The EFBQ network consists of approximately 100 ambitious companies from various branches that manage to distinguish themselves from their competitors in their own branches. They include service providers, manufacturing businesses, and trading enterprises, both business-to-business and business-to-consumer companies. Furthermore, the size and ownership structure can vary considerably with both family businesses and operating companies with revenues ranging from several millions to over a billion euros. However, all of these enterprises aim to continuously improve themselves by exchanging knowledge and experiences.
The participating companies offer each other a benchmark for strategic entrepreneurship and the enterprise’s ability to anticipate. This is accomplished through individual contacts and through the Management Tables (G), among other things. A more formal benchmark is established during the EFBQ assessment. This assessment measures the foundation and the feasibility of the strategic framework and its implementation in the rest of the organization. Furthermore, the state of the enterprise as well as the cohesion and the consistency of the management and adjustment policies are taken into account.
Through this method over 60 aspects of an organization’s policy are compared to the EFBQ benchmark.