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Benchmarking for Monopolies?

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Benchmarking
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Simonda Muyunda
Manager, Zambia

Benchmarking for Monopolies?

Reading through the article and the reactions I wonder what benefits a monopoly industry could achieve from benchmarking! Especially where a monopoly is not yet exposed to international competetion, unless of course forced by legislation.
 
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nahum correa ruvalcaba, Mexico
 

Benchmarking is for Everybody, even for a Monopolic Company

Hi Simonda, even a monopolistic industry needs to improve in a specific moment and when that happens benchmarking is very useful, and I'm referring with improve to save a bucks on producing a product or to begin a big marketing campaign. Thanks, interesting question.

 

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More on Benchmarking:
Summary
Discussion Topics
topic Benchmarking Notes of Caution
topic Best Practices or Next Practices?
👀Benchmarking for Monopolies?
topic 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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