Leading indicators are key pieces of information in any company’s strategic planning process. A reliable leading indicator helps you anticipate changes in the industry before they actually occur, giving you the competitive advantage. Identifying dependable leading indicators can be a complicated process that requires a great deal of time and resources, but NFPA can help you simplify this process with its NEW Leading Indicator Consultative Service.
This data analysis support service is an exclusive benefit of NFPA membership and is performed using our Stats Toolkit, a cloud-based platform designed to compare your unique company data to a variety of possible leading indicators to discover relationships both inside and outside the fluid power industry. The service alleviates the time and resource constraints related to data correlation analysis at a minimal cost.
When you take advantage of this service, NFPA staff will create a service project schedule that meets your company’s timing and information needs during an introductory webinar discussion. From there, we will follow this general timeline:
With NFPA’s Leading Indicator Consultative Service, NFPA will confidentially work with your unique company data and input to:
- Create a report of results based upon the data correlation analysis.
- Provide a walkthrough and discussion, via webinar, of the data correlation analysis results.
Interested NFPA members should expect each data series examined to take an average of two hours at a fee of $100/hr. A service project cost estimate is available upon request.
To request more information, or to get started with this program, contact Eric Armstrong at (414) 778-3372 or earmstrong@nfpa.com.
Like this post? Share it!
Recent Posts
Upcoming Deadlines for the 2023 Industry & Economic Outlook Conference
2023 Industry & Economic Outlook ConferenceAugust 15-16, 2023The Westin Chicago NorthwestRegistration Now Open NFPA’s 2023 Industry Economic Outlook Conference will feature valuable networking, thought-provoking educational sessions, the NFPA Foundation Golf Fundraiser and much more. With so many exclusive and unique offerings, spots at the conference and hotel are filling up quickly. Here are all the…
NFPA Members Inspire the Emerging Workforce to Pursue Fluid Power
Byline: James Foster, Workforce Program Manager The end of spring indicates the NFPA’s Fluid Power Action Challenge season is winding down for the academic year. This season has been positively marked by a strong resurgence in event attendance and grant awards. Over $24,000 in grants were awarded to 52 schools who helped more than 3,100 students across…
Registration Now Open for NFPA Foundation Golf Fundraiser at the 2023 IEOC
NFPA Foundation Golf Fundraiser at the 2023 IEOCAugust 14, 2023The Preserve at Oak Meadows Register for Golf NFPA’s Industry and Economic Outlook Conference is best known for its premier networking, enriching educational content and, of course, the NFPA Foundation Golf Fundraiser. After 2 years of major construction and renovation, The Preserve at Oak Meadows welcomed golfers back for a first…