SB – Objectives and Benefits2023-03-30T13:45:33+00:00

Strategic Benchmarking.

Strategic Benchmarking.

Objectives and Benefits.

 

Objectives:

Objectives:

  1. Meaningful split into distinct SBUs that make strategic sense.
  2. Thorough diagnosis of strengths, weaknesses, opportunities, threats.
  3. Find the best set of comparable businesses for each SBU to learn from.
  4. Evidence-based research to find the best feasible recipes for future success under alternative future scenarios.
  5. Add historic data (if research quality) to the database.

Benefits:

 

Benefits:

 

  1. It works. Evidence and science generally beat wishful thinking.
  2. Quick results because database is there already.
  3. Clear, objective framework promotes inclusivity and broad ownership of strategy.
  4. Stops timewasting on low-impact improvement projects, puts focus on the improvements that matter.
  5. World-leading database on business strategy

Science and Methods

Multivariate statistical and AI tools to explore and quantify performance drivers: result = par models to quantify strengths and weaknesses.
Clustering: result = report on look-alikes to characterise winners versus losers by performance.

Phases and Steps

  1. SBU definition.
  2. Assembly of existing available data.
  3. Workshops and interviews to fill out data, map into PIMS
    format, paint scenarios.
  4. Analysis.
  5. Discussion of results and implementation.
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