This helps to identify your weak points
Dec 27, 2023 0:40:40 GMT -8
Post by Deleted on Dec 27, 2023 0:40:40 GMT -8
Terms of service, processes and strategies, and thus take actions to be more competitive. For example, if you have a fast food delivery restaurant but you receive constant complaints about delayed deliveries, you should study other businesses similar to yours, analyze how they manage their service and determine if they have practices that you can apply or even perfect. in your business. Functional Benchmarking But if what you want is to innovate, inspiration can come from the least expected place. Functional or strategic benchmarking takes as reference the specific strategies or processes of companies in other sectors that are not necessarily competitors.
Continuing with the example of fast food, in that case you Special Data could analyze courier or online sales companies . This type of benchmarking helps to rethink the paradigms of an industry, since it involves looking beyond your sector. How to do benchmarking? Do you want to implement a benchmarking analysis? These are the stages that we recommend so that you correctly design and carry out the benchmarking process for your company. Study your business Studying your own company is very important so that you understand what internal processes or business practices need to be improved. You can do this analysis, for example, by identifying the most common complaints among your customers' feedback .
Select the type of benchmarking Selecting the type of benchmarking will depend a lot on your purpose and who is the reference in that regard. Based on what you define in the first stage, your comparison of practices will be made between departments of your own company, organizations with a similar profile, but not necessarily in the same segment, or with your direct competitors. Choose the companies to be analyzed Depending on the processes and practices you want to improve, you will have to analyze other companies. Ideally, you should choose one to three companies.
Continuing with the example of fast food, in that case you Special Data could analyze courier or online sales companies . This type of benchmarking helps to rethink the paradigms of an industry, since it involves looking beyond your sector. How to do benchmarking? Do you want to implement a benchmarking analysis? These are the stages that we recommend so that you correctly design and carry out the benchmarking process for your company. Study your business Studying your own company is very important so that you understand what internal processes or business practices need to be improved. You can do this analysis, for example, by identifying the most common complaints among your customers' feedback .
Select the type of benchmarking Selecting the type of benchmarking will depend a lot on your purpose and who is the reference in that regard. Based on what you define in the first stage, your comparison of practices will be made between departments of your own company, organizations with a similar profile, but not necessarily in the same segment, or with your direct competitors. Choose the companies to be analyzed Depending on the processes and practices you want to improve, you will have to analyze other companies. Ideally, you should choose one to three companies.