Promoting better business practices and raising financial management capabilities within the construction industry are two of the NZIOB's main goals, which are closely aligned the Construction Sector Accord's objectives. Under the Carters-sponsored Building Legends programme, experts from accounting and financial services firm, BDO have prepared a six-hour Financial Management workshop that will be delivered over two half-day sessions. 

Led by NZIOB member James MacQueen, BDO’s Construction Team has developed a deep understanding of the challenges that businesses within the construction industry face. BDO’s motivation to be involved in Building Legends matches the NZIOB’s; to play a role in raising the level of financial performance and resilience across the industry. The NZIOB is very appreciative of BDO’s support in delivering this workshop series.  

“Most senior staff in the construction sector entered the sector with a technical skill or qualification such as the trades, engineering, quantity surveying, or project management, and no formal training around business management and business finance”, says BDO’s Head of Construction Advisory, James MacQueen. “Either by promotion, or starting or purchasing a business, people quickly need new skills to manage their new responsibilities and to thrive. Financial Management in the construction sector is quite different to most other sectors and the BDO Construction Team are able to contribute both this sector-specific financial experience, and the lessons learned from other experienced and successful business owners, into two three-hour workshops.” 

The Financial Management workshop is aimed at:

• Those who have recently set up their own business or aspire to own their own business
• Practitioners who would like to up-skill their financial literacy within the construction sector
• Senior team members and sub-contractor firms, i.e. Quantity Surveyors, Project Managers, or Construction Managers who have (or are about to have) a shareholding in the business
• Owners or senior managers of the full range of businesses that operate in the construction industry, i.e. main and sub-contractors, design professionals, suppliers 

The two-part workshop is scheduled for 16 February & 2 March in Auckland, and for 18 February & 4 March in Christchurch. Each workshop session runs from 3pm-6pm and is limited to 30 participants. The NZIOB will investigate running the workshop in Wellington should there be a demand to do so. The cost to attend is $475 plus GST for NZIOB Members and $575 plus GST for Non-Members. Registrations are now open. Find out more and register online at nziob.org.nz/events.