The Keys to Successful and Ongoing Benchmarking
December 13, 2011
Chuck Wise, senior principal, finance and performance
management, Accenture speaks with Business Finance about the importance of benchmarking and how it can improve the performance of key corporate functions.
Don't miss Business Finance's interview with Chuck Wise Q&A: Shedding New Light on Benchmarking and Wise's article Benchmarking: A Critical Element in Finance Transformation.















































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Benchmarking is the process
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other industries. Dimensions typically measured are quality, time and cost. In the process of benchmarking, management identifies the best firms in their industry, or in another industry where similar processes exist, and compare the results and processes of those studied (the "targets") to one's own results and processes. japon
Benchmarking is KEY.
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This is an affecting point of view on this topic. I am happy you shared your ideas and I find myself agreeing.
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Hi Dave & Chuck, really good video, highlighting some good points about benchmarking, especially about how some CEO's don't understand some of the corporate functions that they operate. Looking forward to more like this.
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