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Potential challenges in benchmarking include identifying appropriate benchmarks, gathering accurate and comparable data, interpreting the data correctly, and implementing changes based on the benchmarking results. It can also be challenging to maintain focus on continuous improvement and not just meeting the benchmark.
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You're already successful — but how do you get better? Compare yourself to a top performer or industry leader, and from there, examine your current performance and find areas that can be improved. Measure and evaluate your ongoing processes and strategies with our presentation. Use benchmarking to brainstorm better implementations, inspire possibilities for improvements, and develop opportunities for future growth.
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Comparisons to a top performer or industry leader not only examine the current business performance of your organization, but could also inspire new p...
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