Accredited
Duration: 1 Day
Time: 8:30am-4:00pm
A recent report by management consultancy firm Accenture, points out that benchmarking is an important element of any operational process: “Knowing where you stand in terms of costs and value creation is essential to evaluate where you stand competitively. Without a robust benchmarking effort, you are simply flying blind, especially with regard to best practices.”
WHO SHOULD ATTEND
• Managers in all economic sectors
• Typically, second level managers such as heads of department, section heads or divisional heads, who may have more than one team reporting to them.
HOW YOU WILL BENEFIT
• Apply the concept of best practice to a business or department
• Analyse current practices in the unit in relation to identified best practices
• Decide on the best practices to be adopted in the business or division
• Formulate recommendations for implementing best practice
• Draw up a plan for implementation • Implement, monitor and control conversion to best practice
WHAT WILL BE COVERED
• Understanding the concept of “Best Practice” and its importance to a business • Defining “World-Class” practices and their applicability in relation to best practice for a business
• Identifying relevant best practices for your business
• Identifying current practices in your business and evaluating them against alternatives
• Determining appropriate changes to be implemented
• Preparing recommendations for change with reasoned justification
• Drawing up an implementation plan and associated resource plan
• Implementing Best Practices, monitoring progress and addressing corrective action