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متابعة

What is bench-marking? definition and meaning

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تم إضافة السؤال من قبل Maysarh Shehata , NetApp Account Manager , Aptec SA - Ingram Micro
تاريخ النشر: 2015/08/30
Adam Adam
من قبل Adam Adam , Senior HR Specialist , Fawaz Al Otaibi

Benchmarking improves performance by identifying and applying best demonstrated practices to operations and sales. Managers compare the performance of their products or processes externally with those of competitors and best-in-class companies and internally with other operations within their own firms that perform similar activities.

The objective of Benchmarking is to find examples of superior performance and to understand the processes and practices driving that performance. Companies then improve their performance by tailoring and incorporating these best practices into their own operations—not by imitating, but by innovating.

Sohail Lone
من قبل Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

Benchmarking is a process in which an organization compares and assess its performance with its competitors.Three different kinds of benchmarking exist

 

1)Historic Benchmarking:In this process compares current results with past results quantitative or qualititative

2)Industrial Benchmarking: In this process business compares its results or data with its competitors in Industry

3)Best Inclass Benchmarking:In this process business compares its with top performing organization not necessarily same industry.A department function is compared to other top performing organization serving same function

 

muhammad arshad
من قبل muhammad arshad

bench marking actually a tool to achieve competitivness , it is a pratice in which we compare our business's key metrics of their operation to other similar companies (our competitors)

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟