OCT 22-25, 2016 / Indian Wells, CA

Conference

Risk as a Strategic Asset

Risk Management is no longer a defensive strategy. Firms are leveraging risk management not only to mitigate risks but also to profit from them. It is clear that the construction marketplace has changed over the last several years as owners are more educated and the competition is tougher and, as a result, businesses are running fast and hard for tighter margins. While the market has changed, the leaders of our industry have evolved the way they view risk management. However, much of the industry still operates under the tactical view of risk. Best-in-class construction firms are using risk management as a strategic asset to not only better protect the company, but also to increase value and profitability.

•Transform risk management from a cost center to a profit center
•Determine the importance of shifting from a tactical to a strategic view of risk management
•Understand the critical elements needed to defensively (protect) and offensively (increase the value) utilize risk management
•Recognize what the value of a structure and enterprise approach to risk management can have on your strategic plan and the future of your company
•Identify where risk management should live in your organization and how it should be handled at the highest level

Speaker:

Ryan Howsam - Senior Consultant, FMI

handshake As a senior consultant with FMI, Ryan works across many disciplines with specializations in risk management services and strategic planning. He facilitates a variety of FMI Peer Groups leading executives & CEOs and next generation/emerging leaders, with in-depth focuses on specialty groups including human capital, business development, CFOs and self-perform, work to name a few.

He delivers strategic plans and business assessments while driving implementation on all aspects of contractors’ corporate functions, including, but not limited to, finance, business development, project execution, human capital as well as risk management programs utilizing subcontractor default insurance, enterprise risk management, project risk assessment and rolling contractor controlled insurance programs. Working with a variety of construction firms and projects of all size across North America, his expertise couples a risk management view with strategic planning focused in the areas of financial management, marketing and business development, human capital and productivity improvement to enhance profitability.

Ryan is a Certified Risk and Insurance Specialist (CRIS®) and a LEED Accredited Professional in building design and construction (LEED AP BD+C®)with more than 15 years of experience within the real estate and construction industry. He is a sought-after speaker on a variety of strategy and risk topics with articles published in publications such as CFMA Building Profits Magazine and Construction Executive, and is a regular contributor to the FMI Quarterly. Prior to joining FMI, he worked in the club and resort development arena in Telluride, Colorado, as well as in the construction fields of concrete, framing and roofing in the Rocky Mountains. This background allows Ryan to draw upon diverse perspectives when collaborating with contractors to succeed in varied and challenging business environments.

Ryan analyzes companies’ corporate structure and risk management programs from the macrolevel view of their business models to the micro-level strategic management processes to understand competitive forces and to develop strategic competitive advantages. Ryan holds both a Master of Science in real estate and construction management and an International Master of Business Administration in corporate finance from the Daniels College of Business at the University of Denver, as well as a Bachelor of Arts in international studies from Vanderbilt University.