Industry standards can be used to determine the ideal future state of a business by setting a benchmark for what is considered successful or efficient in a particular industry. These standards can be used to define quantifiable goals for the business to strive for. For example, if a business has been growing sales at 10% each year, but they suddenly drop to 8%, the end goal might be to bring sales back up to the 10% level or higher, based on industry standards.
Use our Gap Analysis presentation to assess your team’s current state and identify ways to bridge th...
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