Benchmarking

Ignatov & Company provides Benchmarking services to our global clients since 1998.

Comparing own business indicators vs. those with competitors or average in the market is a good tool to understand your strengths and weaknesses.

We do Benchmarking as part of Market Research, Company Intelligence, Business Consulting, and Engineering Consulting – and as standalone projects; currently Ignatov supports the following types of Benchmarking projects:

• Price Benchmarking
• Expense Benchmarking
• Financial Benchmarking
• Performance Benchmarking
• Product Benchmarking
• Strategic Benchmarking

We use various sources for benchmarking data – making interviews with stakeholders, customer surveys as well as actively utilizing online and offline databases and other desk sources (such as corporate financial reports, etc.).

Ignatov does entire Benchmarking projects – but also may provide job in Benchmarking particular stages:

• Identification and adjustment of benchmarking indicators
• Identification and selection of companies to compare with
• Identification of data sources for benchmarking indicators
• Benchmarking data collection (with surveys/interviews, databases and other desk sources)
• Benchmarking calculations
• Analysis of benchmarking results

Thus our customers may select either we do a Benchmarking entire project – or just any part of it (while other parts to be completed with a client or third parties).