Those born between the years of 1946 and 1964 — the generation known as Baby Boomers — are entering retirement at an overwhelming rate. In fact, approximately 10,000 baby boomers are retiring each day, according to Investopedia. In the professional world, that means that new leaders are being promoted every day.
To ensure that new leaders in the kitchen and bath industry are well prepared for this “passing of the baton,” the SEN Design Group created the NEXTgen: Future Business Leaders Conference, being held Oct. 18-19 at the Hyatt Lost Pines Resort in Austin, Texas. The conference is designed to help current sales managers looking to move up as well as next-generation employees who stand to inherit a business.
“It has always been the SEN Design Group’s mission to educate kitchen and bath dealers and design/build firms so they can become better business people,” SEN’s Executive Vice President Leah Peterson said in a statement. “We recognize that this applies to the next generation of owners as well. As the leading business education organization, we feel the responsibility to start the movement by creating NEXTgen: Future Business Leaders.”
And it’s clear that the rest of the industry agrees with its initiative. The National Association of the Remodeling Industry (NARI) signed on as a partner sponsor of the event, and WarmlyYours Radiant Heating recently joined as a contributing sponsor.
“We’ve always placed a premium on providing education,” said Julia Billen, owner and president of WarmlyYours. “Being a part of this important conference is an exciting way to continue that goal.”
Other sponsors include Caesarstone, Medallion, Task Lighting and OperateIT.
To help educate the industry’s future leaders, the conference will feature guest speakers, group workshops, roundtables, and financial and management seminar tracks. For instance, the first day will feature workshops that explain how to read and understand financials, what’s behind a business valuation, and some of the most critical decisions for a start-up. On the second day, workshops will dive into making the transition from a team member to a leader, developing a strategic plan, and how to secure a bank loan.
With this valuable information at their fingertips, the future leaders of the kitchen and bath industry will be ready to help their businesses thrive when the time comes.
The registration fee for attendees is $239. Special hotel room rates will be available through Sept. 26. For more information about the conference and to register, please visit www.sendesigngroup.com/nextgen.