Evaluating your enterpriseA system of one or more organizations and the solutions they use to pursue a shared set of common goals. and ensuring it operates efficiently.

• Identifies the areas to be studied.

• Identifies enterprises that are leaders in the sector (including competitors).

• ·Allows surveys of selected enterprises to understand their practices.

• Uses a Request for Information (RFI)A formal elicitation method intended to collect information regarding a vendor’s capabilities or any other information relevant to a potential upcoming procurement. to gather information about capabilities.

• Arranges visits to best-in-class organizations.

• Pinpoints gaps between current and best practices and develops a projectA temporary endeavour undertaken to create a unique product, service, or result. proposal to implement best practices.

• ·Serves compliance purposes. Performing benchmarkingA comparison of a decision, process, service, or system’s cost, time, quality, or other metrics to those of leading peers to identify opportunities for improvement. against standards can initiate changes within an organizationAn autonomous group of people under the management of a single individual or board, that works towards common goals and objectives..