Strategic Approaches for Corporate Benchmarking

INTRODUCTION

The benchmarking methodological distinctiveness is represented by the identification of those processes that contribute to higher performance, followed by an examination of the best practices that underpin that success. Strategic approaches in benchmarking allows a company to compare its performance to that of industry rivals, identifying strengths, flaws, and alternative methods of project execution. As successful firms strive to improve the quality of their processes, products, and services, benchmarking is one of the most effective methods for developing creative ideas and superior procedures inside the organization by identifying and applying best practices.

COURSE METHODOLOGY

This course is designed in the form of workshop which will includes a variety of learning tools to help participants function effectively and efficiently in a multifunctional environment through various methodologies including;

• Short lectures
• Brainstorming
• Case studies
• Group activities
• Role playing

COURSE OBJECTIVES

The attendees of this Certificate Program will be able to:

• Align benchmarking targets with organizational strategy
• Create a benchmarking strategy for your firm.
• Learn the basics of benchmarking approaches.
• Determine performance gaps using benchmarked data
• Establish a monitoring method and choose appropriate benchmarks.

 WHO SHOULD ATTEND THIS COURSE?

• Managers
• Executives
• Supervisors
• Employees who want to learn about corporate benchmarking
• Anyone who is seeking improvement in skills for enhanced performance and career development

TARGETED SKILLS

• Leading and supervising
• Deciding and initiating action
• Persuading and influencing
• Presenting and communicating
• Analytical thinking
• Formulating concepts and strategies
• Planning and organizing
• Achieving goals and objectives