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» Products & Services » » Business Operations » Benchmarking and Quality » Benchmarking

Developing the Benchmarking Function: Managing Benchmarking Projects

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ID: 4274


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Words: 1,893


Published: Pre-2019


Delivery Format: Online PDF Document


 

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Benchmarking teams that do not plan for implementation from the earliest project stages risk losing out on tremendous opportunities for improvement. Benchmarking research and implementation of findings must go hand-in-hand to ensure success. Implementation planning considerations should factor into the benchmarking team formation and the presentation of findings. Companies should track the implementation of benchmarking findings and calculate return on investment when possible to ensure that organizational time, effort and resources yield value-creating gains for the organization. This 6-page document looks at managing benchmarking efforts with implementation needs in mind.

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