Benchmarking with industry standards improves process performance from "summary" of Gestão de Processos: Pensar, Agir e Aprender by
Benchmarking with industry standards is a crucial practice for organizations looking to enhance their process performance. By comparing their own processes with those considered as best practices within their industry, companies can identify areas for improvement and learn from the success of others. This allows organizations to set realistic performance goals and benchmarks based on what is achievable within their sector.
Through benchmarking, companies can gain valuable insights into how their processes stack up against competitors and industry leaders. This knowledge can help organizations identify inefficiencies, bottlenecks, and areas of waste within their operations. By understanding where they fall short in comparison to industry standards, companies can develop targeted strategies for improvement and optimization.
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