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AUTHORS
➢ JOHN MACDONALD
➢ STEVE TANNER
PRESENTED BY
KARTEEK CHEDADEEPU
ROLL NO: B10-06
➢ Book Name:
UNDER STANDING BENCHMARKING
➢ Language: English
➢ Authors Name:
JOHN MACDONALD
STEVE TANNER
➢ Publisher: Hodder & Stoughton Ltd
➢ Published in the year: 1998
➢ No of pages:96
JOHN MACDONALD AND STEVETANNER
➢ John macdonald and dr steve tannner are both recognised
as major contributors to world wide quality movement.
➢ They are consultants, authors, and speakers of
international.
➢ They have collaborated on other book in the in a week
series.
➢ John is also auther of understanding knowledge
management, global quality, call a halt to mindless
change.
➢ Steve is the co-author of assessing business excellence
INTRODUCTION
➢ Sunday- What is Benchmarking
➢ Monday- Where do we start
➢ Tuesday- The benchmarking roadmap
➢ Wednesday- Planning the study
➢ Thursday- Collecting the data
➢ Friday- Analyzing and using the data
➢ Saturday- Maintaining Leadership
➢ Benchmarking is changing perspectives
of executives and managers.
➢ It shows on company good,bad,mediocre
of their own company.
➢ It apply to manufacturing services and
small and large scale organizations.
➢ It provide a step-by-step guidelines for
understanding benchmark.
➢ Benchmarking is the process of comparing the own organization
or operations against other organizations.
➢ Benchmarking can be applied against any product, process,
function or approach in business.
➢ Measures of time, quality, cost and effectiveness (or
satisfaction).
➢ The intent of benchmarking is to compare the own operations
versus competitors.
➢ To generate ideas for improving processes, approaches and
technologies to reduce costs, increase profits and strengthen
customer loyalty and satisfaction.
➢ Benchmarking is an important component of continuous
improvement initiatives.
LEVELS OF ATTAINMENT
Baseline Method
➢ Achievable level
➢ benchmark level
➢ Long term level PERFORMANCE
➢ It focus on the business imperatives involved in consumer
satisfaction
➢ Strategic planning
➢ Product comparison
➢ Forecasting
➢ Goal setting
Types Of Benchmarking
➢ Comparative Analysis
➢ Best Price Making
➢ Develops realistic strech and strategic targets.
➢ Establishes realistic action for implementation
➢ Encourages a striving for excellence
➢ Creates a better understanding of competitors
➢ Emphasizes sensitivity to change
➢ It shows various types of benchmark available.it can be
concentrate on the best practice benchmarking
➢ Before starting benchmarking, they have to know the
level of effort and key element of effort
➢ National benchmarking clearing house was
surveyed 80 leading organizations
➢ Average on benchmark study on last six months
➢ It occupies 25% of team members time and costs
45000$
➢ 90% of respondents they were going to increase
their benchmarking
➢ MANAGEMENT SUPPORT ANDDIRECTION
➢ A SYSTEMATICAPPROACH
➢ RESEARCH FACILITIES
➢ NETWORKING
➢ A CODE OF CONDUCT
➢ STARTTHE BENCHMARKING ACTIVITIES BY PILOTSTUDY.
THE STEPS FOR PILOT STUDY CAN BE SUMMARISED AS
FOLLOWS.
➢ EASTABLISH ANDTRAIN
➢ DOCUMENT AND LEARNINGGAINED
Benchmarking have a key players in the roadmap.it
deals with the roles and responsibilities
➢Stakeholders
➢Process sponcers
➢Benchmarking team facilitator
➢Responsibilities of benchmarking team members
➢Research resources
ROADMAP HAVING THREE STEPS
➢ Step-1
➢ Step-2
➢ Step-3
➢ Step-4
Planning the study
collecting the data
analyse the data
adopt the data
This is the main step of roadmap of Benchmarking
➢ It consideeder two identifying benchmarking
➢ Process classification frame work
➢ Critical benchmarking
➢ Mission and vision statement
➢ Identifying what process we are going to
benchmarking
➢ Form the benchmarking team
➢ Establish the process to be benchmarked
➢ Document the current process
➢ Define topic areas for data collection
COLLECTING THE DATA- THURSDAY
It is the second mainstep of the benchmarking
roadmap.it involves collecting the data.
The collecting of data can be of four main phases
➢ Internal analysis
➢ External research
➢ Primary investigation
➢ A visit site
➢ Identifying the potential benchmarking
partner
➢ Plan the data collection methods
➢ Conduct a primary investigation
➢ Prepare for a visit site
➢ Write the site reports
Collected data can be analyze, examine the issue
involved in using a data to adopt current practice
➢ It shows how to analyze the collected data
➢ This is the final two steps of benchmarking
➢ The study can come into implementation plan
➢ Now it completed our run through plan of branch
banking
➢ Normalise the performance of data
➢ Construct a comparison matrix
➢ Identify the best practices
➢ Isolate the involved process enables
➢ Maintaining and updating the database
➢ Continuous self-assessment
➢ Benchmarking and improvement award
➢ Pitfalls and temptations in benchmarking
➢ It requires a strong degree of commitment from
all other involved.
➢ It is not easy and not for faint-hearted
CONCLUSION
➢ IT PROVIDESASTEP-BY-STEP PROCESS OF
BENCHMARKING
➢ Understanding the priciples
➢ What and who to benchmark
➢ Collecting and managing data
➢ Building the evolutionary organisation
UNDERSTANDING BENCHMARKING IN A WEEK

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UNDERSTANDING BENCHMARKING IN A WEEK

  • 1. AUTHORS ➢ JOHN MACDONALD ➢ STEVE TANNER PRESENTED BY KARTEEK CHEDADEEPU ROLL NO: B10-06
  • 2.
  • 3. ➢ Book Name: UNDER STANDING BENCHMARKING ➢ Language: English ➢ Authors Name: JOHN MACDONALD STEVE TANNER ➢ Publisher: Hodder & Stoughton Ltd ➢ Published in the year: 1998 ➢ No of pages:96
  • 4. JOHN MACDONALD AND STEVETANNER ➢ John macdonald and dr steve tannner are both recognised as major contributors to world wide quality movement. ➢ They are consultants, authors, and speakers of international. ➢ They have collaborated on other book in the in a week series. ➢ John is also auther of understanding knowledge management, global quality, call a halt to mindless change. ➢ Steve is the co-author of assessing business excellence
  • 5. INTRODUCTION ➢ Sunday- What is Benchmarking ➢ Monday- Where do we start ➢ Tuesday- The benchmarking roadmap ➢ Wednesday- Planning the study ➢ Thursday- Collecting the data ➢ Friday- Analyzing and using the data ➢ Saturday- Maintaining Leadership
  • 6. ➢ Benchmarking is changing perspectives of executives and managers. ➢ It shows on company good,bad,mediocre of their own company. ➢ It apply to manufacturing services and small and large scale organizations. ➢ It provide a step-by-step guidelines for understanding benchmark.
  • 7. ➢ Benchmarking is the process of comparing the own organization or operations against other organizations. ➢ Benchmarking can be applied against any product, process, function or approach in business. ➢ Measures of time, quality, cost and effectiveness (or satisfaction). ➢ The intent of benchmarking is to compare the own operations versus competitors. ➢ To generate ideas for improving processes, approaches and technologies to reduce costs, increase profits and strengthen customer loyalty and satisfaction. ➢ Benchmarking is an important component of continuous improvement initiatives.
  • 8. LEVELS OF ATTAINMENT Baseline Method ➢ Achievable level ➢ benchmark level ➢ Long term level PERFORMANCE
  • 9. ➢ It focus on the business imperatives involved in consumer satisfaction ➢ Strategic planning ➢ Product comparison ➢ Forecasting ➢ Goal setting Types Of Benchmarking ➢ Comparative Analysis ➢ Best Price Making
  • 10. ➢ Develops realistic strech and strategic targets. ➢ Establishes realistic action for implementation ➢ Encourages a striving for excellence ➢ Creates a better understanding of competitors ➢ Emphasizes sensitivity to change ➢ It shows various types of benchmark available.it can be concentrate on the best practice benchmarking
  • 11. ➢ Before starting benchmarking, they have to know the level of effort and key element of effort ➢ National benchmarking clearing house was surveyed 80 leading organizations ➢ Average on benchmark study on last six months ➢ It occupies 25% of team members time and costs 45000$ ➢ 90% of respondents they were going to increase their benchmarking
  • 12. ➢ MANAGEMENT SUPPORT ANDDIRECTION ➢ A SYSTEMATICAPPROACH ➢ RESEARCH FACILITIES ➢ NETWORKING ➢ A CODE OF CONDUCT ➢ STARTTHE BENCHMARKING ACTIVITIES BY PILOTSTUDY. THE STEPS FOR PILOT STUDY CAN BE SUMMARISED AS FOLLOWS. ➢ EASTABLISH ANDTRAIN ➢ DOCUMENT AND LEARNINGGAINED
  • 13. Benchmarking have a key players in the roadmap.it deals with the roles and responsibilities ➢Stakeholders ➢Process sponcers ➢Benchmarking team facilitator ➢Responsibilities of benchmarking team members ➢Research resources
  • 14. ROADMAP HAVING THREE STEPS ➢ Step-1 ➢ Step-2 ➢ Step-3 ➢ Step-4 Planning the study collecting the data analyse the data adopt the data
  • 15. This is the main step of roadmap of Benchmarking ➢ It consideeder two identifying benchmarking ➢ Process classification frame work ➢ Critical benchmarking ➢ Mission and vision statement ➢ Identifying what process we are going to benchmarking
  • 16. ➢ Form the benchmarking team ➢ Establish the process to be benchmarked ➢ Document the current process ➢ Define topic areas for data collection
  • 17. COLLECTING THE DATA- THURSDAY It is the second mainstep of the benchmarking roadmap.it involves collecting the data. The collecting of data can be of four main phases ➢ Internal analysis ➢ External research ➢ Primary investigation ➢ A visit site
  • 18. ➢ Identifying the potential benchmarking partner ➢ Plan the data collection methods ➢ Conduct a primary investigation ➢ Prepare for a visit site ➢ Write the site reports
  • 19. Collected data can be analyze, examine the issue involved in using a data to adopt current practice ➢ It shows how to analyze the collected data ➢ This is the final two steps of benchmarking ➢ The study can come into implementation plan ➢ Now it completed our run through plan of branch banking
  • 20. ➢ Normalise the performance of data ➢ Construct a comparison matrix ➢ Identify the best practices ➢ Isolate the involved process enables
  • 21. ➢ Maintaining and updating the database ➢ Continuous self-assessment ➢ Benchmarking and improvement award ➢ Pitfalls and temptations in benchmarking ➢ It requires a strong degree of commitment from all other involved. ➢ It is not easy and not for faint-hearted
  • 22. CONCLUSION ➢ IT PROVIDESASTEP-BY-STEP PROCESS OF BENCHMARKING ➢ Understanding the priciples ➢ What and who to benchmark ➢ Collecting and managing data ➢ Building the evolutionary organisation