiency, and growth
• Understand how to transform the role of the CFO to drive success in the modern business environment

This session offers 1.5 credits in the field of Management Services.