Benchmarking - Uncovering Best Practices and Learning from Others

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Issue:

Business

 

Written by:

Jami K

 

Date added:

August 1, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 816

 

Was viewed:

9587 times

 

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Essay content:

Benchmarking refers to the search for the best practices that yields the benchmark performance, benchmarking http://gram.eng.uci.edu/~ghubbard/mae189/benchmarking.html 1 of 6 9/23/2008 12:13 PM with emphasis on how you can apply the process to achieve superior results. All process improvement efforts require a sound methodology and implementation, and benchmarking is no different...
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You need to: Set objectives 1. and define the scope of your efforts 2. Gain support from your organization 3. Select a benchmarking approach 4. Identify benchmarking partners 5. Gather information (research, surveys, benchmarking visits) 6. Distill the learning 7. Select ideas to implement 8...
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