Evolving benchmarking practices: a review for research perspectives

Hong, Paul; Hong, Soon W.; Roh, James Jungbae; Park, Ki Hyun

doi:10.1108/14635771211257945

Cited by 88 publications

(81 citation statements)

References 129 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The benchmarking is a process of identifying best practices for excellence in product, services or processes (Bhutta and Huq, 1999) and 'the search of implementation of best practices' [Camp, (1995), p.15]. Hong et al (2012) have discussed five research dimensions: strategy-based benchmarking; operationaleffectiveness benchmarking; technical-efficiency based benchmarking and micro-macro integrative benchmarking. They pointed out the need for going beyond operational level into strategic level for competitive advantage.…”

Section: Literature Reviewmentioning

confidence: 99%

Manufacturing strategy implementation and performance benchmarking in Indian packaging product manufacturing companies

Patil¹,

Narkhede²,

Akarte

2016

IJC

View full text Add to dashboard Cite

Abstract:The purpose of the paper is to assess the competitiveness of the manufacturing firm. The approach adopted for assessing the competitiveness is through manufacturing strategy implementation and performance benchmarking which will guide manufacturers for improving the current manufacturing decisions. The proposed integrated framework not only helps in quantifying and comparing the current manufacturing performance but also facilitate to pin point misaligned manufacturing decisions that needs to be focused for superior competitiveness. The intent of this paper is also to provide recommendations for plants committed to performance benchmarking. For analysing the competitiveness, plants are classified in four groups based on the increasing level of manufacturing strategy implementation using cluster analysis. A case of a manufacturing plant has been used to demonstrate its level of competitiveness and the areas of improvements based on benchmark values. Performance benchmarking is carried out by assessing difference in performance of a plant.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Manufacturing strategy implementation and performance benchmarking in Indian packaging product manufacturing companies

Patil¹,

Narkhede²,

Akarte

2016

IJC

View full text Add to dashboard Cite

show abstract

“…It is necessary to benchmark global industry standards including a look into the best practices at the team, workgroup, and organizational level [6], [7]. More so, [8] constructed case studies that draw attention to the importance of holistic approach to organizational comparison instead of focusing on particular parts in an organization.…”

Section: A Benchmarking In Businessmentioning

confidence: 99%

“… Low collaboration with local universities either for business, management and technical aspects. Therefore, there is need to increase motorsports events with increasing research efforts as the challenges of benchmarking are quite diverse, complex, and unsettling (Hong et al 2012). …”

Section: F Collaboration With Local Universitiesmentioning

confidence: 99%

Developing Motorsports Talents towards Achieving a Successful and Sustainable Business Ventures Framework upon the Completion of an Active Motorsports Career

Rahim¹,

Wahab²,

Razak³

2014

IJTEF

View full text Add to dashboard Cite

Abstract-In today's business environment, talent has become the potentially powerful source of competitive advantage. It is the fundamental building block to creating an organization which is capable of learning, innovating and changing, as well as executing new processes. It has been said that, talent management include the additional management processes and opportunities put in place for people in the organization that are considered to be talented. This paper intends to present a guide for racers to drive their companies by extending their success on the race tracks into business. This piece of work is based on the information gathered through in-depth interviews with three business owners that are also active racers. In the course of the interview, feedbacks regarding benchmarking through talent in motorsports and businesses were sought. The importance of talent management as seen through the prism of how top performers in motorsports have succeeded in driving their business while still producing impressive results on the race tracks was established in this study.

show abstract

“…It is necessary to benchmark global industry standards including a look into the best practices at the team, work-group, and organizational level [13]- [15]. More so, [16] draw attention of the entrepreneur to by using holistic approach to organizational comparison instead of focusing on particular parts in an organization.…”

Section: A Benchmarking Practicementioning

confidence: 99%

Benchmarking Practices through Online Social Networking

Norailis¹,

Asiah²

2015

JOEBM

View full text Add to dashboard Cite

Abstract-Benchmarking of online social network is a tool for continuous improvement in an organizational setting. This study examines the underline practice of online social network in benchmarking the practice in small and medium scale enterprises in Malaysia. The study employed qualitative approach by interviewing small and medium enterprise owners. The result indicate there are changes in performance by adopting benchmarking for service delivery that result from using new medium. It also implied that benchmarking approach can lead to new innovation through the exchange of information in a secured business environment with a significant effect on the financial well-being of the business. The regulators are most significant in benchmarking to reduce the competitive behavior among the business of the same character. The limitation of this study is small sample size. Therefore, future study can be conducted using survey method and also by increasing the sample size.Index Terms-Benchmarking, online social networking, small and medium enterprises.

show abstract

Evolving benchmarking practices: a review for research perspectives

Cited by 88 publications

References 129 publications

Manufacturing strategy implementation and performance benchmarking in Indian packaging product manufacturing companies

Manufacturing strategy implementation and performance benchmarking in Indian packaging product manufacturing companies

Developing Motorsports Talents towards Achieving a Successful and Sustainable Business Ventures Framework upon the Completion of an Active Motorsports Career

Benchmarking Practices through Online Social Networking

Contact Info

Product

Resources

About