Question

give five reasons why benchmarking efforts can fail

Answer 1

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