TyPes OF BENCHMARKING The benchmarking can be classified into two categories: Based on the object to be benchmarked, and Based on the organisations against whom one is benchmarking. Classification Based on the Object to be...
Archive - August 5, 2024
✔ The word ‘benchmark’ is a reference or measurement standard used for comparison. Benchmarking is the process of determining who is the very best, who sets the standard, and what that standard is. ✔ Benchmarks and...
Benchmarking Process There are many versions of benchmarking steps used by very successful organisations. The AT & T company has 12 steps, Xerox uses 10 , Alwa has 6 , and others recommend 7 or 8 steps. Thus organisations...
