Berenschot bundles benchmark expertise in new institute
As of today, organisational advice agency, Berenschot, has combined all knowledge and services regarding benchmarks in the Berenschot Benchmark Institute. The objective of benchmarking - measuring, comparing and improving performance - is to help organisations improve their operations.
Over the past two decades, Berenschot has implemented benchmarks on numerous themes for thousands of organisations within both the public domain and the business community. “Just like many other organisations, we are good in the smart collection and comparison of data. And like many other organisations, we are very capable of translating the outcomes to strategy, management information and improvements. However, there are few agencies that, like us, excel in both competencies. For us, the benchmark is not the destination, but the start of discussion and improvement”, explained Hans van der Molen, Chairman of the Berenschot Board. “We will now also be making parts of these data and insights available via our website. This will offer customers the opportunity to make the initial comparisons and analyses themselves.”
Berenschot uses state-of-the-art analyses and technologies in its benchmarking. “The availability, role and strength of data is increasing. So for benchmarks, we also combine our own data with external, often open data sources, make more frequent use of artificial intelligence in such things as preventing and resolving data inconsistences and we safeguard good and reliable data, partly with the assistance of blockchain applications,” stated Marvin Hanekamp, Benchmarking Portfolio Manager at Berenschot. “Moreover, we are now opening up our benchmark databases using business intelligence software, which offers us new and interactive opportunities for analyses, generation of insights and online and mobile reports.”
And yet, Hanekamp does not consider analyses and technologies as Berenschot’s greatest strength. “These are actually preconditions. What is more important is that we always develop benchmarks together with our customers, can combine benchmark expertise and sector knowledge, focus on validation and be able to cooperate with colleagues to translate the outcomes into usable recommendations. What is also valuable, is that we get to know best practices and put organisations in contact with each other.”