Benchmarking is a Reference Point

12manage is hiring Management/MBA Students!

Benchmarking > Forum Log in

Benchmarking is a Reference Point
Walter Berns, Member
The way I see it, benchmarking is a reference point that is used as a comparison to everything that follows. If there is a new process in manufacturing and an audit it to be administered, then the first one becomes the benchmark to where all others are compared. In addition, when a benchmark is to be set you should make sure that whatever it is has the desired outcome. If a process is put into place for the first time the outcome is mere theory. Therefore, until the planned results occur then and only then can a reference point be applicable i.e. the benchmark. As for Sun Tsu also said, "To win 100 victories in 100 battles is not the acme of skill. To subdue the enemy without fighting is the acme of skill.

Benchmarking is Similar to a Role Model
Sahal, Member
Benchmarking is comparing how an organization performs a "specific activity" (comparing apples to apples) with a method of a competitor or some other doing the same thing in a way to identify the best practice such as lowering cost, reducing defects (zero defects), increasing quality etc. This is something similar to a role model on an individual capacity.

Benchmarking is Just a Tool
Manuel Duarte Silva, Member
Learn, clean and control each one of your tools and use them always according to purpose they were designed. Benchmarking is only a tool of management practice. Donít be happy with your tools but, with the effective results of using them.



  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader
Tonnis van Dam
Business Consultant

More on Benchmarking
Best Practices

Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V14.1 - Last updated: 25-6-2018. All names ô of their owners.