Factors contributing to the success of benchmarking : a South African perspective

dc.contributor.authorHuman, Jacobus Schalk
dc.contributor.authorShotter, Magdalena
dc.date.accessioned2009-09-11T12:24:05Z
dc.date.available2009-09-11T12:24:05Z
dc.date.issued2001-03
dc.description.abstractThis study aims to identify the factors that have an influence on the success of benchmarking projects, and finds that listed South Aftican manufacturing companies achieve a high degree of success with their benchmarking projects. The key success factors are a cost-benefit analysis and the formulation of an implementation plan during the planning stage of the process. Other factors include limitation of the scope and length of the project, an optimum number of four partners, the selection of partners of similar size and the inclusion of partners from other industries. It was also found that the compliance with a code of conduct by all the partners and the consideration of ethical and legal aspects are essential elements of success.en_US
dc.identifier.citationHuman, JS & Shotter, M 2001, 'Factors contributing to the success of benchmarking: a South African perspective', South African Journal of Economic and Management Sciences, vol. 4, no. 1, pp. 26-40. [http://www.journals.co.za/ej/ejour_ecoman.html]en_US
dc.identifier.issn1015-8812
dc.identifier.urihttp://hdl.handle.net/2263/11224
dc.language.isoenen_US
dc.publisherFaculty of Economic and Management Sciences, University of Pretoriaen_US
dc.rightsFaculty of Economic and Management Sciences, University of Pretoriaen_US
dc.subjectPartnership benchmarkingen_US
dc.subjectManufacturing companiesen_US
dc.subjectCost-benefit analysisen_US
dc.subjectConsortium benchmarkingen_US
dc.subjectCode of conducten_US
dc.subjectBenchmarkingen_US
dc.subjectBenchmarking projectsen_US
dc.subjectBenchmarking partnersen_US
dc.subjectAccountingen_US
dc.subjectManufacturingen_US
dc.subjectEconomicsen_US
dc.subject.lcshBenchmarking (Management) -- South Africaen
dc.titleFactors contributing to the success of benchmarking : a South African perspectiveen_US
dc.typeArticleen_US

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