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How Benchmarking Can Give You A Competitive Edge

Benchmarking is one of the best tools your company can have for success. Attend this ondemand webinar to make sure you are up to speed on your benchmarking efforts.

Benchmarking mirrors the continuous improvement efforts that may already exist in an organization. It helps blend continuous improvement and breakthrough improvement into a single change management system. While benchmarking readily integrates with strategic initiatives such as continuous improvement, re-engineering, and total quality management, it also delivers value to the organization on its own as a discrete process.

When an organization begins a benchmarking initiative, a common mistake is to limit the benchmarking activity to industry peers. Benchmarking industry peers are essential; however, most organizations already have a good idea how their industry performs.

For breakthrough improvement, it is imperative to learn from other industries performing a similar process successfully. Learning from other organizations and using their successfully demonstrated practices, ideas, and insights reduces costs and cycle time and ultimately provides a competitive advantage in the marketplace.


Runtime: 102 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Determining What and When to Benchmark

  • Types of Benchmarking
  • Determine Your Information Needs
  • Aligning to Strategies and Objectives

Planning Your Benchmarking Efforts

  • Scope the Effort
  • Select Approach

Collecting Benchmarks

  • Prepare for Collection
  • Collect the Data

Analyzing Benchmark Data

  • Validate the Data
  • Analyze for Trends and Gaps

Adapting and Improving

  • Identify and Select Improvements
  • Link to Real-Time Controls
  • Evaluate Impact
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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jeffery Varney, PMI PMP

Jeffery Varney, PMI PMP

American Productivity Quality Company

  • Director, Advisory Services and Business Excellence Practice Lead at American Productivity Quality Company (APQC)
  • Technical author for PAS7070:2016, Benchmarking Process Management Specification
  • Coordinates research, training and consultative efforts across process, quality, performance measurement, project management and change
  • Conduct regular trainings, workshops and webinars on all business excellence topics and knowledge management
  • PMI PMP
  • Can be contacted at 713-685-7253, jvarney@apqc.org, http://www.apqc.org/jeff-varney-pmp or www.linkedin.com/in/jcvarney
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 394136
Published 2014, 2018
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