Event Calendar
2024 Director Finance Webinar Series
Date(s): December 12, 2024
Time: 8:30 AM CST - 10:00 AM CST
Register for the full series HERE.
Director Finance Webinar Series
1-1/2 Skill Builder Credit/attendee to attend all 6 webinars
Please contact Wendy (wendy@weca.coop) for GROUP discounts (for full board)
Who Should Attend: Board Members
Webinar 1 (February 22)
Operating Costs and Operational Plans
- Correlating operational needs, the budget, and outcomes of operational expenses.
- Evaluating the impact of inflation (2022-2023 impacts) on the cost of doing business.
- Roles and responsibilities of a director in operational expenditures and results.
- Strategies to accomplish necessary work while containing costs.
Webinar 2 (April 11)
Capital Credits
- Review of the basic tenants of the capital credits process for an electric cooperative.
- Determination of retirement strategies.
- Managing the equity position of the cooperative.
- Understanding and overseeing the cooperative’s distribution equity.
- Understanding and overseeing the cooperative’s G&T equity (if applicable).
- Identifying and overseeing the cooperative’s other equity.
Webinar 3 (June 6)
Business Plan Essentials
- Understanding the importance of an annual business plan as an electric cooperative.
- Determining essential components, definitions, and details of a Business Plan
- Approving, reviewing, tracking, and celebrating the business plan.
Webinar 4 (August 15)
Asset Purchases and the Balance Sheet
- Determining capital budget/expenditures through planning.
- Planning, reviewing, and approving the work plan.
- Awareness of basic depreciation concepts and the long-term view of a utility.
- Paying for capital purchases through the rate structure.
Webinar 5 (October 24)
Planning for Industry Changes and Future Advancement
- Identifying and planning for changes in the electric utility industry.
- Organizing and following industry trends.
- Knowing when and how to respond to industry changes and the financial impact to the budget, business plan, work plan.
Webinar 6 (December 12)
Debt Management and the Balance Sheet
- Understanding and executing the debt strategies of the cooperative, both long-term and short-term.
- Providing guidance to the debt portfolio through board policy.
- Balancing competing priorities of having low rates, high reliability, and a strong financial position.
HR Webinar Series: Training & Development Plans
Date(s): December 12, 2024
Time: 1:00 PM CST - 3:00 PM CST
Register here for the full HR webinar series: HR Webinar Full Series (weca.coop)
HR Webinar Series (December): Training & Development Plans
1-1/2 Skill Builder Credits/attendee to attend all 3 webinars
Training & Development Plans
- Analyzing Department or organization wide training needs through analysis
- Prioritizing practice focused development over theory focused development
- Designing effective orientation processes that welcome new employees
- Planning and executing cross-training initiatives
- Tracking and monitoring training and development plans