Some of the best implementations that can be brainstormed using benchmarking include identifying key activities to benchmark and plotting them on a timeline to track their duration and progress. This can help in understanding the efficiency and effectiveness of these activities. Another implementation is to analyze the results from your benchmarking and translate them into key findings. These findings can then be used to identify actionable items that can be acted upon immediately or in the long run to improve business performance.
Comparisons to a top performer or industry leader not only examine the current business performance...
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