The Best of Latest Benchmarking Metrics from Hackett Group

World-Class HR Organizations: Spend 13% Less; Operate with 15% Fewer Staff

World-class HR organizations also operate with 15% fewer staff, with 11.5 FTEs per 1000 employees versus 13.5 for typical companies.
World-Class IT Organizations Spend 7%; Generate Strong ROI in Other SG&A Areas
Top Performers Spend 45% Less and Operate With 56% Fewer Staff
1,000 of the biggest U.S. companies freed up $72 billion through improved efficiency
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Last year, 1,000 of the biggest U.S. companies freed up about $72 billion through improvements in collecting bills, turning over inventory and stretching out the amount of time they take to pay their own suppliers, according to a survey by Hackett-REL, a unit of business-consulting firm Hackett Group that focuses on working-capital issues. These companies reduced the amount of money they have tied up in working capital by an average 5.6% from 2004, according to the survey. Of the 82 industries surveyed, 45 improved their working-capital situation, while 35 worsened and the rest were unchanged from a similar survey in 2004. |