Million Dollar Question: Why Benchmark?

PSMJ Resources, Inc.
Posted on: 04/04/19
Written by: PSMJ Resources, Inc.

download (1)-2.jpgFor more than 40 years, PSMJ has been the go-to resource for industry benchmarking data! PSMJ surveys allow you to quickly analyze your firm and develop a strategy for success.

The million dollar question is: Why benchmark your firm's financial performance today?

The answer:

Industry-specific benchmarking equips firm decision-makers with objective, fact-based data to confidently develop strategies to improve architecture and engineering firms performance and processes and to build a persuasive business case for change. It allows firms to compare their results to their industry peers, as well as best in class.

The most successful A/E firms plan strategically.

 And as discussed often in this blog, benchmarking is crucial to firm success. 

  • How do you know where you need to go if you don’t know where you are? Analyze your data by selecting relevant metrics from more than 25 peer groups.

  • How do we get there? Develop key initiatives, backed by data, to define the firm’s short- and long-term future. 

  • How did we do? Track success by keeping score using key performance metrics. 

The fundamental key to planning is quality data, and PSMJ’s rigorous survey program provides the accurate and relevant industry metrics that architecture and engineering firm leaders rely on. 

FIN_Survey_JAN_2019_OPENParticipation Open Now—Be A Part Of Our 2019 Financial Performance Benchmark Survey. This is the first step in seeing if your firm qualifies as a 2019 Circle of Excellence member, the top 20 percent of high performers in the A/E industry.

 

 

 

Be a part of the preeminent source of current, accurate, and significant benchmarking data. Be a part of the A/E benchmarking surge. Don’t be left behind.

Participate Today

                                                     

SUBSCRIBE TO BLOG:
August 5, 2022

Cybersecurity for AEC Firms

With news headlines filled with reports of cyberattacks shutting down everything from fuel pipelines, to food distribution, to internet services, it is not unthinkable that your..

Read More
August 3, 2022

PSMJ Resources Announces the Top-Performing Architecture and Engineering Firms for 2022

PSMJ’s exclusive Circle of Excellence highlights firms that demonstrate outstanding business achievement in the architecture and engineering industry. August 3, 2022 (Newton, MA)—..

Read More
July 22, 2022

PSMJ ANNOUNCES 2022 A/E/C EMPLOYER OF CHOICE AWARD WINNERS

PSMJ Resources, Inc., the global leader in business management data and guidance for architects and engineers, announces the winners of the 2022 A/E/C Employer of Choice Award,..

Read More