Benchmarking
More than a Check Up—A Regimen for Making Your Company a Top Contender
To stay fit, to be agile enough to leap road blocks and nimble enough to side step complications, your company needs periodic check-ups. Instead to taking precious time from the day to day exigencies of running your business, rely on us, partner and coach, well versed in market trends.
We have strong credentials in both internal and external benchmarking in the automotive, metals, telecom, and textile industries. We know the opportunities and pitfalls of different parties sharing internal data and are able to organize, moderate, and execute studies both small and large scale.
Our Approach to Benchmarking
Benchmarking is a fact-based approach to growth and efficiency. Our approach to benchmarking focuses on seven strategic and operational dimensions of excellence. Beginning with a focused analysis of your company, we compare you with others in your industry—while maintaining both your confidentiality and that of the other companies. Our strict confidentiality guidelines ensure that your data remains your data.
Strategic dimensions reflect the broad business decision: Ownership & Return, Market & Flexibility, Organization & Leadership, and Products & Services. Operational dimensions reflect execution capabilities: Productivity & output, Efficiency & Input, and Profitability. Our benchmark approach is rigorous and systematic. Using audit-based data gathering and internal, external and functional comparisons, we are able to provide you a comprehensive check up of your entire business.
The seven strategic and operational dimensions of excellence.
Internal benchmarking means that we compare your data with data from other similar parts of your organizations or organizations linked to yours. External benchmarking is a comparison of your company against your competitors, or other comparable organizations. Functional benchmarking is where we give you the potential to leapfrog your competition. We compare your company to similar ones in other industry with a specific functional area—e.g., call centers.
We review, as a partner and coach, the implications of the findings reported in the summaries and diagrams presented to company owners or senior management. We consider specific opportunities and threats in light of a company′s particular strengths and weaknesses. We guide thinking about and assessment of costs, ways of producing and buying, and growth, organic and inorganic, and the tradeoffs implicit and inherent between and among these elements. We help management define and articulate a vision for the future and strategy for realizing that vision, and help to navigate a course that adds to the company′s value milestone by milestone.