How do they do that? …
Wonder how other organizations achieve superior levels of performance? Wish you could emulate their success within your own organization? That’s what benchmarking programs are for.
How do they do that? …
Wonder how other organizations achieve superior levels of performance? Wish you could emulate their success within your own organization? That’s what benchmarking programs are for.
Effective benchmarking programs drive performance improvement through identification and implementation of the best practices of other organizations.
Just as great ideas can be born in any employee’s mind, they can also take flight within other organizations. Consequently, emulating the exceptional performance methods of other organizations needs to be one aspect of every organization’s continuous improvement efforts.
Benchmarking possesses its own challenges and risks. Those participating in this activity must objectively evaluate both their organization’s performance as well as that of the benchmark company. Furthermore, they must identify the true drivers of benchmarked performance in order to emulate them later. Similarly, evaluators need to understand the context within which the superior benchmarked performance is achieved, including company, culture, product/service and market characteristics.
Effective benchmarking, especially that of companies from other industries, is an especially powerful performance enhancement tool. StrategyDriven and members of our Service Providers Network stand ready to support your benchmarking efforts whatever your circumstances and to the degree desired. From online advice and quantitative performance benchmarks to direct consultation and the provision of services, we are your most trusted partner.
The StrategyDriven Benchmarking Forum presents the practices for effectively assessing and emulating the performance characteristics of top companies. These insights seek to help you establish an objective program that identified the exceptional performance drivers of other companies, consider current organizational capabilities and approaches against benchmarked drivers, and effectively adapt and implement similar methods within your operations in a manner that enhances performance.
Articles
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An effective benchmarking program drives performance improvement through the identification and implementation of the best practices of other organizations.
The Sevian Benchmarking Program includes all of the tools and information needed to systematically evaluate the similar processes, products, and/or services of other top performing organizations with the intent of incorporating their best practices into your organization’s existing programs.
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Kim Ades is President of Frame of Mind Coaching and one of North America’s foremost experts on performance through thought management.
Christopher Conner, President ofFranchise Marketing Systems has been in the franchise industry since 2002 working with several hundred different franchise systems in management, franchise sales and franchise development work.
Jeffrey Gitomer is the New York Times bestselling author of Little Red Book of Selling, the best-selling sales book of all time.
Nathan Ives is a renown Fortune 500 business advisor and author of Discovering Business Gold, used to identify over $200 million in operational cost savings.