the north coast surety business of construction university program introduction
TRANSCRIPT
The North Coast Surety Business of Construction
University Program
Introduction
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Overview – Ethics
The North Coast Surety family of companies are committed to providing students an educational experience that prepares them for the challenges of the modern workplace, with all its complexities.
Overview – Ethics
One of the biggest challenges will be to impart a sense of ethical standards that will help students in both their professional and personal lives.
The North Coast Surety family of companies are committed to providing students an educational experience that prepares them for the challenges of the modern workplace, with all its complexities.
Overview – Ethics
One of the biggest challenges will be to impart a sense of ethical standards that will help students in both their professional and personal lives.
So that as technology provides an automated efficiency that removes the human contact, the human side is still recognized.
The North Coast Surety family of companies are committed to providing students an educational experience that prepares them for the challenges of the modern workplace, with all its complexities.
Overview – Ethics
One of the biggest challenges will be to impart a sense of ethical standards that will help students in both their professional and personal lives.
So that as technology provides an automated efficiency that removes the human contact, the human side is still recognized.
So that as they build the technology that provides that automated efficiency, they have an understanding of the cost of removing the human contact, and build the future with a human side, not just a technical one.
The North Coast Surety family of companies are committed to providing students an educational experience that prepares them for the challenges of the modern workplace, with all its complexities.
Overview – Business of Construction
The Business of Construction Program is designed to expose University students to a wide range of business issues that involve the construction community through an integrated approach of seminars and guest speakers coupled with hands on experiences and internships.
The goal of the program is to promote the interaction of the University with the Private Sector under a Public/Private partnership primarily for the benefit of the students, but with a byproduct of valuable contributions to private industry.
The Business of Construction Program is designed to expose University students to a wide range of business issues that involve the construction community through an integrated approach of seminars and guest speakers coupled with hands on experiences and internships.
Overview – Business of Construction
The Business of Construction Program is designed to expose the students at California State University to a wide range of business issues that involve the construction community through an integrated approach of seminars and guest speakers coupled with hands on experiences and internships.
The goal of the program is to promote the interaction of the University with the Private Sector under a Public/Private partnership primarily for the benefit of the students, but with a byproduct of valuable contributions to private industry.
The more the students become engaged towards making an industry contribution
the better the graduate
The better the graduate, the better for the industries that will rely on them
Overview – Business of Construction
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
While the most of the speakers and seminar topics will deal with traditional subjects, the predominate theme of the Business of Construction program is technology, the impact it has having on the way business is conducted, and what skills will be vital for companies to possess to be successful.
Ethics in Construction
While the most of the speakers and seminar topics will deal with traditional subjects, the predominate theme of the Business of Construction program is technology, the impact it has having on the way business is conducted, and what skills will be vital for companies to possess to be successful.
Ethics in Construction
Technology is in our future, but perhaps more than any other industry construction will change from an community that relies on personal relationships to one that becomes detached as internet applications reduce, if not eliminate, human contact on any number of fronts. From online bid solicitations, electronic bidding, supply procurements online, and online collaborative project management the personal interactions will change and students must be cognizant of the perils of detachment, and be encouraged to adopt ethical practices in spite of the ease of looking the other way, or doing business as usual.
Companies with long rich histories can not fall back on their knowledge, or expertise, when requirements they must meet draw from technological advances and systems they do not understand. From online bidding to collaborative project management the landscape is quickly evolving in an industry that has a generational disadvantage, and they will look for talent today that can meet the challenge of tomorrow.
Ethics in Construction
Companies with long rich histories can not fall back on their knowledge, or expertise, when requirements they must meet draw from technological advances and systems they do not understand. From online bidding to collaborative project management the landscape is quickly evolving in an industry that has a generational disadvantage, and they will look for talent today that can meet the challenge of tomorrow.
Ethics in Construction
Where today's talent may be well versed in the technical aspects of getting things accomplished in tomorrows online environment, they will not have the experience that draws from the personal side of construction.
Companies with long rich histories can not fall back on their knowledge, or expertise, when requirements they must meet draw from technological advances and systems they do not understand. From online bidding to collaborative project management the landscape is quickly evolving in an industry that has a generational disadvantage, and they will look for talent today that can meet the challenge of tomorrow.
Ethics in Construction
Where today's talent may be well versed in the technical aspects of getting things accomplished in tomorrows online environment, they will not have the experience that draws from the personal side of construction.
Where a handshake was a contract, a commitment didn’t rely on interpretation, and problems were dealt with in person, not by email.
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Objectives
To introduce students with an interest in construction to the business elements that are essential to being successful in construction, and the ethical challenges
facing each industry and how there are being addressed
To encourage students with an interest in construction to consider careers in construction related industries like Surety , Accounting, Technology, Banking
and Risk Management.
Objectives
To introduce students with an interest in construction to the business elements that are essential to being successful in construction, and the ethical challenges
facing each industry and how there are being addressed
To encourage students with an interest in construction to consider careers in construction related industries like Surety , Accounting, Technology, Banking
and Risk Management.
To encourage private industry to form relationships with the University as guest speakers, with internships and career recruiting.
Objectives
To introduce students with an interest in construction to the business elements that are essential to being successful in construction, and the ethical challenges
facing each industry and how there are being addressed
To encourage students with an interest in construction to consider careers in construction related industries like Surety , Accounting, Technology, Banking
and Risk Management.
To encourage private industry to form relationships with the University as guest speakers, with internships and career recruiting.
To provide students with hands on projects that serve to both offer an educational experience for the student, and a produce a valuable contribution to
the construction community in the public interest.
Objectives
To introduce students with an interest in construction to the business elements that are essential to being successful in construction, and the ethical challenges
facing each industry and how there are being addressed
To encourage students with an interest in construction to consider careers in construction related industries like Surety , Accounting, Technology, Banking
and Risk Management.
To encourage private industry to form relationships with the University as guest speakers, with internships and career recruiting.
To provide students with hands on projects that serve to both offer an educational experience for the student, and a produce a valuable contribution to
the construction community in the public interest.
To provide the University with income to sustain its efforts.
Objectives
To introduce students with an interest in construction to the business elements that are essential to being successful in construction, and the ethical challenges
facing each industry and how there are being addressed
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Components
Guest Speaker Series
University Sponsored Seminars
Surety Connection Project
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Guest Speaker Series
The guest speaker series will be 1-2 hour presentations on campus and each will address the following general outline:
Overview of specific industry and its role in construction
Typical duties and functions
Impact of technology on industry
Challenges the industry faces and what skills will be needed.
Ethical challenges and how they are being met.
What employers look for in hiring new employees
Guest Speaker Series
The topics will include:
Construction accounting
Surety underwriting
Surety claims
Risk management and insurance
Bank credit analysis for contractors
Ethics in construction
Automation of the construction process and procurement
Politics in construction
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
University Sponsored Seminars
Automation issues with electronic bonding
Risk management in construction
Accounting for construction
Surety claims
Ethics in construction
Automation in construction
Credit and/or risk analysis for construction companies
Politics in construction
The University sponsored seminars will provide more time, and will include participation with the students. Topics will be of interest to active professionals and will may be held off campus, or over the web, to attract a wider audience, as well as be a fund raising opportunity for the University. Topics include:
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
The Surety Connection Project is designed to engage students in the evolving area of internet based data management and electronic transactions.
In cooperation with North Coast Surety Connection and North Coast Surety Technologies the students will develop a series of applications that replicate the current paper based systems used by the surety industry to internet based systems.
Surety Connection Project
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Bid List Connection
Bid List Connection is an internet based bid management tool for contractors that also serves as a collaborative communication application for the surety and insurance industry.
A University has an option to use the application as a fund raiser for the University through subscriptions and advertising.
It also serves as the center piece in the overall Surety Connection Project with respect to:
Working with the management of data flow and data exchangeWorking with technology companiesWorking with surety and insurance companies, and agentsWorking with contractors
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Bid data flow and integration
One of the most dramatic recent developments in construction is the emerge of owners posting their projects out to bid on the web, various online services that provide contractors with bid information, owners that want their bids submitted electronically, and surety companies that are being required to submit bid and final bonds electronically.
Bid data flow and integration
One of the most dramatic recent developments in construction is the emerge of owners posting their projects out to bid on the web, various online services that provide contractors with bid information, owners that want their bids submitted electronically, and surety companies that are being required to submit bid and final bonds electronically.
Being able to effectively exchange data between users, applications and systems is the challenge the entire industry is facing, and is the perfect environment to participate in a learning environment.
Bid data flow and integration
One of the most dramatic recent developments in construction is the emerge of owners posting their projects out to bid on the web, various online services that provide contractors with bid information, owners that want their bids submitted electronically, and surety companies that are being required to submit bid and final bonds electronically.
Being able to effectively exchange data between users, applications and systems is the challenge the entire industry is facing, and is the perfect environment to participate in a learning environment.
By working with Bid List Connection as a starting point students will be working on real issues, with real applications, and with real potential for constructive consequences.
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Internships
Internships have become very popular in the private sector and the Business of Construction Program will include an effort to not only locate existing internships students can apply for, but will be working to create new internships tailored specially for the skills encompassed in the program.
Internships
Internships have become very popular in the private sector and the Business of Construction Program will include an effort to not only locate existing internships students can apply for, but will be working to create new internships tailored specially for the skills encompassed in the program.
Our ability to generate new individual internship positions, or innovative group internships, will be based on the interest the students demonstrate, and in their efforts to make the program produce the valuable contributions to the industry as it sets out to.
Internships
Internships have become very popular in the private sector and the Business of Construction Program will include an effort to not only locate existing internships students can apply for, but will be working to create new internships tailored specially for the skills encompassed in the program.
Our ability to generate new individual internship positions, or innovative group internships, will be based on the interest the students demonstrate, and in their efforts to make the program produce the valuable contributions to the industry as it sets out to.
North Coast Surety will be coordinating internship applicants for the Business of Construction program, and all students will be encouraged to apply. The more students, and the caliber of the applications, will translate to a successful effort to create new internships and secure existing ones.
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Part Time Employment Opportunities
Students that are active in the program will gain an understanding of some of the issues facing private industry, and can be a resource for solving some of the smaller issues, and gain experience while doing it.
Examples of some “paid” work that could be provided to the students are:
- Initial modifications to Bid List Connection- Tool Belt Connection- Modifications to Surety Access Connection - Financial peer review application- Prototype of Qualification Connection- Website design
Components
Guest Speaker Series
University Sponsored Seminars
Bid List Connection
Bid data flow and integration
Internships
Part Time Employment Opportunities
Income Opportunities for the University
Surety Connection Project
Income Opportunities for the University
A core objective of the Business of Construction Program is the ability to raise funds for the University to sustain the program. This is accomplished in the following ways:
Subscriptions to Bid List Connection
Advertising on the Bid List Connection website
Financial support and/or grants from private industry
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Construction Management
Whether a student goes into the construction trades, or the businesses that serve contractors, the business side of construction is a valuable and necessary component of the education process.
Every student that has desires to run their own company some day will need to know every aspect of the business, and this program will provide the best insight there is.
Bid List Connection is a real application, and the results will be real life experiences.
Construction Management
Class Project Assignment Each Construction Management could be encouraged to sell one subscription to Bid List Connection.
One is not hard at all, but will require a general sense of how the industry manages the bid activity, what applications does, as well as the selling points.
The selling of subscriptions should always be voluntary, unless it is a paid position.
Bid List Connection is a real application, and the results will be real life experiences.
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Marketing
Bid List Connection is the perfect “hands on” learning experience as the students decide:
How to market Bid List Connection
What are the pricing considerations
What is the elasticity of demand for an internet application
What avenues work for getting the application noticed by contractors
How to market to a select group – such as alumni or AGC chapters
How to get press coverage and prepare a press kit
What are the factors that prevent contractors from adopting new technology that is clearly superior to present systems.
Bid List Connection is a real application, and the results will be real life experiences.
Class Project Assignment Put together a Press Packet and develop a Public Relations campaign.
Getting trade association and professional trade journals to write about the school program should be no problem as a general interest story.
The exposure would benefit the overall effort considerably while favorably representing the University.
Bid List Connection is a real application, and the results will be real life experiences.
Marketing
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Management Information Systems
Bid List Connection is a real application, and the results will be real life experiences.
The processing of data, and the exchange of data, is the core essence of Bid List Connection and its efforts to communicate with the various industries that it associates with.
MIS students that successfully develop “The Chico Process” application between the State agency and an insurance company will be very challenged as they tackle the task of exchanging bid data with all its variations and multiple parties.
The theory is simple, the reality is not. Should they even get close the learning experience, and the contacts they make, will make the difference in their education and their career options.
Class Project Assignment Develop “The Chico Process”
Prepare to assume total control of Bid List Connection
Participate in a labor pool for North Coast Surety Technologies
Bid List Connection is a real application, and the results will be real life experiences.
Management Information Systems
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Advertising
Bid List Connection is a real application, and the results will be real life experiences.
There are different aspects of advertising the students will get to work with:
Securing advertising for Bid List Connection as a pro bono placement
Selling advertising on Bid List Connection.
Determining the pricing and terms for advertising on site
Designing the advertising for Bid List Connection
Class Project Assignment Prepare an advertising program for all Program websites.
An original set of advertisers will be provided space in exchange for their participation, but that space will be subject to 90 day time limits. After 90 days if there is an offer for paid advertising, the space goes to the highest bidder.
If a company familiar with the site, or found the site, and wanted to advertise, the structure and written material must be there to provide direction.
Bid List Connection is a real application, and the results will be real life experiences.
Advertising
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Business
Business is a generic term that encompass a broad range of disciplines already addressed individually, but the following professions are clearly “Business” and are a targeted industry:
Banking
Surety
Surety Agency
Insurance
Insurance Agency
The guest speaker and seminar series, in conjunction with the individual disciplines, will provide a wealth of background and insight for those students interested in construction related careers.
Bid List Connection is a real application, and the results will be real life experiences.
Class Project Assignment Business students are in charge of administering the guest speaker and seminar program.
A core skill every business person must have is the ability to pull something together. From making sure the students know about upcoming speakers and seminars, to making sure there are properly outfitted rooms with speakers that are coordinated and treated professionally.
Bid List Connection is a real application, and the results will be real life experiences.
Business
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Accounting
Bid List Connection is a real application, and the results will be real life experiences.
Accounting students that are interested in construction will not only have the opportunity to hear guest speakers on the subject, and seminars specially directed at construction accounting, they also will have the opportunity to participate in the new challenge facing the accounting profession; financial data that is exchanged over the internet.
From project billings being submitted online, to the emerging use of data change standards that are currently be developed by the accounting trade associations.
Class Project Assignment Accounting students are responsible for the Bid List Connection subscription accounts, and advertising revenue.
Handling the books of Bid List Connection should be a simple and strait forward task, and will put the students in the middle of the effort.
Bid List Connection is a real application, and the results will be real life experiences.
Accounting
Disciplines
Construction Management
Marketing
Management Information Systems
Advertising
Business
Accounting
Private industries that serve construction
Construction Company
Construction Management
Risk Management
Construction Accounting
Banking
Surety Brokers
Surety company
Insurance Brokers
Insurance Company
Technology
Provides Management to Construction Company
Provides oversight for owner
Provides risk analysis and consulting
Provides accounting and consulting services
Provides line of credit and banking facilities
Negotiates for Surety bonds
Provides Surety Bonds
Negotiates insurance coverage's
Provides insurance coverage
Applications that serve the construction community
Private industries that serve construction
Construction Company
Construction Management
Risk Management
Construction Accounting
Banking
Surety Brokers
Surety company
Insurance Brokers
Insurance Company
Technology
Provides Management to Construction Company
Provides oversight for owner
Provides risk analysis and consulting
Provides accounting and consulting services
Provides line of credit and banking facilities
Negotiates for Surety bonds
Provides Surety Bonds
Negotiates insurance coverage's
Provides insurance coverage
Applications that serve the construction community
These Images are used throughout to represent the various industries
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Timeline
The speaker and seminar series can be confirmed once the University has made the decision to proceed with the program. The times and dates would be spread out over the semester.
Overview
Objectives
Components
Disciplines
Website
Timeline
Ethics in Construction
Summary
Website
The Website maintained by the students will provide information on the speakers, posting of student work, links and a sign-up section for notification purposes.
Overview
Objectives
Components
Disciplines
Website
Timeline
Technology in Construction
Summary
Summary
The Business of Construction is an idea whose development will be guided by what happens along the road of discovery, not by any fixed agenda. Its mandate is to stay true to its primary objective; to create a learning experience for the students regardless of any possible outcome.
Summary
The Business of Construction is an idea whose development will be guided by what happens along the road of discovery, not by any fixed agenda. Its mandate is to stay true to its primary objective; to create a learning experience for the students regardless of any possible outcome.
It won’t matter if the Bid List Application does not generate any subscription revenue, as the effort will be a learning experience with little if any expense.
Summary
The Business of Construction is an idea whose development will be guided by what happens along the road of discovery, not by any fixed agenda. Its mandate is to stay true to its primary objective; to create a learning experience for the students regardless of any possible outcome.
It won’t matter if the Bid List Application does not generate any subscription revenue, as the effort will be a learning experience with little if any expense.
It won’t matter if The Chico Procedure is never successfully developed, or doesn’t change the way electronic surety transactions are administered. Exchanging data electronically is a major aspect all students will need to master, and the educational experience and challenge alone warrants the effort.
Summary
The Business of Construction is an idea whose development will be guided by what happens along the road of discovery, not by any fixed agenda. Its mandate is to stay true to its primary objective; to create a learning experience for the students regardless of any possible outcome.
It won’t matter if the Bid List Application does not generate any subscription revenue, as the effort will be a learning experience with little if any expense.
It won’t matter if The Chico Procedure is never successfully developed, or doesn’t change the way electronic surety transactions are administered. Exchanging data electronically is a major aspect all students will need to master, and the educational experience and challenge alone warrants the effort.
The risk is the students get an excellent education opportunity
Summary
The Business of Construction is an idea whose development will be guided by what happens along the road of discovery, not by any fixed agenda. Its mandate is to stay true to its primary objective; to create a learning experience for the students regardless of any possible outcome.
It won’t matter if the Bid List Application does not generate any subscription revenue, as the effort will be a learning experience with little if any expense.
It won’t matter if The Chico Procedure is never successfully developed, or doesn’t change the way electronic surety transactions are administered. Exchanging data electronically is a major aspect all students will need to master, and the educational experience and challenge alone warrants the effort.
The risk is the students get an excellent education opportunity
The reward is immeasurable
Thank you