The Benchmarking Network, Inc. is an international resource for business process research and metrics. We lead studies with over 140,000 process leaders in over 165 countries. We provide benchmarking training and research to individual companies, professional and trade associations, and industry and process based groups. Since 1992, our over 300 benchmarking studies have spanned virtually all processes and industries to identify measures and collect data to identify best practices including:
Six Sigma Insurance Industry Benchmarking AssociationOur Mission The 6 Sigma Insurance Industry Benchmarking Association (6SIIBA) is an association of insurance industry 6 sigma professionals within major corporations dedicated to providing members with an opportunity to identify, document and establish best practices through benchmarking to increase value, efficiencies, and profits.
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Benchmarking is a performance measurement tool used in conjunction with improvement initiatives; it measures comparative operating performance of companies and identifies the "best practices."
Benchmarking creates value by
Focusing on key performance gaps;Benchmarking is the sharing of performance and operational information to continuously compare activities among organizations to identify "Best Practices" and improve performance.
Benchmarking has proven to be the most valuable process for identifying performance improvement areas. The measurement of the best performing companies leads to the identification and implementation of "Best Practices".
The Benchmarking Network uses a proven study methodology that includes a dozen or more companies into a four to five month study cycle. Our process includes collecting measures of performance as well as the process information important to success. We then lead our sponsors to site visits at the "Best Practices" companies. This rapid turnaround minimizes cost while keeping the review at an appropriate level.
Visit our Studies Page for detail.
A Fasttrakk™ study is a rapid methodology that drives at rapid results that are obtained from groups interviewed by telephone. Sponsors defines the survey questionnaire. Up to 15 process and measures questions. TBN administers to a defined group of comparable peer companies. Results are summarized and presented in the form of a database. The advantages are speed and cost. A smaller question set is ideal for rapid answers and opening the door to further investigation.
The first step in any successful Benchmarking project is establishing an adequate foundation of understanding of the Benchmarking process as it is defined by corporations today. The Benchmarking Network provides general and customized courses in Benchmarking.
"Introduction to Benchmarking" is a two day course. Participants gain complete understanding of the concepts of Benchmarking through identification and analysis of "Real Life" case study examples.
The Benchmarking Network will facilitate this course at your location or at other locations throughout the world.
All courses and course materials can be customized and licensed for your company and industry.
Visit our Training Page for detail.
The Benchmarking Network provides the necessary research support efforts in organizations engaged in Benchmarking activities. We provide basic research by:
THE BENCHMARKING NETWORK supports study findings for its clients by:
The Benchmarking Network maintains its independence from the findings by not providing full-scale implementation services. The best practices we identify are based on the results of the study. The objective of our efforts is to provide the highest value findings, not to continue to sell additional services.