give five reasons why benchmarking efforts can fail
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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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