"Seek first to
understand. . ."
The answer to the
logical question of "Why is Benchmarking so
strong in identifying unknown areas to address?", is that it
involves continuously tracking and comparing current against
past performances of the firm in question AND measures them against
industry competitors (or a similar industry) for the purpose of
improving performance. Using proven key financial performance
indicators, these unknown issues are identified, along with
options to change for performance improvement.
and regional industry groups can address
these issues from within, but it can be a real challenge given
limited time and qualified resources. Another
option is to utilize consultants, business advisors, and other
professionals -- there are many choices that may be able
to address these issues -- as long as it is their area of expertise.
With a focus in
the area of Benchmarking, and a global network of skilled,
experienced professionals to address virtually all of the issues
that a business can encounter, a sound option for your
consideration is to contact Steven Battilana by phone at
areas to address, with personal review (annual, quarterly,
or monthly). A comprehensive "what-if" analysis tool is also an
regional groups seeking competitive data not available
elsewhere. Inquire or better
yet, call 610-399-8399.