Business Skills for Engineering Professionals

HOW IT WORKS

First, you attend the one (1) day practical training and discussion forum, joining delegates and IDC instructor, John Piperides. The highly informative, practical one (1) day training and discussion forum is run locally and covers business fundamentals, management and leadership, and finance. To ensure all delegates gain a firm understanding of the concepts, principles and practices, open discussions and networking will be encouraged. Not only will you gain highly sought-after business development skills, you will also develop strong industry contacts. Now that you have attended the one (1) day practical training and discussion forum, your new found contacts will join you online for two x 2 hour sessions where you will learn: how to manage consultants, contractors and third party service providers; and gain an understanding of effective communication and people management. Finance, management and business skills will be covered throughout both the online sessions and practical training and discussion forum.

YOU WILL ATTEND THREE (3) KEY SESSIONS:

  • A full day of highly practical, relevant workshop training, inclusive of professional networking and open discussion opportunities that holistically cover all areas of business development for engineers, technicians and tradespeople
  • A two hour online course session covering the fundamentals of management and leadership (live session scheduled during sociable work hours)
  • A second two hour online course session that will cover business development and contract negotiation (live session scheduled during sociable work hours)

COURSE OVERVIEW

Business Fundamentals
Whether you are self-employed, a contractor or an employee at a small, medium or large organisation, the Business fundamentals component of this course will deliver skills in; professional marketing, business modelling and administration, client relationship management, business development and much more, improving your career path and empowering your future.

  • Practical business strategies and skills
  • Basic commercial and business concepts
  • Maximising your profit consistently – basic financial concepts
  • Estimation and costing
  • Applying business law to engineering
  • Negotiating skills for a win-win
  • Gain more business – industrial marketing and selling
  • Managing the commercial risk
  • Business strategy
  • Marketing for engineers
  • Understanding the process
  • What is marketing
  • The marketing mix – The 4P’s (product, price, promotion, place)
  • Barriers to outgoing messages
  • The return channel
  • Barriers to receiving and problems in the loop
  • Analysing organisational problems
  • Branding
  • Learning organisations

Management and Leadership
Whether you are managing a capstone project, a team of technical professionals, or an entire business, solid management and leadership skills are your gateway to business and project success. This course will increase the respect you receive from internal and external staff, enhance staff productivity to better meet project deadlines. Even the most experienced technical staff and managers will gain skills that can be applied in the workplace straight away.

  • Practical Project Management
  • Fundamentals of project management
  • Time, cost, quality and risk management
  • Integrated time and cost management
  • Construction contracts
  • Management of the project team
  • An introduction to contract law
  • People Management
  • Strategic goals and objectives
  • The four behavioural styles
  • Effective communication
  • Team motivation
  • Delegation and empowerment
  • Taming conflict
  • Emotional intelligence
  • Performance management
  • Proactive time planning
  • Introduction to leadership
  • Personal leadership
  • Caring – people smart
  • Communication skills
  • Conflict management skills
  • Creativity and problem solving
  • Coaching for growth
  • Contractor and consultant management
  • Focusing on consultants
  • Models of consultation
  • Selecting consultants
  • Managing consulting projects
  • Consulting project teams
  • How consultants solve problems
  • Monitoring and controlling consultants
  • Communication with consultants
  • Crises management
  • Focussing on clients
  • Why consulting projects fail

Finance
Learn how to identify financial opportunities, calculate financial projections, produce and present financial reports, negotiate contracts and monitor cash flow. all for the betterment of your career profile and business future.

  • Financial fundamentals and project investment
  • Introduction to financial statements
  • Cost estimation
  • Cash flow concepts
  • Time value of money
  • Ranking of investment proposals
  • Capital management
  • Effects of inflation
  • Risk and uncertainty
  • Technical writing, specification and reporting
  • Formats of technical writing and report types
  • Compiling and structuring a report
  • Development process
  • Outlying and finalising a report
  • Verbal presentation of your report
  • Structure and writing of technical specifications
  • Fundamentals of specifications and contracts

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