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AIACC Practice Management Course #aeck-PRA107a: Ownership and Leadership Transitions - Demystified

Presented by: Michael Strogoff, FAIA
Strogoff Consulting, Inc.

AIA/CES Learning Units: 1.0 Hours

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Course release date: June, 2011.

When planning an exit strategy and ensuring the continuity of their firms, many owners of architectural, engineering and planning firms wait too long to implement an effective succession plan. This 60-minute continuing education course demystifies the process and shows how to develop a timely ownership and leadership transition plan that supports personal and strategic business goals.

Topics include:

  • Why ownership transitions are more difficult to accomplish in the current economic climate;
  • The range of ownership transition options available;
  • The pros and cons of a structured internal ownership transition versus selling a firm externally;
  • Detailed considerations for structuring an internal transition, including criteria for identifying future owners, components and metrics of firm valuations, and keys to success in crafting a flexible ownership transfer plan.

This course will enable owners to make informed decisions about whether to pursue an internal or external transition, and provides a roadmap for internal ownership and leadership transitions. Course viewers may also download a full written transcript.

For technical questions or questions about reporting your AIA credits, please email support@aecKnowledge.com or call 415.755.3058

(As licensing requirements differ by state, please check with your state licensing board to ensure that this course meets their specific continuing education requirements.)

Course Prices: $35 AIA members, $50 non-members

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