Performance Benchmark Report

IOFM's Fall 2017 Performance Benchmark Report

Benchmarking

Before you begin any process improvement journey, you should first measure your current performance to determine where to focus. This report is designed to aid your management decisions by segmenting data by the extent to which you’ve centralized your operations and automated your processes. For each stage in development, along each track, IOFM provides the Key Performance Indicators you need to answer two fundamental questions:

  1. Compared to my current peer group, where do I have room to improve – and by how much?
  2. If I further invest along either track, how much of an improvement is realistic?