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Benchmarking

An often continuous process used in strategic planning. It is also known as 'best-practice benchmarking' or 'process benchmarking'. During the benchmarking process, organisations evaluate aspects of their processes in relation to best practice, usually within their own sector. Benchmarking allows the development of plans on how to adopt such best practice and to increase business performance.

LMC Courses cover over 150 business skills. If you are interested in learning about and acquiring a skill in BENCHMARKING, the following courses may be of interest:

Achieving World Class Performance M8
Essential Management Skills M28
Transformational Leadership and Strategy Formulation L74
This challenging and informative course is designed for senior managers, department heads, team leaders and directors who have the authority and inspiration to contribute to the development of strategy at departmental, business unit or organisational level.

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