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Benchmarking is a systematic process for identifying and implementing best or better practices. Although experts break benchmarking into several types, there exist two main types; "Informal" and "Formal" Benchmarking. Whichever methodology or type of benchmarking is used the BPIR website has become an essential tool for benchmarking - it helps organisations to quickly find benchmarks, benchmarking partners and best practices. Read here for...
What is Informal Benchmarking? What is Formal Benchmarking? Who uses Benchmarking? What are the common challenges associated with benchmarking? How can the BPIR help? What is the track record of benchmarking use? Read our Management Brief Report to learn more about benchmarking
Talking to work colleagues and learning from their experience (coffee breaks and team meetings are a great place to network and learn from others). Consulting with experts (for example, business consultants who have experience of implementing a particular process or activity in many business environments. Networking with other people from other organisations at conferences, seminars, and Internet forums. On-line databases/web sites, such as the BPIR, and publications that share benchmarking information provide quick and easy ways to learn of best practices and benchmarks.
The 2008 study by the Global Benchmarking Network showed the improvement tools that are likely to increase in popularity the most over the next three years are Performance Benchmarking, Informal Benchmarking, Strengths, Weaknesses, Opportunities, and Threats, and Best Practice Benchmarking. Current use of Informal benchmarking is 68% of organisations, Performance benchmarking, 49%, and Best practice benchmarking, 39%. The growth from year to year in membership of the Global Benchmarking Network which now has representatives from over 20 countries The growth in the number of countries that have a business excellence award to more than 70 (the growth in business excellence is likely to be correlated to the growth in benchmarking as a central part of business excellence is benchmarking with as much as 50% of the points associated with these models attributed to benchmarking) and The continuing popularity of benchmarking within the academic community as the number of papers written on the subject continues to grow. [Top]
finding suitable partners difficulties in comparing data (50% of organisations found this) resource constraints (time, finance and expertise) staff resistance
The main reasons given by respondents for not being involved in benchmarking at all were:
ignorance resource constraints data comparability too small to gain not appropriate [Top]
Membership of the BPIR simplifies the whole process of benchmarking so that all organisations whatever their size and level of resource can benefit from this powerful technique of "learning from the experience of others". The BPIR will assist you in finding suitable benchmarking partners, measuring performance, and directly shares good ideas and best practices from leading organisations through the hundreds of case studies provided. As information on the website represents the views and/or experiences of a diverse range of organisations of all sizes, and from many different industry sectors and geographical locations, we are sure that the BPIR will help you to benchmark and improve your organisation's performance. [Top]