Business Benchmarking Services
The Hackett Group’s research reveals a strong correlation between consistent use of business best practices and the ability to operate at lower cost and increase value realization. How can business performance benchmarking help you pinpoint – and pursue – your organization’s most substantial performance optimization opportunities?
Assess performance, fast and objectively
Our functional and process benchmarking services provide your executives with insight they need to:
- Evaluate performance relative to business value and strategy
- Identify, quantify and prioritize process improvement opportunities
- Develop a factual basis for driving change
Business benchmarking – backed by the world’s largest repository of empirically proven business best practices
The Hackett Group® has completed more than 26,000 business benchmarking studies, providing us with unrivaled benchmark data and process metrics, as well as insights into the performance of peers and world-class organizations across functions. All of that key content comes from our proprietary business best practices database. It is the result of nearly a quarter century of performance benchmarking with more than 9,100 organizations around the world.
Best practices benchmarking: gain insight, take action
We assess each function’s contribution to business value relative to its cost of delivering services. Our approach considers:
- Qualitative measures such as alignment with business goals, level of technology integration achieved, or readiness to partner with customers and suppliers
- Quantitative measures such as cost, cycle time, FTE effort, use of shared services, and application complexity
The result: a comprehensive, empirical comparison of your performance relative to both a statistical median of a meaningful peer group and world-class performers. You get:
- Detailed comparisons of functional and process performance
- Analyses of root causes of complexity and value of services delivered
- Specific business best practices required to deliver process improvements and efficiencies
- Targeted recommendations, presented in boardroom-level, results-oriented business terms