Monday, December 31, 2018

Successful Benchmarking: 10 Best Practices & 10 Mistakes

We have all heard the term 'benchmarking,' but when it comes to directly learning from other companies, it’s common to get a little fuzzy on the details of how it should work. Understanding the ways in which a benchmarking visit differs from just a tour is critical to making changes that have operational and bottom line impact. To illustrate, here is a typical tour approach to which many of you can relate.

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