Our Benchmarking Methodology
Creating Benchmarking databases to support benchmarking efforts including;
- Organizing taxonomies of over 240 business processes used for analytic purposes
- Creating over 600 study maps and guides to structure benchmarking efforts
- Developing industry standard databases of performance measures
- Gathering company responses to specific measures into databases
- Administering databases of over 140,000 process owners categorized by industry and process interest
- Leading individual companies in benchmarking efforts by;
- Defining high payoff areas for research topics
- Conducting short Fasttrakk™ surveys (typically 2-4 weeks) and long (site visit) benchmarking efforts typically 4-5 months
- Facilitating project teams in benchmarking efforts
- Attracting top companies to join efforts
- Measuring performance
- Performing Gap analysis
- Leading site visits to best practice companies
- Compiling results and making recommendations for action
- Providing implementation services
Project Steps
TBN will meet with your project team to more closely define the project scope and intent to define specific areas to cover in each study. Each study will contain these major activities:
- Detailed project definition;
- Survey formulation;
- Participant solicitation;
- Data gathering;
- Data tabulation and analysis;
- Site visits;
- Project meetings/Status updates;
- Final report preparation; and
- Final report meeting.
