Benchmarking Study

Posted by on May 1, 2010

Step 1: Planning:
Identify what to be benchmarked and the firms to be used for comparison
Step 2: Analysis:
Determine the disconnect between the firms performance and that of the benchmarked
Step 3: Integration:
Establish goals and support of those whose resources need to accomplish the goals
Step 4: Action:
Develop action plans and teams that will help implement the plans [...]