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International Journal of Latest Research in Science and Technology

DOI:10.29111/ijlrst   ISRA Impact Factor:3.35,  Peer-reviewed, Open-access Journal

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The Enormous Potency of Benchmarking

Open Access

International Journal of Latest Research in Science and Technology Vol.10 Issue 1, pp 42-45,Year 2021

THE ENORMOUS POTENCY OF BENCHMARKING

Sahala Siallagan

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Received : 04 April 2021; Accepted : 20 April 2021 ; Published : 25 April 2021

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Abstract

This paper aims to review the potency owned by benchmarking enriching the management to apply in the organization. The data and ideas on this paper come essentially from review of articles relating to the benchmarking in the organization. The grade of success to benchmark in assorted companies varies among them because of the different management cultures and desires. Benchmarking process doesn’t only collect data on practices of a corporation attains against other companies but also the way to confess a replacement idea and a replacement method to enhance the method and to be better to satisfy the customer’s satisfaction. This paper provides as a description for the practitioners to improve to be better organization.

Key Words   
benchmarking, best practices, customers expectation, management tool, competitive advantage
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To cite this article

Sahala Siallagan , " The Enormous Potency Of Benchmarking ", International Journal of Latest Research in Science and Technology . Vol. 10, Issue 1, pp 42-45 , 2021

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