The Benefits of Benchmarking

Benchmarking
Knowledge Center

Forum

New Topic

abdul
CEO, United Arab Emirates

The Benefits of Benchmarking

From my experience and study, I found additional to the mentioned benchmarking benefits in the summary the following list of benchmarking advantages:
1. Define the price per unit of the product / service.
2. Use results to improve your organization strategy.
3. Inform you about the status of your long term goals.
4. Support decision making.
5. Measure customer satisfaction and loyalty.
6. Increase morale of employees
7. Support budgeting
8. Rank your organization in the market.

Start a new forum topic

 

More on Benchmarking:
Summary
Special Interest Group

Do you have a keen interest in Benchmarking? Become our SIG Leader

Benchmarking
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 18-10-2021. All names of their owners.