Performance Indicators and Standard Performance Indicators
Benchmarking, Basic steps in Benchmarking including preparation and planning, Data sourcing, Reporting and analysis. Benchmarking Cycle and Levels, Aspects of Benchmarking System
Integration and Action Planning
Performance Improvement.
Course outline
Preparation in which the following are determined
What to benchmark and who or what to benchmark against.
Understand what is the Benchmarking Process?
Implementation, in which best practices are adapted and/or adopted.
One-to-one benchmarking
Mutual- collaborative benchmarking
Ranking
Institutional Audit
Accreditation
Evaluation
Recognize the need for Benchmarking
Be able to scope Benchmarking Activity
Discover why benchmarking works and how to make it work for your organization
Find out how best practice companies achieve such high performance levels.
Evaluation, where new practices are monitored to ensure continuous improvement and, if necessary the whole cycle is repeated.
Comparisons, which may include the following activities.
Data collection.
Data manipulation, construction of indicators
Comparison of results with benchmarking partners.
Investigation, that is, identification of practices and processes that result in superior performance.
Measure your own quality and service programs against actual industry standards.
Strategies for finding best practice partners
Build a Benchmarking Project Team
Agree the Approach
Decide the Objectives
Implement the Project Plan
Review the Project Findings
Implement Improvement
Evaluate the Project and the Benefits
Linking benchmarking with organization strategies
Setting up and monitoring performance improvement programs, and
Developing a benchmarking team.
Participants gain complete understanding of concepts of Benchmarking through identification and analysis of Real Life case study examples
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