Business Best Practice Network, BBPN provides online tools and guides for quick and effective business benchmarking and improvement

 

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Business Best Practice Network, BBPN provides online tools and guides for quick and effective business benchmarking and improvement

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Why Benchmarking Works

Benchmarking allows comparisons with others to help your development

Benchmarking shows you where you stand in relation to others, and points you in the right direction on what actions you can take.

By looking outside of your own business environment, it gives you a fresh perspective on your business challenges.

Too many choices?

When faced with a multitude of possibilities for developing your business, it’s often hard to know which will give the best results.

Do you minimise risk by spreading resources thinly across a range of different activities, achieving at best small successes, or do you focus on selected areas of your business in the hope of a major breakthrough – but then worry that you may not have chosen the right areas?

Use benchmarking data to help make decisions

Benchmarking contributes real world data that helps you make sound business decisions.

You can take specific aspects of your business, make comparisons with similar businesses, find out what the norms are, and see how you are performing against that benchmark.

You can identify weaker aspects of your business where real change would improve results, and also discover what you are already doing well and should do more of.

Get started with benchmarking

Try our OnePage™ Benchmarking Survey  Contact a Specialist

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Betty ensures that new content contributions from our associates and other content partners are made into posts and published to meet our standards. Contact Betty if you have new content about best practice and if you have feedback or corrections on existing content

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