Benchmarking Benchmarking: A Quantitative and Qualitative Look at southwestward Airlines and British Airways In todays competitive marketplace, all firms are inclination ways to improve their overall transaction. One such give way of improvement, recently adopted by many firms, is benchmarking. Benchmarking is a improvement used to evaluate internal line of work borderes. "In this analysis, managers run into the firms critical processes and outputs, baseline those processes, then compare the performance of each(prenominal) process against a standard outside the industry" (Bounds, Yorks, Adams, & ampere; Ranney 1994).
To effectively improve a business process to foremost quality, managers must find a firm that is recognized as a global leader, not just the industry standard. do benchmarking requires tailor-made solutions, not just blind copying of another(prenominal) organization. criterion and interpretation of data collected is the key to creating business process solutions. "B...If you want to get a full essay, order it on our website:
OrderCustomPaper.comIf you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.