Session Title: Practice of Architecture: How to Create a Culture of Success and Succession
Educational Track: Practice
Session Code: SA0519
Date: Saturday, October 19, 2019
Time: 9:30 AM – 11:00 AM
LU/HSW: 1.5 LUs
Navigating generational changes and developing a succession plan for your firm can be challenging and overwhelming. Through the use of case studies and real-world examples, a moderated panel will provide participants with the tools necessary to confidently and comprehensively handle the nuances of generational changes within the architectural firm’s practice, evolution of firm ownership structures, and implementation of changes in leadership, as well as those topics surrounding every day professional practice of a design professional. Participants will also learn how to address the architectural practice’s structure and ownership changes at the outset, including evolution in the workforce, younger talent retention, transition of leadership and non-licensed ownership opportunities.
Learning Objectives: By the end of this session, participants will be able to:
- Discern available practice ownership structures and understand how the various forms of ownership affect each other in the current work environment,
- Identify best practices for negotiating key provisions favorable to her or his position in ownership transitions,
- Examine how to quickly recognize and mitigate risks in practice management,
- Expand upon their understanding of the leadership transition from the perspective of various industry stakeholders and consider efficient procedures for effectuating change.