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Peerview Data Insights

10 Quotes That Will Change Your Mind About Benchmarking

What a business needs most for its decisions — especially its strategic ones — are data about what goes on outside it. Only outside a business are there results, opportunities and threats.”
— Peter Drucker

All successful companies are constantly benchmarking their competition. They have to know what they have to match up with day-in and day-out if their company is going to be successful."
— James Dunn

Only when the tide goes out do you discover who's been swimming naked."
— Warren Buffett

If you know they enemy and know yourself, you need not fear the results of 100 battles." — Sun Tzu

I still work hard to know my business. I'm continuously looking for ways to improve all my companies."
— Mark Cuban

All Good to Great companies began the process of finding a path to greatness by confronting the brutal facts about the reality of their business. When you start with an honest and diligent effort to determine the truth of your situation, the right decisions often become self-evident.”
— Jim Collins

Being at least as good as the leader is a prerequisite to being competitive.”
— Peter Drucker

If you're not benchmarking your performance aginst your competitors, you're just playing with yourself.
— Al Paison

To me, business is the ultimate sport. It's always on. There is always someone trying to beat me."
— Mark Cuban

Nobody is an industry of one."
— Peerview Data

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Topics: Analytics big data Benchmarking CPAs Accounting Trends Mark Cuban AICPA Accountants