Benchmarking Training

Why become trained in the TRADE Best Practice Benchmarking Methodology?

The simple reason is that it is the most powerful approach to change management there is – it is a proven approach (with countless case studies documenting its use and benefits) and it is the only one that is accompanied by a recognized certification scheme. Added to this there is an easy-to-use benchmarking project management system and the support of the BPIR.com. More winners and finalists of the Global Benchmarking Award and International Best Practice Competition have used the TRADE Best Practice Benchmarking Methodology than any other improvement approach.

Training Modes

We understand that every learner is unique, and so are their preferences for learning. To cater to a variety of needs, we offer our comprehensive training courses in distinct delivery modes: Public and In-house, both virtually and in-person. Whether you thrive in a traditional classroom setting, prefer the flexibility of virtual sessions from the comfort of your home or office, or enjoy the collaborative atmosphere of a public virtual class, we have tailored our courses to suit your individual learning style. Explore the details of each delivery mode below and choose the option that best aligns with your preferences and schedule.

In-person public courses: Training is typically for 3 days from 8:00 am to 2:00 pm (MENA countries) or for 2 days from 8:00 am to 5:00 pm (Rest of the World). No. of participants maximum of 20 participants. Available through our partners. Contact trade@bpir.com for more details.

Virtual public courses: Attendees will undergo training through four sessions, each lasting three hours. These sessions will be conducted over a span of three to four weeks, with practical exercises assigned for completion between sessions. The training timing can be adjusted after the first session if all participants reach a consensus.

 

Start DateDetails 
15 August 2024

[Virtual] Timing: 8:00 am to 11am UTC

Training dates: 15 Aug, 22 Aug, 30 Aug, and 5 September

 

Register

$1,095/-  Now $880

1 October 2024

[Virtual] Timing: 8:00 am to 11am UTC

Training dates: 1 October, 8 October, 15 October, and 22 October

 

Register

$1,095/-  Now $880

21 November 2024

[Virtual] Timing: 8:00 am to 11am UTC

Training dates: 21 November, 28 November, 5 December, 12 December

 

Register

$1,095

 

  • Training Length: Training is typically for 3 days from 8.00am to 2.00pm (MENA region) or for 2 days from 8.00am to 5.00pm (Rest of the World).
  • No. of Participants: Maximum of 20 participants or five teams (if team benchmarking projects have been agreed in advance and each team consists of a maximum of 5 team members).

 

  • Training Length: Training over four, 3-hour sessions held over a period of two or three weeks with practical exercises undertaken between sessions.
  • No. of Participants: Maximum of 12 participants or three teams (if team benchmarking projects have been agreed in advance and each team consists of a maximum of 5 team members).
  • Training Fee: US$880 per person. A minimum of five people are required.

 

About the Training
  • Mastering TRADE Framework: Understand the principles and components of the TRADE Benchmarking Methodology, becoming proficient in applying the framework to various business scenarios.
  • Strategic Benchmarking Skills: Develop the ability to strategically identify areas for improvement within an organization, and apply benchmarking techniques to enhance overall performance.
  • Effective Project Planning: Gain expertise in planning and executing benchmarking projects, from formulating Terms of Reference to evaluating project progress and obtaining necessary approvals at each stage.
  • Advanced Analytical Skills: Acquire advanced analytical skills to review, prioritize, and assess the effectiveness of current practices, as well as to analyze and implement best practices identified through benchmarking.
  • Communication and Implementation Proficiency: Learn to effectively communicate benchmarking recommendations, develop comprehensive implementation plans, and successfully execute actions to integrate best practices into the organization.
  • Continuous Improvement Culture: Foster a culture of continuous improvement within organizations by instilling the habit of regularly evaluating and refining processes based on benchmarking insights.
  • Project Evaluation and Closure: Develop the ability to perform a thorough evaluation of benchmarking projects, including cost/benefit analysis, sharing experiences and outcomes with stakeholders, and effectively closing benchmarking initiatives.

This course is ideal for professionals involved in strategic planning, process improvement, and organizational development. It is suitable for individuals at various levels, from managers seeking to enhance team performance to executives aiming to drive organizational excellence.

  • Any employee who needs to improve their skills in benchmarking and performance management
  • Quality and Business Excellence staff
  • Middle Managers and Team Leaders involved in process improvement
  • Project Mangers
  • Operation Managers and Process Managers

As part of your enrollment in the TRADE Benchmarking Methodology Training, participants will gain access to a wealth of valuable resources to support their learning journey. These resources are meticulously curated to enhance your understanding and application of TRADE.

  • Training Notes for Each Stage of TRADE: In-depth training notes for every stage of TRADE will be provided, offering a comprehensive guide to mastering the intricacies of each benchmarking phase.
  • TRADE Project Management Spreadsheets: Participants will receive TRADE project management spreadsheets designed to streamline benchmarking initiatives, ensuring effective planning, execution, and progress tracking.
  • Example of a Filled TRADE Project Management Spreadsheet: A practical example of a filled TRADE project management spreadsheet will be shared, providing a tangible reference for participants as they implement TRADE in real-world scenarios.
  • One-Year Membership to BPIR.com: Each participant will receive a one-year membership to BPIR.com, a leading Business Performance Improvement Resource. This membership grants access to best practices to support your benchmarking projects.

The training is highly interactive. It is preferable that participants identify a benchmarking area of focus (a process, activity, or level of performance which needs to be improved) prior to the training. At the training participants will develop a Terms of Reference for a benchmarking project, plan the project and use different benchmarking tools. On completion of the training participants will understand what is required to complete a benchmarking project.

TRADE Benchmarking Methodology offers these benefits

1- It offers the premier approach to Benchmarking Certification (endorsed by the Global Benchmarking Network) where individuals trained in TRADE can advance from benchmarking “Trained” to “Proficiency” to “Mastery”. 

2- It is a proven approach. An impact analysis has shown that US$1 invested in TRADE Best Practice Benchmarking project, produces a return in efficiency savings or increased revenue for society of US$ 323 (the average return across 40 benchmarking projects).

3- It is flexible and can be used for exploratory (1-12 week) or in-depth (13-36 week) projects.

4- It provides a rigorous approach to planning and risk management with project progress constantly checked. If a project is not on-track, the project can be stopped, or its direction changed. All projects should deliver expected results and major benefits (potentially saving or generating millions of dollars for large projects).

5- TRADE projects are supported by the Best Practice Improvement Resource (BPIR. com). This website contains a wealth of best practices and benchmarking data, and its networking portal assists organisations to find and contact benchmarking partners.

6- It saves time and money. Twenty years’ of benchmarking experience, working with hundreds of organisations, has been invested into the development and refinement of TRADE materials and template forms.

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