A benchmark is a line drawn in the work (and applied to each KPI). Performance at or above this line indicates high level of achievement; performance below the line indicates further effort is required. Productive Outcomes LLC employs benchmarking method for continuous improvement of each segment of the organization against itself, over time, with constant movement of the line (“raising the bar”).
Features and Benefits
- Identifies minimum standards of performance
- Quantifies the upside potential
- Enables creation of effective team performance incentives