Benchmarking
Business Concept
Top police brass in Northern Ireland to learn 'fair policing' models...Police's human resources division said the Belfast trip was an important step in improving police performance. "These are part of our benchmarking, our very important efforts to learn how things are done elsewhere, especially in a country... In this article: Northern Ireland, Belfast, Israel, Democracy, Benchmarking, Good Friday, and The Jerusalem Post |
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The Australian | 1 day ago
Karzai told to fix army, cut graft
...nine months, President Karzai should have completed the process of appointing 400 provincial and district governors." Under the new benchmarking plan, a follow-up conference would be held late next year. A FRESH wave of fear swept...
In this article: Hamid Karzai, US, Afghanistan, Tiger Woods, London, Ban Ki Moon, UN, and Afghan army
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Yahoo! News | 2 days ago
SAP Enterprise Support KPI Project Leader and Sponsor Resign (PC World)
...we cannot comment on their decision," said SAP spokesman Christoph Liedtke via e-mail. The resignations will have little effect on the benchmarking program, according to SAP. "We expect that the KPI program will be continued by SUGEN,"...
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The Dallas Morning News | 4 days ago
Irving city manager pushing more work on water, sewer systems
...million annually over the next five years in order to stay on top of the aging infrastructure and the threat of line breaks. In a benchmarking study city staffers conducted, they ranked Irving in the bottom quartile nationally for the...
In this article: Irving and The Dallas Morning News
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Independent.ie | 4 days ago
Avoiding tricky questions on public pay
...it's widely reported that public service pay increased by, on average, 59pc in the period 2001 to 2006, driven in large part by benchmarking. By comparison, the average industrial wage rose by 19pc in that period. Can trade union...
In this article: Revenue
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PR Newswire: Technology | 5 days ago
Reportlinker Adds Global Top 10 Uranium Mining Companies Benchmarking Analysis
...Electronics, Mining, Mining & Metals, Surveys, Polls and Research Reportlinker Adds Global Top 10 Uranium Mining Companies Benchmarking Analysis NEW YORK, Nov. 25 /PRNewswire/ -- Reportlinker.com announces that a new market research...
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Who speaks for parents as teachers stop work?
...for increased education funding and reduced class sizes. There was little opposition to generous pay rises given to teachers as part of the benchmarking and partnership deals. But in recent weeks much of this goodwill has been sacrificed as...
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Fianna Fail can't believe things are all that bad
The public service unions, who like to view themselves as victims, plan a one-day strike next Tuesday. They must have forgotten the benchmarking affair of 2002, in which they in effect conspired with Bertie Ahern against the interests of the...
In this article: Fianna Fail, Brian Cowen, Taoiseach, Thierry Henry, FIFA, Freedom of Information Act, and Silver
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Centre Daily Times | November 17, 2009
ValuSource and MGMA Release 2009 Interactive Survey CDs
...and MGMA Physician Compensation and Production Survey Are Available on CD, Providing Comprehensive Benchmarking Data, Built-in Benchmarking Tools, Easy-to-Create Dashboards and New Excel Import Functionality COLORADO SPRINGS, Colo. -...
In this article: Medical Group Management Association, Revenue, Accounts receivable, Inflation, and Colorado
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Spirent Enhances Data Center Performance Benchmarking with New Fibre Channel Test Module
...group, Spirent Communications. "Spirent has been pioneer in Fibre Channel testing for more than a decade and is now driving a new set of benchmarking methodologies to meet the requirements of a new generation of data center...
In this article: Spirent and California
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Information Mosaic Achieves Record Scores in Corporate Actions Benchmarking by B.I.S.S Research
...functionality. Gary Wright , C.E.O., B.I.S.S. Research and creator of the B.I.S.S. business benchmarking concept said "Each year as the benchmarking boundaries continue to be widened and become even more comprehensive, to be...
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Description from Wikipedia:
Benchmarking is the process of comparing the cost, cycle time, productivity, or quality of a specific process or method to another that is widely considered to be an industry standard or best practice. Essentially, benchmarking provides a snapshot of the performance of your business and helps you understand where you are in relation to a particular standard. The result is often a business case for making changes in order to make improvements. The term benchmarking was first used by cobblers to measure ones feet for shoes. They would place the foot on a "bench" and mark to make the pattern for the shoes. Benchmarking is most used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others.
Also referred to as "best practice benchmarking" or "process benchmarking", it is a process used in management and particularly strategic management, in which organizations evaluate various aspects of their processes in relation to best practice, usually within a peer group defined for the purposes of comparison. This then allows organizations to develop plans on how to make improvements or adopt best practice, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often treated as a continuous process in which organizations continually seek to challenge their practices.
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