Benchmarking is a Reference Point

Benchmarking
Knowledge Center

 
Benchmarking > Forum

New Topic


Walter Berns
Strategy Consultant, United States
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. (...) Read more? Sign up for free

  Sahal
Manager, Sri Lanka
 

Benchmarking is Similar to a Role Model

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.

  Manuel Duarte Silva
Portugal
 

Benchmarking is Just a Tool

Learn, clean and control each one of your tools an (...)

 

More on Benchmarking
Summary
Forum
Japanese Benchmarking: DANTOTSU
Advantages Generic Benchmarking
Benchmarking Quotes and Proverbs
Benchmarking Graphics
The Role of Benchmarking in Production vs. Quality
Upgrade to ISO9001:2015 from ISO9001:2008
Benchmark in Value Chain Analysis
🔥History of Benchmarking
How should I put together a Peer Group?
IT Process Cycle Efficiency Benchmark
The Benefits of Benchmarking
Websites Offering Benchmark Information
What is Benchlearning?
Benchmarking Approaches
Benchmarking in Sailing
Benchmarking is a Reference Point
Best Practices
Benchmarking Notes of Caution
Best Practices or Next Practices?
Benchmarking for Monopolies?
Conditions for Successful Benchmarking
Benchmarking is One Source of Progress
Airlines Benchmarking
Hospital Benchmarking
Benchmarking and Quality (ISO 9001)
Special Interest Group

Are you interested in Benchmarking? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:


Benchmarking
Knowledge Center

 


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.7 - Last updated: 17-1-2021. All names of their owners.