Business Studies, asked by nupur5111, 1 year ago

give five reasons why benchmarking efforts can fail

Answers

Answered by snigdha53
2

Answer:

The causes of failed benchmarking projects are:

  • lack of sponsorship
  • wrong people on term
  • terms do not understand their work completely
  • terms take on too much
  • lack of long - term management commitment
  • focus on metrics rather than process
  • not positioning benchmarking within a larger strategy
  • misunderstanding the organisational mission, goal and objectives
  • assuming every project requires a site visit
  • failure to monitor progress
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