Professional Documents
Culture Documents
Benchmarking
FICCI CE
World Class
Recognized as the best.
Benchmarking :- Benchmarked by others even in other sectors
Stages of improvement
Best in Class
Exceeds customer expectations,outperforms
all competitors and has clear competitive edge
Efficient
Meets all internal requirements for cost margins,
asset utilization,cycle-time and measures of excellence
Effective
Satisfies all customer requirements
Incapable
Is ineffective , inefficient and at the risk of failing.
Needs major redesign
FICCI
Benchmarking CE
methodology
D. Analyze gaps
Too much information is as bad as too little. Gather and analyze only the
information you need to make a direct comparison of performance.
Compare like with like - Compare apples with apples and peers with peers.
Identify the performance gaps and develop an action plan to close the
gaps. Also highlight and quantify the consequences of not closing the gap.
FICCI CE