Benchmarking Skills

Description

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Top Companies, Trust Oak Innovation

Four Statistics That Will Transform The Way You Think About Benchmarking Skills

Benchmarking skills are the skills and knowledge required to participate in and perform an effective benchmarking project.

These skills include:

• Critical thinking.
• Attention to detail.
• Project management skills.
• business awareness.
• Technical report writing.
• communication skills.

Benchmarking skills are essential skills. These skills can be developed through various training approaches. And these skills are beneficial to all staff.

There are some key reasons why developing benchmarking skills is essential.

To illustrate:

• A recent LinkedIn Learning Report found that 76% of Gen Z learners report that learning is the key to a successful career.
• Monster suggests that 45% of surveyed employees said they would be more likely to stay at their current jobs if offered more development.
• Yet, Clear Company reports that 74% of employees say that a lack of professional development prevents them from reaching their full potential.
• Gartner reports that 70% of employees don’t have the skills they need to succeed in their jobs.

Course Description

Benchmarking evaluates processes by comparing them against what is seen as a standard or best practice within other companies.

And companies complete benchmarking projects to:

• Compare performance versus that of your competitors.
• Compare performance across your own company.
• Achieve greater performance accountability.
• Identify performance gaps and areas of improvement.
• Develop standardized metrics.
• Mobilize a culture of continuous improvement.

You can use these manuals to discuss the four main types of benchmarking:

1. Internal benchmarking.
2. Competitive benchmarking.
3. Functional benchmarking.
4. Generic benchmarking.

Next, you can use the materials to explain that the main advantages of benchmarking for a company include the following:

• Increased competitiveness.
• Improved standards.
• Improved efficiency.
• Increased customer focus.
• Reduced risk.
• A culture of continuous improvement develops.
• Areas of improvement are highlighted.
• Key activities are identified.
• A focus on quality.
• Increased performance.
• Greater performance expectations.

Now, you can use the content to remind your audience that the disadvantages that need to be managed occur because of benchmarking:

• It is open to bias.
• Can create dependencies.
• May be impacted by a lack of information.
• It can be costly.
• Can create inaccurate comparisons.
• It may hinder understanding.
• It can create stagnation.
• May reduce customer satisfaction.

You can use the amazing training manual to explore why some projects fail. Examine the components of a benchmarking system. And how employees influence the success of benchmarking projects.

Next, you can use the manuals to detail how to develop a project. And how to identify the role of benchmarking within companies.

Target Audience

This course will target the needs of line staff, team members, managers, and human resource professionals.

Learning Objectives

Your audience will learn to:

• Understand the importance of benchmarking.
• Identify the components of a benchmarking system.
• Describe why some benchmarking projects fail.
• Understand how employees influence benchmarking projects.
• Develop a benchmarking project.
• Identify the role of benchmarking.

Course Overview

Now let’s explore the six key sections of this training course material.

1. Benchmarking

• How some companies achieve improvements.
• How benchmarking is an in-depth critical examination within a company.
• The benchmarking process.
• How successful benchmarking is dependent on exploring products or processes.
• Tried and tested techniques that can be used to compare products or processes with those of another company or across sections of a single company.

2. Performance benchmarking and product benchmarking

• Performance benchmarking involves collecting and comparing data to identify performance gaps.
• Product performance benchmarks are the reference points for comparing products to others.
• Best practices, standards, and outcomes in this area.
• How to introduce a successful benchmarking project.

3. How to engage within benchmarking projects

• Explore the reasons why projects are needed.
• Outline the reasons why performance skills are needed.
• Discuss how to scope a project.
• Establish the source of a project statement.
• Define an actual plan.
• Focus on understanding processes and measures within projects.

4. The project team

• How to build the project team and the roles required.
• The role of resources and other key factors.

5. The key stages of a benchmarking process

• Select the approach to use.
• Set the objectives of a project.
• Prepare and plan activities.
• Review project findings.
• Focus on implementing improvements.
• Evaluate the project.

6. Why benchmarking projects fail

• Lack of clarity of purpose or focus.
• Poor level of involvement.
• Communication issues.
• No follow-through on implementation.
• Lack of resources.
• Poor awareness of the benefits.

The Benefits:

• Prioritize your time with instantly available content.
• Automatically saves you time to focus on delivery.
• Provides a single source of content for your training courses.
• Removes the need to develop slide decks, manuals, guides, etc.
• Eliminates the need to hunt for content on the internet.
• Highlights training courses you may otherwise not have considered.
• Offers a seamless jump from an identified need to course delivery.
• Scales your delivery options with customizable content that can be rebranded.
• Proven ROI from incredible prices.

What You Get:

• An 82 Customizable PowerPoint Slides.
• A 72 Page Instructor Manual.
• A 67 Page Training Manual.
• 17 Free Training Games.
• 17 Free Training Icebreakers.
• 12 Practical Training Guides.
• 2 Course Tests.
• Course Activities/Exercises.
• A Reading List.
• A Course Advertorial.
• An Action Plan.

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11 reviews on

Nicole Harris

2021-10-06

I had the opportunity to thoroughly review the training content and I am extremely pleased with the structure, training material and learning objectives. The quality of the content is Excellent!

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Darryl Treadwell

2021-09-29

Oak Innovation's product are extremely well designed and contain additional information, reading materials, and resources that add great value to their already valuable products. The staff is helpful, knowledgeable, professional, engaging, and very responsive. These courses will provide a solid foundation for your training needs.

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Christy Crump

2021-07-20

I purchased the full offering of training programs from Oak Innovation a few years ago. I still refer back to the trainings after all these years. Their trainings are professional, organized, and full of pertinent information.

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Richard Whelan

2021-07-11

The training materials are comprehensive, professional, to the point and great value. Together with handbooks are a great resource which saves so much time as a training provider. I have been using Oak for nearly 20 years. Thanks to the team at Oak Innovation

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Jeffrey Buller

2021-06-16

As someone who’s been involved in training for more than twenty years, I’ve never known a resource that’s as consistently valuable as Oak. I’m always amazed at their willingness to provide purchasers of their complete range of presentations regular updates and new training packages at no additional cost. That makes my purchase become more valuable all the time. And their speed in responding to questions is phenomenal. One of the sessions I often provide is a Training the Trainers workshop. In it, the very first resource I encourage people to purchase is the library of resources from Oak. These packages have made my job infinitely easier, and I recommend them to anyone who’s looking for the highest quality in training materials. Jeffrey L. Buller, Senior Partner at ATLAS Leadership Training

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GK Lim

2016-07-20

“During the early days of HRD Gateway, a 40,000-member international NGO dedicated to excellence in HRD/HRM, I got to know Des Fitzgerald (Oak Innovation) and his courseware. I become one of his early customers. I had clients in Asia who wanted training in certain areas. Instead of searching through the net for material, I logged onto his site, found what I wanted, bought his programs, and customized them to suit my clients requirements. The process saved me much time. Later, I bought the Oak full set of courses. Over the years, I saw Oak grow from a small operation to what it is today. That takes dedication and focus. Because they allowed me to download updates and new versions of the courseware, I found I did not have to go to another provider for my raw material." GK Lim President, HRD Gateway International

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Stephen Fraundorfer

2016-07-17

WOW!!! An extremely thorough program. Covered the subject from beginning to end.

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Rey Carr

2016-07-16

Oak continually attends to the needs of various businesses and either creates or adjusts training modules on a variety of topics to be self-contained, practical and easy to use. And they stand behind every product with personal service."

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Tom Heck

2016-07-16

I've developed an alliance with Oak -- a company that has developed a wide assortment of training "modules" that you can download right now. When you download a module you own it forever and have permission to edit it, customize it (logos, etc.) and deliver the module as many times as you like. You receive a Word document, PDF, PowerPoint and comprehensive participant manual and your satisfaction is guaranteed or your money back. The modules are designed for trainers, coaches and consultants looking to increase the range of products and services they can offer their clients. Oak content is also ideal for managers and employees looking to extend their knowledge of organizational, management and employee titles. Tom Heck, President, International Association of Teamwork Facilitators

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John Paul

2016-07-16

“It is excellent - covers all of the important aspects and explains the topics in a very easy to understand format. The entire training is nice looking, professionally prepared and very participant friendly. You do an outstanding job of creating training modules that are practical and easily adapted to most training sessions." John Paul, Partner Association Works

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Catherine Fitzgerald( Founder )

Catherine has disrupted the training industry since 1995 by providing “pre-written and customizable instructional material” online, right to your inbox. She has a Master’s and a Bachelor’s degree.