What Are The Benefits Of Benchmarking?

1.	What Are The Benefits Of Benchmarking?
Answer» In addition to PROVIDING a time to reflect on, benchmarking ALSO PROVIDES you with independent evidence that can help you: Set a personal baseline today to help demonstrate progress tomorrow Increase staff engagement and results Learn from common mistakes rather than making them Justify an investment or proposal for change Quickly apply industry good practice in a way that is relevant to your own organisation Set ‘SMART’ targets in your business plan, based on trusted industry metrics Motivate your team to become industry leaders not followers Provide an external perspective to help engage STAKEHOLDERS with new WAYS of learning. In addition to providing a time to reflect on, benchmarking also provides you with independent evidence that can help you:

Answer»

In addition to PROVIDING a time to reflect on, benchmarking ALSO PROVIDES you with independent evidence that can help you:

Set a personal baseline today to help demonstrate progress tomorrow
Increase staff engagement and results
Learn from common mistakes rather than making them
Justify an investment or proposal for change
Quickly apply industry good practice in a way that is relevant to your own organisation
Set ‘SMART’ targets in your business plan, based on trusted industry metrics
Motivate your team to become industry leaders not followers
Provide an external perspective to help engage STAKEHOLDERS with new WAYS of learning.

In addition to providing a time to reflect on, benchmarking also provides you with independent evidence that can help you:

Discussion