Benchmarking Skills Training
Benchmarking Skills Training from Solomon People Solutions encourages your employees to embrace a growth mindset that can increase your performance and the support you offer your team
Benchmarking is an effective strategy for organizations that want to improve their performance by comparing their procedures, methods, and KPIs to industry bests and best practices from other firms. This two-day intensive workshop will provide participants with the information and skills necessary to undertake effective benchmarking programs in their businesses, assisting them in identifying areas for improvement and implementing tactics that lead to better performance.
- Understand the essential ideas and methods of benchmarking.
- Identify key performance indicators (KPIs) for their industry.
- Complete a benchmarking research from beginning to end.
- Analyze benchmark data to detect performance gaps.
- Create and implement action strategies based on the benchmarking findings.
- Create a culture of continual improvement in their organization.
- Business Analysts
- Quality Managers
- Process Improvement Specialists
- Operations Managers
- Project Managers
- Executives and Managers responsible for strategic planning
- Anyone involved in performance improvement initiatives
Introduction to Benchmarking & Preparation
Welcome and Introduction
- Course overview and objectives
- Introduction to benchmarking concepts and benefits
Types of Benchmarking
- Internal, competitive, functional, and generic benchmarking
- Case studies
Identifying Key Performance Indicators (KPIs)
- Selecting relevant KPIs
- Tools for measuring performance
Planning a Benchmarking Study
- Defining objectives and scope
- Forming a benchmarking team
- Identifying benchmarking partners
Conducting & Implementing Benchmarking
Data Collection Methods
- Surveys, interviews, and observation
- Ensuring data accuracy and reliability
Analyzing Benchmarking Data
- Comparing performance data
- Identifying performance gaps
Developing Action Plans
- Setting improvement targets
- Developing strategies for implementation
Implementing Changes and Monitoring Progress
- Change management principles
- Continuous monitoring and reassessment
Wrap-up and Q&A
- Review of key concepts
- Open discussion and questions
- Course evaluation and feedback
How you benefit attending this program?
- Skill Development: Learn about benchmarking approaches and tools.
- Professional Development: Increased capacity to contribute to corporate success.
- Networking provides opportunities to meet with peers and industry professionals.
- Practical knowledge includes real-world examples and case studies.
- Certification is a certificate of accomplishment that improves your professional qualifications.
How your company benefits by sponsoring you to this program?
By sponsoring you to this program, your organization will be able to:
- Enhanced Performance: The adoption of best practices results in increased efficiency and effectiveness.
- Competitive advantage: The ability to stay ahead of competition by constantly upgrading procedures.
- Informed Decision Making: Data-driven insights that influence strategic decisions.
- Innovation is defined as exposure to novel methods and technology.
- Employee Engagement: Increased morale by participating in benchmarking efforts and witnessing concrete results.
Here is what some of the previous participants of this program had to say:
“We learnt a lot of new techniques which will help us to implement in our organisation”
“It was brought across to us in a such a way that we have go back and implement”
Beginning of the program:
Each participant has to fill in a pre-training need form to ascertain their expectations that can be catered to by the facilitator.
At the end of the program
Each participant has to submit a Post Training Action plan for implementation and to ascertain the Return on Investment.
