Focus On The Plumbing Manufacturers Institute: PMI's 'Focus Five' Drives Group's Activities
Just as the nature of business, manufacturing and world trade has changed over the years, so too has the role of trade associations.
Once organized primarily around social functions, trade associations today must deliver real, measurable business value. Increased attention to the bottom line, time pressure and cost/value analyses have changed the way in which companies view expenditures in general. While the networking aspect of trade associations continues to be important, social programs have given way to a much more business-focused format.