In July, SMACNA’s Board of Directors met and discussed numerous issues and approved an updated Strategic Plan to ensure the SMACNA contractor’s competitive advantage in the marketplace.
Following are highlights from that meeting.
A mid-year operating revenue budget of $12,594,188 and a mid-year operating expense budget of $11,729,578 were approved.
Board discussion of SMACNA’s proposed Strategic Plan was led by President-Elect Jack Knox, chair of the Strategic Planning Task Force, and Harrison Coerver, a consultant. Their report and recommendations were based on continued industry and market changes, the update of the New Horizons Foundation HVAC and Sheet Metal Industry Futures Study of 2016, and the challenges for membership associations to remain relevant in a rapidly changing society.
The Board approved the new Strategic Plan and these objectives that direct the Association to:
- Develop an effective and measurable communications infrastructure
- Assist members in attracting and retaining critical human resources including craft/bargaining workforce and overhead/non-bargaining workforce
- Establish a coordinated, proactive approach to Labor
- Improve relevance and effectiveness of SMACNA chapters
As part of the strategic plan objective to assist members in attracting and retaining critical human resources, the Board explored establishing a network of student chapters to affiliate with colleges and universities with related construction curriculum. The purpose of this endeavor is to encourage students to pursue careers in the HVAC and sheet metal industry.
SMACNA Leadership Institute
The Board discussed development of a SMACNA Leadership Institute and reviewed a concept proposal from the University of North Carolina’s Kenan-Flagler Business School.
New projects approved were:
- National Coordinating Committee for Multiemployer Plans membership. – As a sustaining member with steering committee representation, SMACNA will be able to address policy issues relative to multiemployer health and pension plans.
- "Seismic Restraint Manual: Guidelines for Mechanical Systems," 3rd edition. – This update will reflect the latest code requirements and current industry best practices. It will enhance members’ work opportunities for installation of seismic bracing components in the HVAC industry.