2 Rules For Effective Benchmarking
Understanding of the processes and and performance measurements behind the numbers are absolutely essential to make benchmarking a useful tool for your company’s improvement efforts. Two essential factors for succesful benchmarking are 1)If Benchmarking does not lead to a specific action, it is a waste of your company’s resources.; 2) If you aren’t benchmarking to the best, your benchmarking will be under effective.