Over the last decade, organisations of all sizes have embraced Organisation Benchmarking as a means of improving business performance. It is now a crowded market for providers, which range from small specialists to divisions of the global management consultancies.
At Fulcrium we are occasionally approached to undertake benchmarking to provide data confirming predetermined decisions by senior management on maintaining, increasing or decreasing headcount. We regard this as a misuse of benchmarking.
In contrast, we only provide our Organisation Benchmarking data to businesses genuinely committed to using it as a tool to drive exceptional performance improvement, whether as a standalone process or as an element of a transformation initiative.
Often, we find that our client organisations already have the best and most appropriate performance processes in place, but they are not optimised to deliver the expected benefits. As a result, the problems within the company may be misinterpreted as “people” issues and a fault of “organisational culture”. Our benchmarking data will cut through these mistaken beliefs, ensuring that the organisation applies processes appropriately and has as accurate picture of resource capacity and capabilities to meet its strategic objectives.
We are often appointed to find the best-performing parts of organisations, those in which meeting targets seems to happen effortlessly: staff are motivated and responsive, teams collaborate, objectives are aligned, and there are no empire-builders or competing interests. The ultimate benefit of identifying such successful units is that their culture of excellence can be replicated elsewhere – and ultimately raise the performance levels of the entire organisation.
Over almost two decades, we have built the world’s most comprehensive Benchmarking and Market Intelligence database, enabling us to benchmark any element of your organisation against the best-in-class. For instance, if you operate in the energy sector, we could provide comparative data from your peers, or from organisations in e.g. upstream Oil & Gas, mining and chemicals, or even in seemingly unrelated sectors in which we also have expertise e.g. airlines, banking, insurance, FMCG.
By acquiring in-depth knowledge of costs, processses and performance, you will be able to evaluate yourself against organisations which we know are the outstanding performers – delivering the data to enable you to replicate them in-house.
We have extensive experience of conducting customised Organisation Benchmarking with major organisations seeking to either grow organically or through mergers and acquisitions. In the latter cases, complex legacy or inherited organisational structures frequently hinder performance.
With cost-cutting strategies and merger synergies exhausted, the next wave of efficiencies must come from simplifying the organisation, ensuring the best people are assigned to the right functions and business units, and that executive directors and employees are aligned to overcome barriers to improved performance.
Fulcrium is the preferred Benchmarking Data and Market Intelligence partner to some of the world’s largest companies – because we are no ordinary benchmarking company. Our differentiator is that we undertake only the toughest “special” benchmarking engagements, often for CEO’s, COO’s and Board Executives that have been previously disappointed with other providers, using our proprietary customised benchmarking methodology and our unsurpassed Organisation Benchmarking database.
Rest assured that we do not use our Organisation Benchmarking Data services to sell consultancy engagements. Fulcrium has extensive strategic capabilities, and we are more than capable of delivering exceptional quality in this area should clients require it, but our primary focus is on utilising the unique power of our database.