Types of Benchmarking Processes for Business Strategy

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  • Опубликовано: 28 авг 2024

Комментарии • 22

  • @tosht2515
    @tosht2515 5 лет назад +3

    Love this. Hope your students appreciate that these are real world scenarios and not just academic concepts. In my business life, many of the benchmarking you've highlighted are analyzed every week: year over year sales, YoY new customer acquisition, legacy vs new products growth (actual and %), enterprise vs small accounts, territory vs territory and on and on. Really fun videos, Mark. 👍

    • @woltersworld
      @woltersworld 5 лет назад +1

      Thanks Tosh. That's what I am trying to do with this whole channel. Take those academic business concepts and make them relatable to students so they can "get it" thanks for all the support. Just filmed a video on what not to comment on RUclips videos and your comments on another person's comment directly set up one of them :) should be out in a week or two.

  • @bettycurtis5581
    @bettycurtis5581 3 года назад +1

    Very well explained! Thanks so much. By far the BEST video that BEST descrisbes Benchmarketing.

  • @kam.26
    @kam.26 3 года назад

    Thank you Professor! Love the back drop as an American that went to UCL for grad school. Very helpful video!

  • @torycook1215
    @torycook1215 5 лет назад +3

    Good info, Professor! 😊

  • @angeldevega6002
    @angeldevega6002 3 года назад

    This is helpful. Thank you!

  • @dalisiwekaira4545
    @dalisiwekaira4545 3 года назад

    Very well explained!
    Thanks!

  • @cisomercader3127
    @cisomercader3127 11 месяцев назад

    Thanks for info god bless

  • @doubleaalmighty2275
    @doubleaalmighty2275 3 года назад

    Helped a lot thank you

  • @renardsotto5970
    @renardsotto5970 3 года назад

    Very informative Thank you!

  • @sadaharu9717
    @sadaharu9717 3 года назад

    This is really helpful, thank you❤️

  • @apurbusarderapu3383
    @apurbusarderapu3383 Год назад

    nice

  • @ItsMikeLearns
    @ItsMikeLearns Год назад

    isn't internal and historical benchmarking the same thing?

    • @ProfessorWolters
      @ProfessorWolters  Год назад +1

      it can be, but in general internal is comparing different parts of the company, while historical is comparing the exact same metrics
      so internal may be comparing Coke's numbers to Sprite's numbers, while historical would be comparing coke's 2019 numbers to Coke's 2023 numbers

  • @euroterraeuroterra9441
    @euroterraeuroterra9441 3 года назад

    benchmarking bonds?

    • @samuelflores9922
      @samuelflores9922 Год назад

      Bond rating company’s like S&P global, rate based on risk and return.