Best Benchmarking Practices: Look in Your Own Backyard

Before you venture outside your organization to search for best practices, look in your own backyard. You may find that one of your departments is saving 50% on a particular process because they developed a faster way to get the job done. How valuable would that knowledge be to other departments and divisions? Develop a system for identifying, communicating and implementing best practices you uncover within other parts of the company, using the following tips as your guide. Form a…