Advisors use a mix of sector-specific benchmarks, regulatory metrics, and analytical frameworks tailored to the industry.
Common Tools:
SWOT & PESTEL Analyses:
Tailored to sector trends, technologies, and legislation.
Compliance Scorecards:
Rate adherence to legal and safety standards.
Industry Benchmarks:
Compare performance against average KPIs (e.g., occupancy rates in hotels or churn in SaaS).
Operational Audits:
Assess efficiency and quality in production or service delivery.
Conclusion:
The right tools help advisors deliver actionable insights that are specific, measurable, and industry-relevant.