Why You Should Avoid Benchmarking Against Other Companies

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Comments

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I think,Every organisation that wishes to benchmark its PLM performance will have a different PLM environment and different areas that it feels are most important to measure, understand and improve.

[Thomas Sabo]

Thanks for sharing,very useful info.

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The bottom line on benchmarking from other companies is: be careful, be willing to spend lots of time and money, and don’t rely on cross-company comparisons as your only indicator.. .....its really a remarkable point.

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Well The problem is that there just aren’t universally accepted and comparable metrics to utilize for training and development...Really nice post..

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Benchmarking is a process in which a company compares its performance and practices against one or more organizations. The objective is to identify best practices that will help improve business performance.WELL, Avoid common pitfalls; Develop skills; Benchmark against other leading companies ...THANKS FOR SUCH A WONDERFUL POST!

[Richard Coles Haiti]

Well Benchmarking is used to measure performance using a specific indicator resulting in a metric of performance that is then compared to others...Thanks

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I am very knowledgeable after reading this. Not because I liked this article,but I got this in a very well manner...

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Science relies on measurements or observational methods that provide reliable and valid data across studies by the same or different investigators

[thomas sabo]

I am very knowledgeable after reading this. Not because I liked this article,but I got this in a very well manner...

[thomas sabo]

Science relies on measurements or observational methods that provide reliable and valid data across studies by the same or different investigators .

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Well I must agree with the fact that It is the professional responsibility of educational researchers to evaluate the state of current knowledge on a regular basis, identify knowledge gaps and lay the scientific principles for future investigation....

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Quiet interesting post..The problem is that there just aren’t universally accepted and comparable metrics to utilize for training and development

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Of these practices, the trickiest are representation and pricing. It is important that you never misrepresent yourself while obtaining information about a competitor.

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I see the reasons for the professionals who are looking to determine how they’re doing, in commonly accepted terms. I see the reasons for the leaders and researchers who are seeking common frameworks.

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It is always smart to avoid the benchmark against other companies when you are still weak.

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[thomas sabo]

I see the reasons for the professionals who are looking to determine how they’re doing, in commonly accepted terms.

[thomas sabo]

I see the reasons for the professionals who are looking to determine how they’re doing, in commonly accepted terms. I see the reasons for the leaders and researchers who are seeking

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I'm sending them to your blog and this series. Congratulations on such an extensive, well thought out and clearly presented set of tutorials

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Interesting stuff....The problem is that there just aren’t universally accepted and comparable metrics to utilize for training and development.

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