Managing Storm Expenses
Learn secrets from industry experts to identify, manage and recover the millions you are leaving on the table in un-reimbursed or lost dollars before your next disaster.
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★★★★★ 5
4.97 based on 27 reviews
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After your purchase, you have 14 days to ensure the resource is valuable for you. If you're not completely satisfied and don't find enough value in it, we will refund your payment, guaranteed!
Course Description
This course will help you learn and implement new cost control strategies and processes to help your organization identify the high cost areas in your crisis response operation and with your contractors; give you proven strategies and approaches to control costs more effectively before, during and after any crisis; and help you avoid common financial mistakes that result in un-reimbursed or lost storm dollars that can damage credibility and destroy your bottom line.
Level: Intermediate
Number of lessons: 12
Avg. Length: 25 min.
Time Required: 6 Hours min.
Course code: SC107
Meet Your Instructor
Jim Nowak
Instructor: Jim Nowak
Instructor Title: Director Customer Relations at Tempest Energy & Principal Consultant at JN Energy Consulting, former Operations Executive at American Electric Power, Retired from the electric sector after 37 years
Instructor Bio: Jim has over 37 years of utility experience with American Electric Power (AEP). During that time Jim held various leadership roles across AEP including operations, engineering, and accounting before finishing his last decade managing their corporate emergency response covering 11 states and over 5 million customers. During this time AEP received numerous EEI awards for response and assistance. While at AEP Jim held various leadership roles nationally with EEI including the development of their NRE and their annual exercises. His regional involvement included leadership roles with the Southeastern Electrical Exchange, Great Lakes, and Midwest Mutual Assistance Groups. He retired in 2014 joining ARCOS where he assisted in the development of various solutions, held leadership roles, and is present in their Customer Success group as Sr. Director Operational Product & Service. Jim works with IOU (Investor Owned Utilities), municipal utilities, and cooperative utilities across North America. He also writes monthly articles for PowerGrid magazine’s website with over 40K visitors. Jim has also been active in consulting the industry on trends, processes, best practices, and technology.
Instructor Bio: Jim has over 37 years of utility experience with American Electric Power (AEP). During that time Jim held various leadership roles across AEP including operations, engineering, and accounting before finishing his last decade managing their corporate emergency response covering 11 states and over 5 million customers. During this time AEP received numerous EEI awards for response and assistance. While at AEP Jim held various leadership roles nationally with EEI including the development of their NRE and their annual exercises. His regional involvement included leadership roles with the Southeastern Electrical Exchange, Great Lakes, and Midwest Mutual Assistance Groups. He retired in 2014 joining ARCOS where he assisted in the development of various solutions, held leadership roles, and is present in their Customer Success group as Sr. Director Operational Product & Service. Jim works with IOU (Investor Owned Utilities), municipal utilities, and cooperative utilities across North America. He also writes monthly articles for PowerGrid magazine’s website with over 40K visitors. Jim has also been active in consulting the industry on trends, processes, best practices, and technology.
Course Modules
Introduction
Is This Session for You?
Course Moduels
-
Introduction
- Is This Session for You?
- How Identify, Manage & Recover Costs
-
Myths / Obstacles
- Know What You’re Paying For
- Know What Matters
- Know What’s Important
- Maintenance
- FAQs
-
...and More
Course Learning Objectives
Lesson 1: Introduction
■ Don’t Let Un-reimbursed or Lost Storm Dollars Destroy Your Bottom Line
Lesson 2: Is This Session for You?
■ Are you struggling to controlled the cost of an event, especially the larger ones where you spend 10s if not 100s of millions of dollars?
Lesson 3: How Identify, Manage & Recover Costs?
■ Learn how to Identify, Manage, and Recover the Millions of Disaster Dollars Being Left on the Table.
■ Recognize Financial Waste Before it Happens
-Plus more...
Lesson 4: Myths
■ You Can’t Stop Bad Invoicing
■ If They Bring It, You Must Pay For It
■ We’ve been doing it that way for ever
■ Plus more...
Lesson 5: Know What You’re Paying For
■ Pre-Event Research
■ Economics of Demobilization
■ Clarify rate of pay
■ Plus more...
Lesson 6: Know What Matters
■ What Drives Cost?
■ Stakeholder Value and Customer Satisfaction
■ Logistics That Impact Performance
■ Plus more...
Lesson 7: Know What’s Important
■ Location of job assignments
■ Existing contracts
■ Competitive bidding process
■ Plus more...
Lesson 8: Maintenance
■ Drill and Exercise Participation
■ Networking and Trust Building
■ Plus more...
Lesson 9: FAQs
■ How can I improve the bottom line the fastest?
■ How can I best manage resources to make a difficult change?
■ How can I best leverage this training?
■ Plus more...
★★★★★ 5
4.97 based on 27 reviews
100% 14-Day Money Back Guarantee
After your purchase, you have 14 days to ensure the resource is valuable for you. If you're not completely satisfied and don't find enough value in it, we will refund your payment, guaranteed!
About AHC
All Hazards Consortium, a 501(c)(3) organization, fosters an environment where industry and government can collaborate on cross-sector issues, explore interdependencies, broaden situational awareness, lower operational risks, prioritize investments and enhance infrastructure security and resilience via public/private planning, training, exercises and research.
