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Conditions for Successful Benchmarking

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Benchmarking
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Best Practices
60
Ma. Rosalia Cano D., México

Conditions for Successful Benchmarking

Benchmarking is OBTAINED from the observation of other firms that are identified as the best (or sufficiently good) in the processes of interest.

Benchmarking is AIMED at improving the processes of an organization. It aims to achieve maximum effectiveness in the exercise of learning from the best and to help you to move from where you are to where you want to be.

CONDITIONS to implement it successfully are:
1. An active engagement of the management
2. A clear definition of the objectives pursued
3. A conviction to accept the changes suggested by the study that was undertaken
4. It must be an ongoing effort.
 

Rating

 
1
Abdullah Fuentes
Analyst, Saudi Arabia
 

Benchmarking Success Factors

How the best results are achieved from benchmarking, making it most beneficial to a company depends largely on many elements such as: size of the company, location, level of business strategy, culture and political environment of the country, etc.
Besides that, in order to make the results comparable, a uniformity of measures must be applied so that results can be appreciated by a company when their performance is compared against the average or the top-performing ones of the benchmarked companies.

 
3
Tonnis van Dam
Business Consultant, Netherlands
 

Conditions for Successful Benchmarking

I would add to the list of conditions that if you do a benchmarking yourself you should open your mi... Sign up

 

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Special Interest Group

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

SIG Leader

Do you know a lot about Benchmarking? Become our SIG Leader

Knowledge Center

Benchmarking
Knowledge Center



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