Avatar & Signatures Shop
Avatar & Signatures Shop

India-Forums

   

Varieties of Benchmarking Indicators

robert_us Newbie
robert_us
robert_us

Joined: 08 October 2009
Posts: 5

Posted: 08 October 2009 at 5:07am | IP Logged

Different organizations may have different indicators; however, all must have the same characteristic of being measured. There are many indicators to choose from depending upon the goals prefixed by the organization. Some examples are overheads; Satisfaction index, complaints, overtime, etc are some of the common indicators used by many organizations.

Benchmarking actually measures certain performance to find out how a certain business is faring. It aims to find out how your performance is rated and compared to others. In short, it is a must for a benchmark to be credible. Good business practice is to do benchmarking with indicators to find out how to improve your business and maximize its profit potential.

rinkysv Newbie
rinkysv
rinkysv

Joined: 10 September 2009
Posts: 5

Posted: 08 October 2009 at 5:22am | IP Logged
Good content piece. Benchmarking indicator plays a vital role in increasing the business profit. It will help you to plan your business according to the the industry demands. A benchmark (baseline) establishes the point from which measurements can be made. Indicators identify what will be measured. Benchmarking Indicators help in finding out whether the efforts are bringing about desired results.
  • Page 1 of 1

Go to top

Related Topics

  Topics Author Replies Views Last Post
Objective of Business Benchmarking Indicators

Author: robert_us   Replies: 1   Views: 277

robert_us 1 277 08 October 2009 at 5:16am by rinkysv
Make Good Business with Business Benchmarking Indi

Author: robert_us   Replies: 1   Views: 262

robert_us 1 262 08 October 2009 at 5:14am by rinkysv

Forum Quick Jump

Forum Category / Channels
Forums

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.

Popular Channels :
Star Plus | Zee TV | Sony TV | Colors TV | SAB TV | Life OK

Quick Links :
Top 100 TV Celebrities | Top 100 Bollywood Celebs | About Us | Contact Us | Advertise | Forum Index