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It was an honor being elected president of FPPA during the
convention, and a privilege to have worked closely with
Chris Horton, who served the association well this past year. Thanks to
Chris for his leadership and dedication.
Every president seems to be passionate
about a few key programs or services. For me, it is the Financial Survey
and Ratio Study (Industry Survey), that we have been conducting every
two to three years. This year we are considering conducting an Industry
Survey for our members. The ratios obtained from such a survey can be a
significant management tool that can make a real difference in your
profitability. By reviewing key information from your company’s
operations, then measuring it against survey data from a cross-section
of companies, participants are able to find efficiency and productivity
improvements that can help contain expense, produce more billable work
and possibly identify opportunities for revenue growth.
FPPA is the only organization that can
coordinate such a survey – where all of the data and information is 100%
applicable to our businesses. As platemakers, we don’t need to weed
through volumes of data to find the two or three line items that apply
to us – it is all pertinent.
So, why should you take the time to
participate in the Industry Survey? Most importantly, if you do not
participate…we may not have the critical mass to conduct the survey. We
need a significant number of participants (at least 50% of our member
platemakers) to increase the validity of the survey results. Secondly,
all participants will get a free copy of this 15-20 page Survey. Surely
this is worth an investment of a couple hours of your time to
help your company become more efficient, more productive and more
profitable!
By now you should have received a brief
electronic survey from FPPA headquarters requesting your opinion about
several key FPPA initiatives and programs. Please take a minute to
respond so that we can create programs and services that benefit your
company. This is your association and we need to know how you feel.
Please contact me with any comments or
suggestions you have at 562-282-8000 or
jnoller@gdsflexo.com. Thank you for your support. |