Get clarity on performance areas and changes needed with a deeper focus. Determine the root cause of inefficiencies.
While the first step in this process is determining where problems lie, the most difficult part is identifying what perspective to take when determining what changes are required to improve. Solomon’s Deep Drill-Down (3D) Performance Analysis helps clarify situations by focusing on improvement objectives and designing and performing a custom analysis of existing benchmarking data to determine the root cause of inefficiencies.
We begin our analysis by defining priorities and setting targets to achieve the results you want. We then build a custom-designed analysis to generate solutions.
The analysis compares your data to “world-best” performers for opportunity screening and custom peers to validate those opportunities. The complete analysis goes beyond defining your potential inefficiencies—it goes deeper into the data to show you specific changes that you can make to drive improvement and achieve your business objectives.
With 3D, we deliver a custom analysis that answers your performance improvement questions and provides you with a clear set of realistic targets. Combined with our Advisory Services solutions, we go one step further and develop a roadmap to close your gaps and improve performance.
Compare your data to “world-best” performers for opportunity screening and custom peers for opportunity validation.
Areas of potential focus
Performance analysis areas:
- Energy management
- Maintenance turnaround interval, duration, and effort
- Reliability and maintenance
A deep drill-down can:
- Confirm performance capabilities.
- Highlight performance areas to most relevant peers.
- Help you understand and prioritize areas for improved profitability.
- Uncover opportunities without additional data.
- Provide returns far exceeding study cost.
- Provide additional details for target setting.
Learn How You Can Participate
Obtain a clear picture of your competitive position with data-driven, actionable insight. Make informed decisions and justify your strategies and improvement projects.
"If you always do what you always did, you will always get what you always got." ALBERT EINSTEIN
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.
If your organization is new to one of our studies or has experienced challenges completing the study data input forms, Solomon can help. Data quality and a proven benchmarking methodology enable results and insight you can trust. Contact us today!