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The Performance Benchmarking Forum (PBF) serves the international construction sector in managing forums for Chief Executives and other Main Board Directors of the larger consulting firms and other design and project professionals. They come together to share experience in addressing current sector issues.
The PBF is unique in the way it provides accurate benchmarking of business performance. The carefully defined metrics, their method and frequency of collection, analysis and reporting, provide reliable, confidential comparisons between direct competitors. They are delivered efficiently and effectively, minimising the time and effort required by Members.
Some firms compare their performance against others in their industry sector by participating in annual surveys organised by their trade or professional body. Frequently these are promoted as benchmarking. Although the subsequent reports make interesting reading, and can give a good overview of the structure of the industry and its general performance, they lack integrity: they are of limited value to a firm seeking to really understand how it measures up to its competitors. Getting Value from Benchmarking click here