om prefi 2
is the process of using fewer resources, as well as less time and less money, to achieve the same goal.
Efficiency
is the ability to produce an intended result in the way that results in the least waste of time, effort, and resources.
Efficiency
A process is made up of people, work, activities, tasks, records, documents, forms, resources, rules, regulations, reports, materials, supplies, tools, equipment, and so on- all the things that are needed to transform inputs into outputs.
EFFICIENCY AND EFFECTIVENESS
a measure of doing the "right things." Highly effective individuals and companies act in ways that move their highest priorities forward on a regular basis.
Effectiveness
is the ability to produce a better result, one that delivers more value or achieves a better outcome.
Effectiveness
is a tool for assessing and comparing performance to achieve continuous improvement.
BENCHMARKING
This is a process that involves measuring the performance of your business against a competitor in the same market.
BENCHMARKING
Comparing your companies products and services.
Competitive Benchmarking
comparing the strategy to other successful companies
Strategic Benchmarking
Lead to innovation and dramatic improvements
Functional Benchmarking
focuses on improving specific critical processes and operations.
Process Benchmarking
Involves analyzing outside organizations that are known to be best in class.
External Benchmarking
Process in which a company or an organization looks within its own business to try and determine the best practice or methodology for conducting a particular task.
Internal Benchmarking
Typically refers to analyzing high-performing education systems and Identifying ways to improve our own system based on those findings.
International Benchmarking
is the process of identifying "best practice' in relation to both products and the processes by which those products are created and delivered
Benchmarking