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Longitudinal Monitoring is more than a benchmarking tool it assesses performance over several years focusing on added value. 

Do you have responsibility for a group of companies and need to know trends in their performance?

Are you working for a public service organisation – staff or project - assisting SMEs with economic advice or support?

Is your organisation involved with companies whose performance you wish to assess individually and as a group?

Do you need a quick, precise overview of a group of companies in your Trade Association?

Longitudinal Monitoring compares the performance of a select group of companies, identifying progressions and trends over an extended period.  Focusing on adding value, it paints an in-depth picture of the impact of your organisation’s activities.

Tailored for the needs of public sector organisations, this tool allows you to assess the impact of your organisation’s work with companies. The resulting report provides a basis for you to set goals, develop, validate strategies and prioritise actions. This tool can be tailored to your organisation’s specific requirements with additional questions added and personalised reports developed.  

As a continual process of improvement, this process will help you determine causal relationships between the performance results and the practices you adopt in your business.

Initial assessment of the business involves collecting 12 pieces of key performance data, covering the areas of profitability, productivity, investment, growth and innovation.  This data is used for impact assessment, identifying trends, market segmentation and predicting your future growth potential. This process allows you to reflect on the individual effects of your Marketing, Research and Development and Training spends on your key business results.

Gross Value Add data is captured through an easy-to-use online format, and provides you with three key productivity measures - sales per employee, profit per employee and the all important important gross value add per employee.  An automatically generated graphic diagnostic report highlights strengths and areas for improvement.

Longitudinal Monitoring:

• Provides a Benchmarking report on your company’s relative performance.
  Comparing your performance data with a UK database of 100,000 company records, it reviews areas of relative strength and weakness that can be used as a basis for the setting of business goals 
• Measures results of performance increases in companies your organisation has been working with, including the impact of your work
• It allows particular development programmes to be measured in value-added terms against peer groups that have not participated in the programme
• The lead organisation can download all the data and analyse it for trends and significant strengths or weaknesses across the group.  The value of programmes and assistance can easily be compared to peer groups that were not participating in the programme to give true outside comparisons

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