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The Hackett Group uses a rigorously defined taxonomy of corporate functional processes and activities that ensures reliable comparisons across different firms. Hackett's database is the most comprehensive in the world and contains data and best practices from more than 4,000 individual benchmarks.
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Hackett consultants work with client teams to quickly complete the acquisition of benchmark data, using customized client portals and online data-validation tools. After analysis, they deliver their fact-based findings to the client to establish a baseline for the organization's current performance, providing results against an appropriate peer group and world-class; defining and quantifying the organization's performance gaps, both in terms of functional efficiency and effectiveness; and prioritizing improvement initiatives, ranging from quick wins to longer-term projects. The entire process can be completed in as little as 6-12 weeks, depending on scope, and minimizes disruption to the client team. |
 G&A cost gap (in US$ millions) between the world-class and industry averages has increased by 33% over the last three years to $141 million for the typical Global 1000 company. |
When discussing performance levels without a fact-based benchmark, you are just having a debate of ideas, and you cannot achieve clarity and direction in a debate of ideas. Hackett's information provided the insight we needed to identify our biggest opportunities and move with speed and alignment to solve them.
- CEO $100+ billion automotive manufacturing company
For more information on any of our Benchmarking Programs, contact us.