Hackett-Certified™ Practices
Best practices, as defined by The Hackett Group, are proven, repeatable, documented techniques that deliver measurable performance improvements. Executives look to best practices to help them speed their progress toward performance improvement, and to guide them around pitfalls that might otherwise slow or even halt their initiatives.
What makes Hackett's best practices unique is the reliability and depth of the documentation behind them.
Best practices that Hackett measures become "certified" when we can empirically document a correlation with the ability to achieve world-class performance. Our performance standard of "world-class" describes organizations that achieved top-quartile performance in both effectiveness and efficiency.
Best practices recommended by The Hackett Group are based on our unparalleled database of more than 4,000 empirical studies from nearly 3,000 participating organizations around the globe, including 97% of the Dow Jones Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100.
Our studies address both qualitative performance - such as functional alignment with corporate strategy, process design, level of technology leverage, ability/readiness to partner with customers and suppliers, and organization design - and traditional quantitative metrics, such as cost, cycle time, quality and productivity.
Regardless of industry, geographic location or organizational structure, executives can rely on Hackett best practices to put the weight of empirical evidence behind their business decisions.
Hackett Best Practices Defined:
- Aligns with strategy
- Reduces costs
- Improves productivity
- Promotes timely execution
- Enables better decision making
- Leverages/exploits existing/emerging technologies
- Ensures acceptable levels of control and risk management
- Optimizes the skills and capabilities of the organization
- Promotes collaboration across the extended enterprise