Forecasting for the Year Ahead: Key Indicators You Can’t Afford to Ignore
- Forcasting, Leadership
- October 22, 2024
By Dave Williamson, Kent Companies As the year draws to a close, businesses are looking ahead and setting goals for 2025. In an environment as dynamic as construction, accurately forecasting the year requires a balanced approach. To build a robust forecast, you need to evaluate leading indicators, which signal future events, and lagging indicators, which
READ MOREAre You Walking in Circle or Hitting the Mark? By Leah Gradl, Kent Companies Scientists proved that people really do walk in circles when lost. A study in “Current Biology” examined the walking trajectories of people who walked for several hours in the Sahara Desert. The results showed that participants were only able to maintain
READ MOREBy Stephane McShane, Maxim Consulting Group The Key to Executing Strategic Plans In the dynamic and ever-evolving business landscape, organizations face the constant challenge of translating strategic visions into actionable plans. The success of any business hinges on its ability to align its operations, resources, and people with overarching strategic goals. This alignment is either
READ MOREBy Joshua Polak, AssuredPartners Any business that has experienced a significant property damage event can attest to the fact that navigating through the claim process can be challenging. Even when appropriate coverage is in place, managing the communication and documentation necessary can be confusing, time-consuming, and disruptive to business operations. These challenges can be magnified
READ MOREWatch: Top 20 construction companies by sales 2003-2022 By Neil GerrardApril 05, 2023 https://news.conexpoconagg.com/news/watch-top-15-construction-equipment-companies-by-sales-2003-2022/12614.article This chart draws on data from International Construction’s Yellow Table, which tracks the top 50 construction OEMs across the world. For viewing clarity, this animation follows the top 15. 2023: North American Engineering & Construction Outlook: Second Quarter Download the second
READ MOREThis is a monthly compilation of construction/economic tables and information, assembled in one place for your review. Sources are provided in case you want to delve deeper. Dodge Momentum Index fell 8.4% in January to 201.5 (Dec 220.0)The commercial component of the DMIfell 10% and the institutional component receded 4.7%Weakness in commercial planning in January
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