Strategic Financial Planning: Skills and Implementation

Chase Center on the Riverfront • Wilmington, DE
TOPIC FOCUSED
?

18

JUL

15

JUL
Status: OPEN
Certification Credits: 30 BCP / 30 IACP

$3,073 Non-Member

Travel and accommodations not included

[$2,612.00 Gold Member]

I received clear, practical, guidance on how to do a strategic plan. The booklet is very helpful for a guide to take with us.

Nava Hall, Business Office Manager
The School in Rose Valley, PA
Workshop Participant 2017


CPE Certified Course by Independent School ManagementParticipants may earn up to 21 CPE credits for this workshop
See the CPE tab for details.


This workshop earns 30 credits towards your IACP credit requirements

This workshop earns 30 credits towards your BCP credit requirements

Bring your team and receive a special tuition rate of $2,096 per each additional person. Call 302-656-4944 to register your team members.

Increase cash reserves, enrollment levels, and long-term viability. These are the goals at every school—and they are attainable if you have the right strategic financial plan.

ISM’s proven approach to strategic financial planning helps you experience financial success now, while positioning your school strongly for the future.

Topics Include:

  • Learning, using, and taking home ISM’s 13-line financial planning model to support your school’s strategic plan
  • Identifying your critical, high-impact, strategic numbers and translating those into an understandable, user-friendly communications tool for your Board and Leadership Team
  • Calculating your Stability Marker score using our proven criteria—These are the items that strongly correlate to a school’s ability to sustain excellence over time
  • Discovering what your Stability Marker score implies for your school’s future so you can take action now
  • Understanding ISM’s research-based system for constructing a strategic plan and supporting your strategic financial plan to serve as your six-year framework, with the flexibility to adapt to subsequent yearly changes

Who Should Attend:

New and veteran Board Presidents, Chairs of the Finance Committee and other key Board-committee leaders, School Heads, COOs, CFOs, Business Managers, and other senior administrators should attend.

staff photo karen illi

Karen Illig, BCP-E

ISM Consultant | Vice President of Finance and Support Services and Chief Financial Officer at Pine Crest School

Expertise

Karen has extensive experience in managing facilities, operations, food service, auxiliary programs, human resources, finances, accounting, real estate, and technology within private-independent schools. Her work with students includes Upper School student advisor; outdoor challenge program advisor, student community service advisor, and program chaperone for ski, lacrosse, field hockey and ice hockey teams.

Current Role

Karen is an ISM Consultant and a member of ISM Business and Operations Academy faculty. In this role, she teaches workshops, conducts webinars, and consults on business and operations best practices at private-independent schools.

Karen also serves as the Vice President of Finance and Support Services and Chief Financial Officer at Pine Crest School; a PK-12 private day school serving 2,600 students in Boca Raton and Fort Lauderdale, FL.

Prior Experience

Karen’s professional experience includes Vice President of Consumer Finance at HSBC Bank; Assistant Treasurer at Moog, Inc.; CFO at Nichols School in Buffalo, NY; CFO at The Center for Early Education in Los Angeles; and CFO at Westtown School, a Quaker day and boarding school in West Chester, PA.

Karen has served on over 10 nonprofit and for-profit boards, including the National Business Officers Association, the New York State Association of Independent School’s Business Affairs Council, and Psyrus, Inc.

Education

Karen holds a bachelor’s degree in Sales and Marketing and an MBA in Strategic Financial Management from the University at Buffalo. She is a graduate of the CBA School of Bank Management at the University of Virginia’s McIntire School of Commerce, where she received The Thomas Jefferson Cup for her strategic studies.

• Continental breakfast is available starting at 7:15 am on Day 2

Day 1

2:30-3:30 Registration

3:30-5:00 Session One

5:00-5:30 General Session

5:30-6:00 Reception with ISM

6:00 Dinner with ISM

Day 2

8:30–10:15 Session Two

10:15-10:30 Break

10:30-12:15 Session Three

12:15-1:15 Lunch with ISM

1:15-3:00 Session Four

3:00-3:15 Break

3:15-5:00 Session Five

5:00–6:00 Reception with ISM

Day 3

8:30–10:15 Session Six

10:15-10:30 Break

10:30-12:15 Session Seven

12:15-1:15 Lunch with ISM

1:15-3:00 Session Eight

3:00-3:15 Break

3:15-5:00 Session Nine

5:00–6:00 Reception with ISM

Day 4

8:30-10:15 Session Ten

10:15-10:30 Break

10:30-12:00 Session Eleven/Action Planning

Workshop Location
Chase Center on the Riverfront
815 Justison St.
Wilmington, DE 19801

Hotel Location
Westin Wilmington
818 Shipyard Dr.
Wilmington, DE 19801
302-654-2900

Group hotel reservation rate of $169 is available until June 16, 2018. Subject to availability. Please wait until the workshop status is 'confirmed' before making your travel and hotel arrangements.

Once you have registered for a workshop by clicking on the RESERVE YOUR ROOM link above or calling 302-654-2900 and letting them know you are with ISM. Follow the hotel link on your workshop page for room rates and reservations.

The riverfront has a lot to offer you to occupy your downtime after an intense day of professional development training. Follow the river walk for restaurants, the Russell Peterson Wildlife Refuge and the DuPont Environmental Education Center, the Delaware Children's Museum, and Stratosphere Trampoline Park, to name a few.

Take in a movie at the new Penn River Cinema, with not only comfortable stadium seating but also an IMAX theatre. At various times during Summer Institute, the Class A Wilmington Blue Rocks will take to the diamond at the next-door Frawley Stadium. For Planet Fitness members, there is a large facility across from the Westin.

The outstanding River Rock Kitchen is right inside the Westin, but you are also walking distance to the first-class Iron Hill Brewery, Delaware's Big Fish Grill, Timothy's on the Riverfront, Joe's Crab Shack, and Firestone; Udon Thai Cuisine and Del Pez for Mexican; Molly's Ice Cream (sandwiches too!), the Riverfront Market and Harry's Seafood Grill just a little further down the Riverwalk. If you need your fix, yes, there is a Starbucks too...and a Subway.

You can also hop one of the Dart First State Route 12 Riverfront buses to go to LOMA, or Lower Market Street, for more excellent restaurants we well as the Queen Theatre.

Getting There

Please do not make any non-refundable travel arrangements until you receive an e-mail from ISM informing you the workshop is confirmed to run.

By plane and shuttle: Philadelphia International is the closest airport. A shuttle to Wilmington —a 45–60 minute ride, depending on traffic—costs about $33 each way. Visit the del express.com reservation page and enter 207866 at the bottom under FREQUENT USER ID.You can reach Delaware Express at 800.648.5466.

Flights to Baltimore (BWI) can be less expensive, but it is an 80-mile trip to Wilmington. A shuttle costs about $125 each way, or you can rent a car at the airport.

By train: There is an Amtrak station in downtown Wilmington. You can request the hotel shuttle for transportation.

By car: Click here for directions from the Philadelphia Airport to the Westin Wilmington.

Continuing Professional Education (CPE)

CPE Certified Course by Independent School ManagementParticipants may earn up to 21 CPE credits for this workshop

Independent School management is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

In accordance with the standards of the National Registry of CPE Sponsors, CPE Credits have been granted based on a 50-minute hour.

  • Program level: Overview
  • Prerequisite: None
  • Advanced Preparation: If attendees are asked to bring any school data with them, they each will receive this list prior to the start of the workshop.
  • Field of Study: Business Management & Organization
  • Delivery Method: Group Live
  • See Administrative Policies below for Record Retention, Tuition, Complaint Resolution, Cancellation, Course Update, and Refund policies.

Administrative Policies

Record Retention

ISM will maintain all workshop records electronically for for five years. This includes:

  • Dates dates and locations; course materials; presentations.
    Faculty roster, contact information, and biographies (also included in the workbook)
  • Individual registration/participation records
  • Individual session attendance transcripts with CPE credits earned
  • Certificates of Completion
  • Primary workshop marketing material (pdf form)
  • Evaluation results and reports

Past attendees may request their individual records by emailing workshops@isminc.com and indicating their name, school, and year they attended the workshop.

Tuition Payment

Full tuition payment is expected at time of registration; however, individuals may register with a $600 deposit through April 20, 2018. The balance is due before the start day of the workshop. Any attendee with a balance due on the start date of the workshop will not be permitted into session until the balance is paid.

Complaint Resolution

ISM takes feedback and evaluations very seriously, and we offer up to a 100% refund to individuals who are not satisfied with their experience. ISM strives to give every registered attendee the best experience possible.

During the workshop we ask that attendees bring issues to the attention of the ISM staff either in person or via email. We will do everything in our power to correct the situation on site.

We review every end-of-course evaluation form closely. The workshop leaders and the ISM President review all evaluations and will address any below-average grade for refunds up to 100%.

After the workshop, registered attendees may direct any complaints to the ISM Workshops Department, 1316 N. Union St., Wilmington, DE, 19806 or workshops@isminc.com. Complaints will be taken to the ISM President for resolution.

Complaints regarding ISM as registered a sponsor may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. ISM’s Sponsor ID is 140060.

Refund/Cancellation Policy

Cancellation by Individual Attendee

Individuals are permitted to cancel at any time before the start date of the workshop. Cancellation requests must be in writing via fax (302-656-0647) or email (workshops@isminc.com).

Individuals who cancel at least 10 business days prior to the start of the workshop will receive a full refund of monies paid within 30-60 days of cancellation. Thereafter, 1-9 days before the workshop start date, individuals who cancel will have all but $600 refunded within 30-60 days.

Individuals who do not cancel in writing prior to the start date of the workshop will forfeit the entire workshop tuition.

Please note that non-payment of tuition does not constitute a cancellation.

Program Cancellation by ISM

When the workshop has the minimum registration to provide the best learning experience for the attendee, the Academy will be confirmed to run, and registered individuals will receive an email notification to proceed with travel arrangements.

If ISM is forced to cancel the scheduled workshop due to insufficient registration, registered individuals will receive an email notification that the Academy has been cancelled and all tuition received will be refunded within 30 days. ISM will make that determination no later than three weeks prior to the start date.

We ask all registered individuals not make non-refundable travel arrangements until you receive notice that your workshop is confirmed. (ISM will not be responsible for any change/cancellation charges assessed by your airline or travel agent.)

We do not accept enrollments from consultants.

How will ISM communicate workshop information with me?

It is essential that your school approves the following e-mail addresses from ISM:

workshops@isminc.com
marie@isminc.com
tomi@isminc.com

You will be receiving all communication—including your confirmation e-mail and access to your workshop's Google Drive account—from these e-mails.

What does my registration fee include?

All workshop materials, breakfasts, lunch or dinner daily, and social hours are included.

What is not included in my registration fee?

Hotel accommodations and travel expenses, other meals not noted.

What should I wear?

Meetings rooms are generally cold, as temperature control in meeting spaces and large convention centers is difficult. Please bring a sweater, jacket, or sweatshirt.

Summer temperatures average mid-80s to a low of 65. It can get quite hot—into the 90s—and humid. The classrooms and guest rooms are usually comfortable, but you may want to dress in layers in case the rooms are too warm or too cool for you. Dress is casual. Wear whatever is comfortable—jeans, sweat shirts, sweaters, etc. For current weather conditions, we recommend checking weather.com.

What should I bring?

You’ll receive a letter from your workshop instructor letting you know what to bring. However, please bring a laptop or tablet for online access.

Where can I work out?

The Westin has a state-of-the-art fitness room and an exercise pool. Planet Fitness members can walk across the hotel parking lot to the expansive Riverfront Planet Fitness facility. The Riverwalk provides an excellent running and walking path as well.

Can my special dietary requirements be met?

Absolutely. Just give the Workshops Department a call at 302-656-4944, and we'll make sure your needs are accommodated.

How much free time will I have?

There are periods before, between, and after workshop sessions for relaxation, recreation, and socializing.

Should I need medical or dental attention, where should I go?

Should you need medical attention in a non-emergency, notify ISM staff and the hotel staff. The hotel can recommend what facilities are available, and may be able to supply transportation. In an emergency, call 911.

Confirmation Policy

We will correspond with you through e-mail as soon as your workshop is confirmed, no later than two weeks prior to its beginning. Occasionally, we may be forced to cancel an unconfirmed, scheduled workshop due to insufficient registration. So we ask that you do not make non-refundable travel arrangements until you receive notice that your workshop is confirmed. (ISM will not be responsible for any change/cancellation charges assessed by your airline or travel agent.)

Cancellation Policy

If circumstances change and you cannot attend the workshop, you must confirm your cancellation in writing via fax (302-656-0647) or email (workshops@isminc.com). If you do so at least 10 business days prior to the start of the workshop, you can request a full refund of monies paid. Thereafter, but prior to the first day of the course, we will refund you all but $600. If you do not cancel in writing prior to the start date of the course, you will forfeit the entire workshop fee.

If you enroll using Consortium Credits, and cancel your attendance in writing at least 10 days prior to the start date of the workshop, all Credits will be returned to your school. Thereafter, but prior to the first day of the course, if you cancel, all but two of the Credits will be returned to your school. (You have the option of buying back those two Credits for $600.)

If you do not cancel in writing prior to the start date of the course, your school loses all the Consortium Credits used for payment.

Please note that non-payment of tuition does not constitute a cancellation. Failure to appear does not constitute a cancellation.

*We DO NOT accept enrollments from consultants.

blog comments powered by Disqus
Connect with ISM: