"I can highly recommend PT Benchmark to my colleagues. Although we were close to the norm in most categories, we found two important areas that we’ll be able to work on and I’m confident it will improve our bottom line. By participating in the study, you’ll either be able to confirm your success with hard data or uncover problem areas that you can attack and improve. So there’s no reason to put this off any longer. It’s a great opportunity!"
Vincent Smith, PT
Barkman & Smith Physical Therapy
Vincent Smith, PT
Barkman & Smith Physical Therapy
"I wanted to let you know how invaluable the PT Benchmark reports and the process has been for my business and me. I have been able to fill a few important holes in my systems because we went through this process.
I now have objective data to use in negotiations with vendors and employees. And an unexpected benefit has been that I have used the results to help train my managers about the importance of gathering data, measuring systems and then using that data to manage those systems. We as a profession and as practice owners need this data to become more efficient and effective."
Jeffrey W. Hathaway, PT
PRO-Active Physical Therap
I now have objective data to use in negotiations with vendors and employees. And an unexpected benefit has been that I have used the results to help train my managers about the importance of gathering data, measuring systems and then using that data to manage those systems. We as a profession and as practice owners need this data to become more efficient and effective."
Jeffrey W. Hathaway, PT
PRO-Active Physical Therap
"I highly recommend this study to other practice owners who want to focus on areas that need attention"
Tom Meenzhuber, PT
Tom Meenzhuber, PT
"This study is extremely extensive and is something I wish I had access to 20 years ago . . . I plan on participating in PT Benchmark."
Craig Caldwell, PT
Craig Caldwell, PT
"I realized I needed some functional, useful, and practical data on how my business was performing and operating. The PT Benchmark Study was the perfect answer."
Thomas Sanderson, PT
Thomas Sanderson, PT
The Importance of Benchmarking
Bain & Company Management Tools & Trends 2009 Report
• 12 surveys over the last 16 years with 9,933 respondents from more than 70 countries
• 2009 had 1,430 completed surveys
• Benchmarking compares processes and performance with internal and external benchmarks. Companies incorporate identified best practices to meet improvement targets.
• Globally 87% of polled executives report using benchmarking to improve their companies
• Benchmarking is the #1 management tool used by companies that report satisfaction with their financial performance
• Organizations that are satisfied with their financial performance use several tools more than those who are not satisfied:Benchmarking, Strategic Planning & Balanced Scorecard are the top three
• Tools such as Benchmark, Strategic Planning and Mission and Vision Statements are heavily used regardless of the economic cycle
• The top three most used management tools in North America are Benchmarking, Strategic Planning, and Mission and Vision Statements
• For the first time since 1997 Benchmarking passed Strategic Planning as the most used tool
• 12 surveys over the last 16 years with 9,933 respondents from more than 70 countries
• 2009 had 1,430 completed surveys
• Benchmarking compares processes and performance with internal and external benchmarks. Companies incorporate identified best practices to meet improvement targets.
• Globally 87% of polled executives report using benchmarking to improve their companies
• Benchmarking is the #1 management tool used by companies that report satisfaction with their financial performance
• Organizations that are satisfied with their financial performance use several tools more than those who are not satisfied:Benchmarking, Strategic Planning & Balanced Scorecard are the top three
• Tools such as Benchmark, Strategic Planning and Mission and Vision Statements are heavily used regardless of the economic cycle
• The top three most used management tools in North America are Benchmarking, Strategic Planning, and Mission and Vision Statements
• For the first time since 1997 Benchmarking passed Strategic Planning as the most used tool