What is Benchmarking and Best Practice?

Benchmarking and Best Practice provides a proven mechanism to help objectively identify and prioritise areas for improvement within a business as well as giving a simple way to measure progress over time.

Applied Benchmarking for Competitiveness (ABC)

ABC combines the basics of benchmarking and world class business techniques in a proven, effective form for small and medium sized companies. By taking a core of benchmarking and world class business techniques, companies can quickly achieve, large and significant gains and improvements in performance.

Quantitative vs. Qualitative Benchmarking

• Quantitative benchmarking looks mainly at the numbers or ratios of an operation
• Qualitative benchmarking looks at the systems and the processes that deliver the results.

You must use both processes together.  It is not enough to know that the turnover per employee is lower than your competitors. You have to ask how you can improve this ratio. To improve a process, you will have to have measures that indicate where improvements can be made.

Our benchmarking solution will help you:

• Assess your current performance
• Compare your performance with that of equivalent companies in Ireland and Europe
• Interpret and analyse the results achieved
• Identify your performance gaps against best practice
• Help with improvement plans to close the gaps
• Monitor and evaluate the results of your improvement plan.

Benchmarking will analyse:

• Strategies
• Sales and Marketing
• Operations
• Innovation
• People
• Finance

If the business has no strategic goal, if it does not have any objective for itself, it can be difficult to motivate people for success. Applied Benchmarking for Competitiveness will show you how to start and develop your improvement process.

Contact:

Michael Nolan Tel: +(353 1) 727 2339

Sheila Goddard Tel: +(353 1) 727 2338