The state of your construction company – Benchmarking can help you determine where you stand

Description

Abstract: To get and stay ahead, contractors must continually focus on getting better. One way to do so is to regularly undertake the process of benchmarking their company’s performance against either its previous results or those of other contractors who provide comparable services. This article examines the differences between internal and external benchmarking and how to choose the specific benchmarks that have the most effect on the company. It’s then a matter of assembling the right data to be measured.