Overview of Dynamic Benchmarking for Associations
15
Dynamic Benchmarking is the continuous and productive study of business performance relative to peers An Introduction to Stack-up™ by Dynamic Benchmarking ™
-
Upload
dynamic-benchmarking -
Category
Technology
-
view
210 -
download
1
description
Stack-up™ is an online benchmarking service that provides real-time peer comparisons of financial and operational metrics. Offered in partnership with professional associations, it helps member businesses gain insight into their operations to identify areas for incremental revenue, cost savings, service improvements and more.We partner with associations to create and offer a solution specifically designed to meet the needs of your member businesses
Transcript of Overview of Dynamic Benchmarking for Associations
Dynamic Benchmarking is the continuous and productive study of business performance relative to peers
An Introduction to Stack-up™
by
Dynamic Benchmarking™
What is Stack-up™?
▫ Fully customized metrics, filtering and reporting▫ Members-only website branded for your association▫ Annual subscription model that delivers association revenue
Stack-up™ is an online benchmarking service that provides real-time peer comparisons of financial and operational metrics. Offered in partnership with professional associations, it helps member businesses gain insight into their operations to identify areas for incremental revenue, cost savings, service improvements and more.
We partner with associations to create and offer a solution specifically designed to meet the needs of your member businesses, including
How Does it Work?
Online Database
Instant Peer Comparisons
Year over Year Analysis
Pre-configured PowerPoint Reports
Aggregated Data
• Operational and financial metrics
• Key performance indicators
• Annual, quarterly or monthly data
Business 2
Business 3
Business 4
Business 5+
Business 1
The Development Process
• We consult with our clients to develop the metrics, filters, reports and KPIs that are specific to your targeted users
• We brand the platform for each client industry
• We provide data integration services for automatically populating metrics
• We work together to determine user pricing and market the Dynamic Benchmarking platform to your members
• We provide product launch training and marketing support as needed
The User Experience
• Users input their data into the association branded web-based service
• After data is entered and/or confirmed, users can instantly compare themselves to their peers already in the community
• A filter capability allows a dynamic selection of peers based on specific and customizable criteria (e.g. revenue, type of business, geographic location, etc.)
• Pre-configured PowerPoint reports display the user’s information and aggregate data for online viewing, downloading, emailing and printing
• Password protected security and firewalls use the same technology as online banking, to ensure anonymity and protect the business data
Stack-up™ is branded for you
You supply the product name, logo, graphics and color scheme for complete branding.
Main Gateway Page
Questions are grouped into major categories. Click on the gray sub-groups to see questions.
Three Main Tabs for simple Navigation
My Company -Enter data or review pre-populated data
Compare Companies -Compare your company to other s
Reports and Charts-Download PowerPoint charts
The Progress Bar and Question Tallies help to monitor completion
My Company Page-Input data
Metrics – Enter answers for each question by choosing from a drop down list or typing in responses. The blue help text explains the intent of the metric.
Main Menu - Use this menu to navigate anywhere in the site
Sub-group Tabs –Move from one question group to another by clicking on these tabs.
Compare Companies-Line Charts
For each question, the line charts show: • Your company’s results (in blue) on the top of the line
• 25th and 75th
Percentile• Median (in black) below the line
• Pop-up charts provide more details about the data that makes up the results.
Compare Companies- Filtering
Use filtering to create peer groups on the fly and compare yourself to a subset of your peers.
A message will indicate the number of companies that match your selected criteria. If a user “drills down” too far, there will be a message indicating that there are not enough companies to display results. This protects the anonymity of the other businesses.
Filter settings can be saved for future use by designating them a “Favorite”.
Reports and Charts
Download pre-configured reports that each contains multiple charts and graphs . Use for presentations, capture historical snapshots and communicate with others.
Sample Reports
Stack-up™ is scalable and versatile
Small scale solution:
~ 20 metrics
Large scale solution:
~ 200 metrics
Small Association:
~5,000 members
Large Association:
~ 50,000+ members
Stack-up is a versatile solution that varies according to the needs of the association and the association’s members and can be easily deployed .
Variables include:• Number of metrics & filters• Complexity of reports• Integration with existing software• Revenue generation goals
Large Association
Small Association
Small Solution Large Solution
Dynamic Benchmarking Clients
•ASAE• International Franchise Association•Club Managers of America Association•American Association of Museums•Association for the Advancement of Medical Instrumentation•Association Forum of Chicagoland•CFA Institute•Association of University Programs in Healthcare
Administration
