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Developing the Benchmarking Function: Using Technology to Advance Benchmarking Efforts

ID: 4275

Features:

Metrics, Graphics

Words: 1,000

Published: Pre-2020

Delivery Format: Online PDF Document

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STUDY OVERVIEW
BENCHMARK CLASS
SPECIAL OFFER

At its roots, benchmarking is about identifying, adapting and adopting best practices. High-performing companies leverage technology to facilitate all three of the above processes. Online databases and other Internet sources can help benchmarking teams identify leading tactics and determine potential partners. Plus, company intranets, e-mail and collaborative tools all can aid in the process of adapting and adopting best practices across the organization. Technology enables benchmarking functions to stretch their reach across an entire enterprise with limited resources. A well packaged and easy-to-use website can introduce employees to benchmarking and help build their benchmarking skill levels. Websites and electronic newsletters also can bring word of benchmarking successes throughout the organization. This four-page document looks at the use of technology to further benchmarking efforts.

Industries Profiled:
Government; Telecommunications; Aerospace; Manufacturing

Companies Profiled:

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