Question

How can bench-marking help you develop goals for your performance?

How can bench-marking help you develop goals for your performance?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Benchmarking creates the understanding for the creation of a point of reference with which we can measure another dependent variable. The considerations are straightforward, and the undertaking built is, therefore, easy to establish. When developing our goals, we take into account both long and short term implications and consider a SMART approach to designing them, which makes them specific, measurable, achievable, realistic, and timely. Benchmarking caters to the measurable and timely aspect of SMART goal establishment process. We need to take into account the specificity of specific values which determine the level of our success as well as the incorporation of other criteria which can be measured through a reference point which we can then establish through benchmarking our goals. The specificity brought by benchmarking, therefore, caters to a data-backed decision-making process and helps with controlling and measuring the outcome of our endeavors better.

Add a comment
Know the answer?
Add Answer to:
How can bench-marking help you develop goals for your performance?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT