Benchmarking Strategies: A Tool for Profit Improvement

Both the diagnosis and the cure for an out-of-shape organization, benchmarking is one of the most effective regimens available for transforming any company into an optimally functioning, world-class performer. Used in a program of continuous improvement, benchmarking is a process that allows a company to measure the efficiency and effectiveness of each of its activities and operations an put in place a set of best practices designed to move the company toward improved performance profits.

And Benchmarking Strategies shows you exactly how. Written by one of its leading experts, Benchmarking Strategies is a practical manual to benchmarking principles, techniques, and implementation, outlining just how to set up benchmarking criteria, monitor overall progress—while fulfilling the expectations of the company’s various stakeholders. Inside, you’ll find expert guidance on:

• Developing benchmarks and basic business principles for your company as part of a detailed corporate strategic plan
• Identifying internal operational areas or functions to benchmark and establishing best practice target triggers for building internal excellence
• Using external benchmarks to compare your company to competitors, industry, and best-in-class functions to become the best you can be

Essential to transforming your organization into an endurance runner—with the know-how and stamina to outdistance the competition--Benchmarking Strategies is the complete training manual to achieving and maintaining excellence throughout every part of your company.

About the Author

Rob Reider, CPA, MBA, Ph.D., is the founder and President of Reider Associates, a management and organizational consulting firm in Santa Fe, New Mexico. A nationally recognized expert in the area of performing operational reviews, Dr. Reider is the course author, presenter, and discussion leader for over 20 different workshops and seminars conducted nationally by Reider Associates and recipient of the AICPA’s Outstanding Discussion Leader of the self-study courses Developing a Consulting Practice and Operational Auditing and the books The Complete Guide to Operational Auditing and Operational Review: Maximum Results at Efficient Costs.