Week Three: Benchmarks, Competitive Requirements, and Steering Team Review Number One
The first agenda item on Day One is to review results of the detailed query data collection assigned during Week Two. The owner of each metric should lead the review of data, making adjustments to the type or form of information being sought, assumptions, and estimates on the time required to finish collection data for the SCORcards.
The second agenda item is to review the completed benchmark data results assigned during the previous week. For this, the team will use its industry comparison spreadsheet. By now, all actual data, plus large portions of the internal and shareholder benchmark sections of the SCORcard, should be complete. After the data has been reviewed, submitting the completed PMG benchmark survey is the last step in completing the costumer-facing and supply chain-specific benchmark data of the SCORcard.
Operating income seemed to be a good comparison point for expenses.