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Benchmarking

Individually identify three different problem/opportunity statements from the TeraTech scenario equating to Topic A, B, and C. The problem/opportunity for three Topics should relate to the Product focus of this week. For each problem statement, complete generic research on a different company for each statement. For each problem statement:

1. Identify one company (not used in any other Problem Statement) that has faced and addressed similar situations (successfully and/or unsuccessfully).

2. Identify whether the company was successful or unsuccessful and why.

3. Summarize in approximately 200 words your key findings of the company's results as they relate to the TeraTech scenario.

4. Identify at least one alternative solution for TeraTech from the company researched.

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Problem Benchmarking
Individually identify three different problem/opportunity statements from the TeraTech scenario equating to Topic A, B, and C. The problem/opportunity for three Topics should relate to the Product focus of this week. For each problem statement, complete generic research on a different company for each statement. For each problem statement:

1. Identify one company (not used in any other Problem Statement) that has faced and addressed similar situations (successfully and/or unsuccessfully).

2. Identify whether the company was successful or unsuccessful and why.

3. Summarize in approximately 200 words your key findings of the company's results as they relate to the TeraTech scenario.

4. Identify at least one alternative solution for TeraTech from the company researched.
Generic Benchmarking Worksheet

Concept of Benchmarking:
BENCHMARKING

Benchmarking is a self-improvement tool for organizations. It allows ...

Solution Summary

Response provides guidance for Benchmarking

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