In our opinion, there are only two acceptable reasons chy a company will benchmark performance:
Survival of the company.
Improvements will benefit the
And, two unacceptable reasons:
1. It's a fad - so let's do it.
2. Let's just see what happen!!
We find that the main drivers include:
- Strategic Factors
- Technology Advances
- Continuous Impovement
- Competitive Conditions
- Supply Chain Influences
- Internal Factors
In truth, the reasons need to be well-defined, justifiable, supported, business-driven, and communicated.
Ultimately, The Reasons Must Be
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