In the 2023 Canadian Architectural Practices Benchmark Report, half of architecture firms identified economic factors as one of the greatest challenges to the profession in the coming decade, followed by challenges relates to work-force and human resources. These two sets of issues intersect in succession planning, which is at the forefront of firm leaders’ strategy to build long-term value and generate sustainable growth and profitability for their firms. In this one-hour Webinar we will focus on the development of the next generation of firm leaders and the key elements of a well-planned organic employee succession plan.
- Strategy, Growth and Firm Value
- Financial Literacy and Executive Financial Dashboards
- Pathway for Employees towards Management and Ownership
- Employee Succession Models and Plans for Internal Ownership Transfer
Learning Outcomes
At the conclusion of this session, participants will be able to:
- Analyze the use of key industry financial metrics to manage operations, guide strategy, and build firm value.
- Evaluate a range of incentives and programs to engage and develop high potential employees
- Describe the phases of an organic internal employee succession plan
- Develop a comprehensive understanding of employee succession models and strategies to facilitate internal ownership transfer, ensuring sustainable growth and long-term firm value.
Speaker Elaine Pantel
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Elaine Pantel is a seasoned independent consultant with over 30 years of experience, including more than 20 years of providing strategic advisory services to executive leaders in the Architecture, Engineering, and Design (AED) industry. Before transitioning to independent consulting, Elaine was a Partner at a Toronto-based CPA firm, where she honed her expertise consulting in the areas of firm value generation, succession planning, financial literacy and M&A. Elaine’s deep understanding of the AED industry's unique challenges and strategic goals has empowered firm leaders to achieve sustainable growth and long-term success. She has designed and delivered educational presentations for prominent industry organizations such as the OAA, OALA, BEAT, and SDA Canada. |
Pricing A-La-Carte
Intern Member: $35 / Intern Non-Member: $50
Student: $25 (must be an RAIC student associate member)
Note:
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An electronic registration confirmation will be emailed to you, once your registration is complete.
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Please mark the webinar’s date and time on your calendar.
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The RAIC will email the Zoom Access Link to you one-day prior the event.
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The webinars will be delivered via Zoom. Please check this Zoom Test Link or speak with your IT Consultant ahead of time, to ensure your device is compatible with Zoom. For technical concerns, please see the Zoom links for Technical Requirements and also their Download Centre.
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