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More InfoCasinos & Car Dealers, an Interesting Parallel to Being Data Driven & Data Actionable
Oct 31, 2023 - 3:00 PM (ET) - Live, Online
Hosted by CFMA
About this Event
This is one of four post-event encore virtual sessions from AGC/CFMA’s 2023 Construction Financial Management Conference. All CFMC attendees will be pre-registered for all four sessions at no additional cost.
Tuesday, October 31, 2023
3-4:15 PM (ET), 12-1:15 PM (PT)
If you have ever wondered why you weren’t getting those amazing upgrades at the casino, it could be because the casino knows more about you than you think, including how much you spend, where you spend it and when you sit in your room after a night of losing. So what? In a world where we hear so much about data, the people that run the casinos took actionable steps to make their business more profitable (which almost seems unfair). Auto dealers do much of the same thing in how they track and monitor potential buyers. In the world of construction, firms sit on a veritable gold mine of data but how many of those firms regularly use that data to make better decisions. It is one thing to be data driven and quite another to be data actionable. Construction organizations must undergo transformation to think strategically and incorporate such elements as seasonality, customer proclivities, environmental factors, supply chain variability, and even crew productivity in how they price work and position themselves in the market.
After this session, attendees will be able to:
- Examine the role of data-driven strategy and best of class firms through case studies.
- Understand how to mine select data to make it actionable for YOUR firm.
- Examine the impact of data in the construction industry and how it compares to other industries.
- Understand the types of data that firms could capture and how this could influence decision making.
Level & Prerequisites
This is a group internet-based webinar at the Intermediate Level. No prerequisites or advanced preparation is required.
CPE Information
Earn 1.5 CPE credits in the field of Finance.
CCIFP Information
Earn 1.5 Professional Development credits which can be applied to either the General or Construction Knowledge category.
Who Should Attend?
- Business Owners
- CFOs
- Controllers
- CPAs
- Professional Advisors
Price
- CFMC attendees will be pre-registered at no additional cost.
- $49 for CFMA Members
- $69 for non-members
This is one of four post-event encore virtual sessions from AGC/CFMA’s 2023 Construction Financial Management Conference. All CFMC attendees will be pre-registered for all four sessions at no additional cost.