EBM Benchmarking
Emirates Business Management Benchmarking Program (EBM-BP) was launched in 2014 by Emirates Business Management International Consultants (EBM), in partnership with Business Excellence Department (BED) of Department of Economic Development (DED), Govt. of Dubai, United Arab Emirates.
In short period of 2 years, EBM-BP has become de-facto standard for Organisations, including Government, Semi-Govt, Public Companies, Enterprises/Corporates, SMEs, to Benchmark their own Key Performance Indicators with Industry Standards, in general and in particular to the industry they belong to. This enables them to improve their performance on as sustained basis.read more...
EBM-BP is a pioneer in this regard, as before that, no such benchmark was available in the region against which any organization can reliably benchmark their own KPIs. This initiative by EBM was well supported by and in alignment with the policy of the UAE Government and its Leaders to promote Excellence and Best Practices in Businesses or all other Processes of any Organisation.
EBM-BP provides various Key Performance Measures (KPMs) that are grouped logically into various Key Performance Indicators (KPIs) and Key Result Areas (KRA).
There are more than 150 KPMs, and growing, grouped into various KRAs based on various Business Excellence Criteria Groups such as: Customer Perception Results, Customer Indicator Results, Employee Perception Results, Employee Indicator Results, Society Perception Results, Society Performance Results, Financial Outcome Results, Financial Performance Results, Marketplace Results, & Process Improvement Results. The data is classified into Business Verticals including: Manufacturing, Trading, Hospitality, Contracting, Service, Government, etc.
EBM-BP Partners can subscribe to any of KPMs and Benchmark their Multiple Year Data against the Industry Standard for any particular KPM. Of course, they have to share their own data to be able to do so. An example of EBM-Benchmarking Chart is as under:
EBM-BP endeavours to help Organizations adapt to market dynamics with the intent to enhance Productivity, Knowledge Management, Quality Improvement and overall Business Excellence through Benchmarking and Sharing of Best Practices. EBM & BED lead the Benchmarking Process, facilitate meetings between Member Organizations as and when needed, Organize Site Visits as and when needed, Develop a Database of Benchmarking Data, Generate Reports, Facilitate an Annual Benchmarking Forum, Publish a Quarterly Periodical, etc.
Benchmarking is proving be a very powerful tool of Business Excellence and helping a long way in improving an organisation’s KPIs, and making not just incremental improvement, but also breakthrough improvements.
For more details, visit website:
http://www.ebmbenchmarking.com/
EBM-BP Partners can subscribe to any of the 150 KPMs and Benchmark their Multiple Year Data against the Industry Standard for any particular KPM.
Benefits of EBM-BP Partnership
- Access to ready-made data or information on the industry average.
- Access to the ‘best in class’ performance data.
- Ability to assess your own performance against best in class and industry average.
- Ability to set rational targets to strive for continual improvement.
- Avail quarterly reports on Benchmarking information and keep track of latest progress in the corporate world.
- Participate in and witness the Annual EBM-BP Forum.
- Have the opportunity to win distinguished Awards at the EBM-BP Forum.
- EBM-BPs can get to use the distinguished logo on their business reports, lending authenticity to their data.
- Reports submitted by EBM-BPs automatically benefit from the data credibility.
- Make a good impression on Business Excellence Assessors.
- EBM-BPs can avail the opportunity to participate in the EBM-BP Benchmarking Clubs.
- EBM-BPs can avail the opportunity of making Benchmarking Visits to other EBM-BPs under a controlled and managed environment.
In a nutshell, EBM-BPs will be able to adapt to market dynamics with the intent to enhance:
- Productivity.
- Knowledge Management.
- Quality Improvement.
- Attain overall Business Excellence through Benchmarking and Sharing of Best Practices.
To become a EBM-BP Partner, visit website:
www.EBMBenchMarking.com/
Then click Benchmarking>Become a Benchmarking Partner from the Top Menu.
Benchmarking Clubs are unique conference events for the participating Members, either as part of EBM-BP or separately, where selected Organisations present their Best Practices based on a carefully selected dynamic Topic every time. This enables all the Benchmarking Club participants to gather knowledge about Best Practices, Benchmark their own Practices against it and Improve their Own Performance, leading to more successful organisations.
EBM regularly holds Benchmarking Club sessions (at least once in a month) and picks up most relevant topics and presenters, to drive this very healthy practice to promote Business Excellence.
To join a Benchmarking Club, visit website:
www.EBMBenchMarking.com
Then click Benchmarking>Become a Benchmarking Club Member from the Top Menu.
Benchmarking Site Visits are unique events for the participating Members, as part of EBM-BP, where selected Organisations showcase their Best Practices, by leading the participants to their own premises in live environment, whereby these Best Practices are demonstrated in real-time action. This enables all the Benchmarking Visit participants to practically witness the Best Practices and gather knowledge about them, Benchmark their own Practices against it and Improve their Own Performance, leading to more successful organisations.
EBM regularly arranges Benchmarking Visits at prestigious Organisations, to drive this very healthy
practice to promote Business Excellence.
Benchmarking Site Visits are currently available only to EBM-BP Partners/Members.
For more details, visit website:
www.EBMBenchMarking.com
