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benchmarking: A process of searching out and studying the best practices that produce superior performance.
WASHINGTON, DC - NOVEMBER 20: BenchMarks 2019 Event at the National Portrait Gallery - Smithsonian Institution on November 20, 2019 in Washington, DC. (Photo by Tasos Katopodis/Getty Images)
We visited Hoover Dam during our travels north. Looks a little different than it did in the late 1950's, when I had last been there.
I was quite taken with the brass benchmarks embedded in the dam itself. This one is dated 1935.
Image processed with GIMP.
The curve-a-licious benches in front of Groningen Centraal train station in low early morning light.
a company will focus its benchmarking on a single function to improve the operation of that particular function. Complex functions such as Human Resources, Finance and Accounting and Information and Communication Technology are unlikely to be directly comparable in cost and efficiency terms and may need to be disaggregated into processes to make valid comparison.
My sister sent me a reproduction benchmark from the Grand Teton in Grand Teton National Park, Wyoming.
I've climbed this mountain nine times. Once was a winter accent, summiting on New Year's Day.
NEW YORK, NY - OCTOBER 18: Managing Director for National Market Research, Alexander Paul (3R) and guests attend Benchmarks NYC at New York Public Library on October 18, 2018 in New York City. (Photo by Noam Galai/Getty Images for Spearhead Marketing Group)
Recruitment Industry Benchmarking (RIB) Index provides RIB members with a proven, measurable system of benchmarking, allowing members to increase the value of their businesses and optimise performance.
The REC has announced a major new strategic partnership with RIB, the purpose of which is to assist REC members to improve their business's performance through access to market intelligence and up to date information for benchmarking purposes.
The RIB Index is a web-based management tool into which recruitment businesses input their monthly data and in return receive a suite of current market intelligence. These comprise up to the minute, bespoke and fully confidential reports which position a specific business’ performance against others within their sector that are measured on criteria such as turnover, profit margins and employee costs.
The power of benchmarking is widely recognised. It focuses on comparing companies' results with those of similar businesses, providing a detailed look at key metrics, leading to a process of continuous improvement.
Cut benchmark, 210.59 metres above sea level at Newlyn.
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