This highly interactive one-day course teaches electric cooperative directors skills for creating alignment and agreement in the boardroom by fostering open dialogue around high-stakes, emotional, or risky topics—on the issues that face electric cooperatives today. Using real world co-op examples, directors will practice speaking for clarity and purpose; encourage others to do the same; analyze the best ideas to make the highest-quality decisions with the goal of acting on issues with unity and commitment.
Participant Materials include:
· Crucial Conversations Participant Toolkit
· Cue cards and model card
· A copy of Crucial Conversations: Tools for Talking When Stakes are High, 2nd edition
· Crucial Conversations Audio Companion
· Post-training participant website: videos, exercises, assessments, additional reading, and more
Confirmation: A minimum of ten people must be registered for the course to be held. A letter will be emailed to all participants confirming their registration in the course.
Cancellation Policy: Cancellations received on or before the registration deadline will receive full refunds. Cancellations received after the deadline or no shows may be billed 25 percent of the registration fee.
Get an update on the latest economic trends including unemployment, GDP growth and interest rates.
John Suter, Vice President, Capital Markets Research & Analysis, CFC
2:15 p.m. Break
2:30 p.m. Understanding Financial Statements
This session will help directors better understand financial statements and be able to hone in on key areas, such as the Statement of Operations and Balance Sheet. It will also increase understanding of several important ratios such as Times Interest Earned Ratio (TIER) and Equity to Assets.
John Grant, Vice President, Events & Training, CFC & Eric Anderson, Regional VP
CFC CEO Sheldon C. Petersen will discuss the role of CFC within the cooperative network and provide some behind-the-scenes insight into questions such as: How does CFC fit into the world of finance? How is CFC different from other financial institutions? How does CFC raise funds, make loans, and work with banks, investors and rating agencies to serve member-owners?
Sheldon C. Petersen, CEO, CFC
9:15 a.m. Industry Update
This session will provide an update on renewable energy trends, including battery storage, and the impact it is having on power markets. In addition, we’ll discuss solar deployment options including financing alternatives
Greg Starheim, SVP, Business & Industry Development, CFC
10:30 a.m. Break
10:45 a.m. Cyber Security Update
This session will explore why it is important for directors and co-op leaders to understand cyber security risks and tradeoffs.