How to Benchmark Your Business
1/5
()
About this ebook
Entrepreneurs Brief Guide - How to Benchmark Your Business
Benchmarking can be defined as the process of comparing your business performance with that of the industry average. It is of statistical importance and is used to highlight the gaps in your business or the areas that need improvement in order to achieve business growth. But benchmarking is only a tool and does not provide any solutions on how to bridge the gap. Usually, the business statistics are compared with those which are the best in your field.
In 30 minutes, learn how to: (a) Establish what parameters to benchmark, (b) Set a plan for benchmarking, (c) Gather information and (d) Carry out a benchmark exercise
Dr Jim Porter
Dr Jim Porter is a chartered engineer, qualified to a PhD level from London University, with more the 25 years business experience. He has worked for several multinational companies in Europe and the USA. His experience stretches from new products development, project management, new business building, profit and loss responsibility, to the creation of several successful joint ventures and acquisitions.Currently, he is a senior executive, responsible for strategy development and growth initiatives, including partnerships and new businesses building. Dr Porter is particularly interested in business incubation, helping entrepreneurs and start up business owners to achieve their personal and business objectives.Dr Porter is the author of several publications, including a book titled “How to bake your business idea and eat it”, and the creator of “Entrepreneurs Brief Guides” series.Dr Porter is a Fellow Member of several professional organizations and institutions in Europe and the USA. He can be contacted on his email TheJimPorter@gmail.com .
Read more from Dr Jim Porter
How to Perform Your Own SWOT Analysis Rating: 4 out of 5 stars4/5Theories and Rules for Goal Setting Rating: 5 out of 5 stars5/5How to Research Your Market Rating: 2 out of 5 stars2/5How to Apply for Grants Rating: 5 out of 5 stars5/5How to Develop a Business Plan Rating: 0 out of 5 stars0 ratingsHow to Improve Job Satisfaction Rating: 4 out of 5 stars4/5How to Write Your Personal Mission Statement Rating: 0 out of 5 stars0 ratingsHow to Schedule Effectively Rating: 3 out of 5 stars3/5How to Deal with Sub-Standard Performers Rating: 0 out of 5 stars0 ratingsHow to Price Your Products and Services Rating: 1 out of 5 stars1/5How to Motivate Your Team to Perform Better Rating: 0 out of 5 stars0 ratingsHow to Improve Performance through the Balanced Scorecard Rating: 3 out of 5 stars3/5How to Network Professionally Rating: 5 out of 5 stars5/5How to Manage Legal Issues Rating: 0 out of 5 stars0 ratingsHow to Manage Time and Workload Rating: 0 out of 5 stars0 ratingsHow to Set up a New Business Rating: 0 out of 5 stars0 ratingsHow to Resolve Conflicts Rating: 0 out of 5 stars0 ratingsHow to Increase Your Emotional Intelligence Rating: 5 out of 5 stars5/5How to Prepare Your Budget Rating: 1 out of 5 stars1/5How to Coach, Motivate and Improve Performance Rating: 0 out of 5 stars0 ratingsHow to Set Your Goals Rating: 0 out of 5 stars0 ratingsHow to Manage Yourself Rating: 4 out of 5 stars4/5How to Manage Your Time Better Rating: 3 out of 5 stars3/5How to Get Your Team Off to an Excellent Start Rating: 0 out of 5 stars0 ratingsHow to Become an Effective Business Leader Rating: 4 out of 5 stars4/5How to Recruit Skilled Employees Rating: 0 out of 5 stars0 ratingsHow to Manage Credit Control Rating: 3 out of 5 stars3/5How to Prioritize Your Tasks Rating: 3 out of 5 stars3/5How to Effectively Lead by Example Rating: 0 out of 5 stars0 ratings
Related to How to Benchmark Your Business
Related ebooks
Balanced Scorecard for Performance Measurement Rating: 3 out of 5 stars3/5Benchmarking for Businesses: Measure and improve your company's performance Rating: 0 out of 5 stars0 ratingsUnderstanding Key Performance Indicators Rating: 4 out of 5 stars4/5Cost Reduction Strategies A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsBusiness Integration A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsCost Benchmarking A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsPeople Management A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsOperations management Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsOperating model A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsKey Performance Indicator A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsBusiness Process Analysis A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsWhy Should I Give a ***** About Quality?: Understanding and Profiting from the Customer-led Quality Revolution Rating: 0 out of 5 stars0 ratingsRequirements management Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsKey Performance Indicators: Developing, Implementing, and Using Winning KPIs Rating: 0 out of 5 stars0 ratingsLEAN SERVICE: A Practical Guide for SME Owner / Managers Rating: 3 out of 5 stars3/5Customer Management A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsTraining Management Systems A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsContract Lifecycle Management A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsBalanced Scorecard Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsBusiness Process Management Complete Self-Assessment Guide Rating: 5 out of 5 stars5/5Business Process Management Plan A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsManagement Consulting A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsPlatform Scale Standard Requirements Rating: 0 out of 5 stars0 ratingsValue stream mapping Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsData Crush: How the Information Tidal Wave Is Driving New Business Opportunities Rating: 4 out of 5 stars4/5Business Process Optimization A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratings24/7 Innovation Rating: 2 out of 5 stars2/5KPIs A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsWinning With the Right KPIs Rating: 0 out of 5 stars0 ratings
Small Business & Entrepreneurs For You
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5The Side Hustle: How to Turn Your Spare Time into $1000 a Month or More Rating: 4 out of 5 stars4/5How to Think Bigger: Aim Higher, Get More Motivated, and Accomplish Big Things Rating: 4 out of 5 stars4/5Bending Reality: How to Make the Impossible Probable Rating: 5 out of 5 stars5/5The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy Rating: 4 out of 5 stars4/5Nine-Figure Mindset: How to Go from Zero to Over $100 Million in Net Worth Rating: 5 out of 5 stars5/5Starting a Business All-In-One For Dummies Rating: 4 out of 5 stars4/5Summary of Timothy Ferriss' book: The 4-Hour Workweek: More time, more money, more life: Summary Rating: 5 out of 5 stars5/5The Start Your Own Business Bible: 501 New Ventures You Can Launch Today Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5The Bitcoin Standard: The Decentralized Alternative to Central Banking Rating: 4 out of 5 stars4/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5HBR Guide to Buying a Small Business (HBR Guide Series) Rating: 5 out of 5 stars5/5How to Open & Operate a Financially Successful Notary Business Rating: 4 out of 5 stars4/5Small Business For Dummies Rating: 4 out of 5 stars4/5Dream Big: Know What You Want, Why You Want It, and What You’re Going to Do About It Rating: 4 out of 5 stars4/5What Your CPA Isn't Telling You: Life-Changing Tax Strategies Rating: 4 out of 5 stars4/5The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5The Whole Body Entrepreneur: A Physical and Emotional Self-Care Bootcamp Rating: 5 out of 5 stars5/5Yes!: 50 Scientifically Proven Ways to Be Persuasive Rating: 4 out of 5 stars4/5Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business Rating: 4 out of 5 stars4/5The Everything Nonprofit Toolkit: The all-in-one resource for establishing a nonprofit that will grow, thrive, and succeed Rating: 0 out of 5 stars0 ratings
Reviews for How to Benchmark Your Business
1 rating0 reviews