Assess “what if” and other unique business and operational scenarios to justify and model potential courses of action.
With a Pro Forma case, you’ll follow Solomon’s standard performance benchmarking process with regard to input data forms and instructions. What you’ll receive is a full set of standard electronic study deliverables for benchmarking the performance of your Pro Forma case, including an in-depth gap analysis.*
Pro Forma cases may be developed to assess how changes would affect an entire facility, or they may be limited to examining only certain major categories of performance (e.g., gross margin, energy, maintenance/reliability, staffing, etc.).
* For more in-depth analysis, Pro Forma cases can be integrated within Solomon’s Deep Drill-Down (3D) service.
** Pro Forma cases related to future capital investment are best integrated within Solomon’s Q1 Day 1™ product, which helps secure an investment’s return by ensuring that competitive targets and best practices are integrated into the project before the build is executed.
Learn how changes will affect an entire facility or certain areas of performance.
Pro Forma Case
Examples of when a Pro Forma case is used:
- Off-cycle study-year performance
- Annualized partial year operations to exclude shutdown periods
- Impacts from natural disasters, fires/explosions or economics/bankruptcies
- Performance of refinery expansion projects** or a new grassroots refinery,* post-startup
- Planned, major staffing restructuring
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.
Solomon benchmarking is the key to understanding your operational gaps relative to peers across a wide range of key performance indicators (KPIs) and helps you better compete in today’s ever-changing industry. Our proprietary database and benchmarking studies enable a deep understanding of the factors driving your industry and competition; insight not possible with internal benchmarking.
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!