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Essay's paper info
Topic: Business
Number of pages / Number of words: 8 / 1981
Essay's paper body

Benchmarking will assist the group to identify alternatives through the practices of companies in various industries. After a timely review of the benchmarking process, the team got to work on researching various industries to accumulate three to five possible solutions to be evaluated against the problem statement and end-state goals...


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We divided the benchmarking into sections so that each group member could thoroughly research the topics and come up with various solutions. The sections are listed below with some of the search terms that we utilized.

? strengthen leadership

o Senior level communication improvement

o Employee recognition

o Mentoring programs in upper level management

o Dynamic leadership development

? elevate employee satisfaction

o Salary/Bonus structures

o Stock options

o Training/Education

o Motivation

? develop innovative products

o Going global with new products

o Product Life Cycle studies

o R&D

o Focus groups

? increase profitability

o Outsourcing

o Cost cutting

o Business relationship development

o Automation

The generic benchmarking worksheet below lists the alternatives that we feel could assist Global Communications Corporation in the 9-step problem solving model...


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