Tag: benchmarking

Want to compare your company’s process, products or services to best-in-class practices? Follow these 10 practical benchmarking steps, complete with review questions, to provide insight into the actions the company can take to improve its performance.

Key Points Benchmarking is a way of discovering what is the best performance being achieved – whether in a particular company, by a competitor, or by an entirely different industry. This information can then be used to identify gaps in an organization’s processes to achieve a competitive advantage. Thus it is important for Six Sigma practitioners […]