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NRECA Board Leadership Certification (BLC) Summit

Board Leadership Certification (BLC)

1/22/2019 to 1/24/2019
When: January 22 - 24, 2019
See event details.
Where: Courtyard Marriott
11871 Fountains Way
Maple Grove, Minnesota  55369
United States
Contact: Gayle Karol, Marketing & Event Coordinator
763-424-7231


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Board Leadership Certification (BLC) Summit

January 22, 23, 24, 2019 (T-W-Th 8:00am-3:45pm)
Held at Courtyard Marriott
11871 Fountains Way, Maple Grove


Who Should Attend

Electric co-op directors

 **Due to the dynamic nature of the electric industry NRECA is continuously revising its
Credentialed Cooperative Director (CCD) and Board Leadership Certificate (BLC) courses.


Price for Each Class
Education Program Members $571

Non-Education Program Members  $671


 

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COURSE DESCRIPTIONS

 

DOWNLOAD BROCHURE

TUESDAY, JANUARY 22, 8:00-3:45pm
BLC Summit Class 921.1  Risk Oversight - The Board's Role in Risk Management
Instructor: Mike Core (see bio below)

Electric co-op boards are operating in what may be one of the most challenging business environments any generation of directors has ever known. The array of risks ranges from financial, regulatory, cyber and economic to technology and changing member demographics. This course is designed to provide directors with the principles and tools to improve their processes for overseeing the cooperative's risk management activities. Using co-op examples and real world case studies, this interactive course discusses the unique role of board and management to identify, manage and mitigate risk with processes that are appropriate to the characteristics of individual cooperatives.

KEY TOPICS

  • Defining the cooperative's risk drivers and risk appetite

  • Distinguishing the board's role from management's role in risk management

  • Aligning strategy, risks and controls

  • Working with management to identify the risk information the board needs

  • Assessing the cooperative's risk management process

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WEDNESDAY, JANUARY 23, 8:00-3:45pm

BLC Summit Class 914.1  Cooperative Communications and Public Opinion - The Director's Perspective
Instructor: Molly McPherson (see bio below)

Given the challenges of the evolving energy landscape, effective communications from the cooperative is an area of increasing importance. Whether it is communicating future rate increases or advertising our cooperative’s participation in renewable energy programs, strong communications programs can strengthen your identity with member-consumers and build loyalty.  Check out the video preview.

KEY TOPICS

  • The difference between the communication roles and responsibilities of directors and those of cooperative staff

  • The purpose of a communications policy

  • The value of a message

  • How a cooperative can manage messages and public perception


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THURSDAY, JANUARY 24, 8:00-3:45pm

BLC Summit Class 974.1  Rate Making Strategies for 21st Century Challenges
Instructor: John Perry (see bio below)

The jointly developed (NRECA and CFC) publication titled, Retail Rate Guide (2017) is featured in this course. If you haven’t taken this course in over three years, it’s time to take it again. Directors discuss the complex issues that they must balance when they consider business plans, financial policies, alternative rate philosophies and strategies. This course discusses how current rates methodologies affect rising power costs and the current focus on energy efficiency and conservation. Attendees use case studies and problems to analyze and discuss issues such as equity goals, long-range revenue requirements, achieving fairness for multiple rate classes, and dealing with proposed rate increases.


KEY TOPICS
  • Recognize the board’s role as “regulator”

  • Discuss the board’s role in balancing rates policy with the needs of consumers, the cooperative, and regulators

  • Recognize the goals that rates can help achieve and the political trade-offs they require so the board can provide sufficient guidance to management through policy

  • Reference the jointly developed NRECA/CFC Retail Rate Guide to provide practical considerations and steps in the rate-making process as well as address the changes sweeping the electric utility industry

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Director Gold - BLC Course Retakes

Electric cooperative direc­tors may apply credit from BLC courses (900-level) they are retaking toward their initial Director Gold and/or as Director Gold continuing education credits.  For more information about Director Gold, visit https://goo.gl/QZSvxc.


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Instructor Bios
Michael (Mike) Core, mcore@wbhsi.net, is originally from Ohio where he was a graduate of Bowling Green State University.  He began his career with the rural electric cooperatives in 1976 at a local electric distribution cooperative.  Over the past 40 plus years he has worked with distribution cooperatives, managing one in Ohio, statewide trade associations and generation and transmission cooperatives.  Prior to going to the G&T Big Rivers in Kentucky, he was CEO of the Indiana Statewide Association of Rural Electric Cooperatives for five years.  He joined Big Rivers Electric Corp. in January of 1997 in

the midst of a bankruptcy restructuring as the President and CEO and worked through the successful completion and execution of a plan of reorganization.  He retired after 12 successful years at Big Rivers.  Today he teaches some courses for NRECA and has worked with cooperatives in strategic planning and other facilitation projects.

 

He is the past president of the following organizations: the Rural Electric Statewide Managers Association, the National G&T Managers Association, and the executive board of the East Central Area Reliability council (ECAR). In addition he has served on the stakeholder and the Members Representative Committee to the North American Electric Reliability Council and the board of directors of ACES Power Marketing. He has also served on and numerous NRECA, NRTC and statewide committees.  He currently serves on the Western Electricity Coordinating Council Board of Directors, a 14 state regional electricity reliability organization

 

Other board experience includes as a distribution manager serving on the Buckeye Power Board of Trustees (the G&T in Ohio).

 

Molly McPherson, Social Media and Crisis Management Expert, brings over 25 years of communications experience to Social Shift Media where she helps clients find the right strategy for 21st-century communications, combining the best practices of today with the traditional methods of the past. She is a frequent featured speaker and trainer for several national agencies and associations including FEMA, Homeland Security, and the National Rural Electric Cooperative Association.

Prior to Digital Shift Media, Molly was the Director of Communications for the Cruise Line International Association (formerly known as the International Council of Cruise Lines) in Arlington, V.A., Molly represented the $10 billion cruise industry in communicating regulatory and policy issues as well guiding the association through numerous crisis communication issues including cruise ship fires, post-9/11 security issues, and the Norwalk virus outbreaks.

 

Molly is also a recipient of a Public Service Commendation from the U.S. Coast Guard for saving the life of a crew member on a passenger vessel in Cape Cod by administering CPR in 2010.  More recently, she worked with the Federal Emergency Management Agency’s Office of External Affairs, helping them successfully launch their first social media program. The program, which is still in use today, started from a video she filmed and co-produced during the spring tornado outbreak of 2008 featuring FEMA’s ground efforts that helped Tennessee residents displaced by the storms. Through her role at FEMA, Molly was also deployed to work with the agency’s newly formed broadcast strike team in 2008 covering both Tropical Storm Hanna and Hurricane Ike – the third costliest Atlantic hurricane to ever make landfall in the United States.

 

She has been a featured speaker in the field of public relations, crisis communications and social media at numerous venues including the John F. Kennedy School of Government at Harvard University in 2012. She currently teaches social media courses at Endicott and New England College. She earned her master’s degree from the College of Communication at Boston University.


John Penry, Penry Consulting, LLC, penryconsulting@gmail.com, has 15 years of public utility experience including 9 years at Salt River Project (SRP), a large water and public power company in Phoenix, AZ. While at SRP, he had assignments in Strategic Planning, Resource Planning, Customer Billing & Competitive Provider Services, and Supply & Trading. His projects included business process improvement, analytics, and program management. At the same time, he taught microeconomics, at the college level for five years. At CFC, he created and managed the Cooperative Financial Professional Certificate (CFPC), conducted macroeconomic analysis, and ad hoc financial and economic analysis. The CFPC is a joint program with NRECA that includes two weeks of intensive in-class instruction, a series of webinars, and a capstone project requirement. John managed and instructed the CFPC for seven years with over 220 cooperative CEOs, CFOs and other senior accounting & finance professionals in attendance.  Along with Krishna Murthy of CFC and the Iowa Association of Electric Cooperatives, he created a model to estimate the impact of distributed solar generation on a cooperative’s operating statement. John has conducted many workshops, both in person and as webinars, on several cooperative financial topics including: Equity Management, Financial Planning & Budgeting, Financial Decision Making*, Rates Strategies for 21st Century Challenges*, and Capital Credits Issues & Decisions*. He is also highly proficient in Excel and has given workshops on how to use and program with Excel.

 

He holds a BS degree from Auburn University and a dual Master’s Degree from the University of Arizona (MBA) and Thunderbird, the American Graduate School for International Management (MIM). Prior to attending graduate school, he worked in the consumer electronics industry for 4 years. He and his wife spend their weekends corralling their 4 kids.

 

*NRECA Directors courses



Hotel

The Courtyard Marriott is right next to the Holiday Inn Arbor Lakes.  So we've made two room blocks for you to choose from. 

Courtyard Marriott (same hotel as classes), 11871 Fountains Way, Maple Grove  (763) 425-5355 
Room rate:
$165 (which includes daily breakfast voucher) 



Holiday Inn Arbor Lakes, 11801 Fountains Way N, Maple Grove  (763) 425-3800
Room rate: $143 rate (which includes daily breakfast voucher)






 




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