Nomination engine

A system for nominating candidate enterprises for inclusion in a competitive set assembled for the purpose of benchmarking a subject enterprise, the system comprising:

• a processor;
• and
• a non-transitory storage medium having instruction which when executed by the processor cause the processor to:
• receive an identification or self-identification of the subject enterprise from an agent thereof;
• identify characteristics of the subject enterprise, the characteristics including one or more of a geographic location of the subject enterprise, a size of the physical presence of the subject enterprise, a dollar volume of revenue of the subject enterprise, a classification of the business engaged by the subject enterprise, firmographic attributes of the subject enterprise, market share of the subject enterprise, average purchase size by customers of the subject enterprise, purchase frequency by customers of the subject enterprise, size of customer base of the subject enterprise, commonality of the customer base, demographic characteristics of the customer base of the subject enterprise, location of customers of the subject enterprise, degree of customer loyalty to the subject, the subject enterprise's share of the customer's wallet, the channels of trade engaged in by the subject enterprise, and attributes pertaining to the interaction between the subject enterprise and third party suppliers, service providers or resellers;
• compile a list of candidate enterprises based upon a predetermined degree of similarity between the subject enterprise and/or the identified competitive enterprise on the one hand, and the candidate enterprise on the other, in one or more of the identified characteristics;
• and
• select a first plurality of nominee enterprises to populate the competitive set from among the list of candidate enterprises for inclusion in the competitive set.

A non-transitory storage medium having instructions thereon which, when executed by a processor, cause the processor to:

• receive an identification or self-identification of the subject enterprise from an agent thereof;
• identify characteristics of the subject enterprise, the characteristics including one or more of a geographic location of the subject enterprise, a size of the physical presence of the subject enterprise, a dollar volume of revenue of the subject enterprise, a classification of the business engaged by the subject enterprise, firmographic attributes of the subject enterprise, market share of the subject enterprise, average purchase size by customers of the subject enterprise, purchase frequency by customers of the subject enterprise, size of customer base of the subject enterprise, commonality of the customer base, demographic characteristics of the customer base of the subject enterprise, location of customers of the subject enterprise, degree of customer loyalty to the subject, the subject enterprise's share of the customer's wallet, the channels of trade engaged in by the subject enterprise, and attributes pertaining to the interaction between the subject enterprise and third party suppliers, service providers or resellers;
• compile a list of candidate enterprises based upon a predetermined degree of similarity between the subject enterprise and/or the identified competitive enterprise on the one hand, and the candidate enterprise on the other, in one or more of the identified characteristics;
• and
• select a first plurality of nominee enterprises to populate the competitive set from among the list of candidate enterprises for inclusion in the competitive set.