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<a href="http://www.accessmylibrary.com/article-1G1-132678354/benchmarking-excellence-effective-implementation.html" title="Facts and information about Benchmarking excellence--effective implementation drives real returns.(HEADLINE)(Brief Article)">Benchmarking excellence--effective implementation drives real returns.(HEADLINE)(Brief Article)</a>
Benchmarking excellence--effective implementation drives real returns.(HEADLINE)(Brief Article)
Business Credit
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May 01, 2005 |
COPYRIGHT 2005 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
For more than a decade benchmarking has consistently ranked as one of the most broadly embraced management tools in use throughout the global economy. Yet according to Chris Bogan, CEO and President of Best Practices, LLC, "As with any business initiative, the value of benchmarking initiatives is intrinsically linked to execution, and still today many organizations struggle to realize the full value of benchmarking programs because of flawed implementation efforts."
Best Practices, LLC's research shows how companies across multiple industries successfully implemented and deployed benchmarking programs that became assimilated into the organizational culture and leadership philosophy of the organization. Successful benchmarking programs allocate significant resources to planning the mechanics of benchmarking prior to implementation, and regularly evaluate the day-to-day ...
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Source: HighBeam Research, Benchmarking excellence--effective implementation drives real...