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Q.

What is bench marking??? explain me well

Asked by krunal modi, 20 Oct '08 06:01 pm
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Answers (6)

 
1.

Benchmarking is the process of measuring an organization's internal processes then identifying, understanding, and adapting outstanding practices from other organizations considered to be best-in-class.

Most business processes are common throughout industries. For example; NASA has the same basic Human Resources requirements for hiring and developing employees as does American Express. British Telecom has the same Customer Satisfaction Survey process as Brooklyn Union Gas. These processes, albeit from different industries, are all common and can be benchmarked very effectively. It's called "getting out of the box".

One of the biggest mistakes organizations make when first benchmarking is that they limit their benchmarking activity to their own industry. Benchmarking within your industry is essential. However, you already have a pretty good idea how your industry performs so it's imperative that you reach outside and above your own industry into other industries that perform a sim ...more
Answered by PARTHA PATHAK, 20 Oct '08 06:04 pm

 
  
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2.

Benchmarking is the process of comparing the cost, time or quality of what one organization does against what another organization does
Answered by UNNIKRISHNA RAMAN, 20 Oct '08 06:03 pm

 
  
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3.

If i said-is it a question ?joke of the day- how u feel?
Answered by hmm, 10 Dec '08 10:10 am

 
  
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4.

Putting one bench and then putting chalk mark on our head
Answered by mohandas pai, 09 Dec '08 08:55 pm

 
  
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5.

Sorry i dont know
Answered by mohit k, 20 Oct '08 06:07 pm

 
  
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6.

Agree with partha
Answered by sumati gayki, 04 Sep '09 04:14 pm

 
  
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