Benchmarking Comparison Management 
Harvard Business
AUGUST 10, 2018
Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.
Harvard Business
DECEMBER 10, 2018
But the comparison at least provides a benchmark. Recently on a radio show discussing my research, a former suburban hiring manager called in to echo this sentiment: “We had a difficult time finding applicants for our low-level clerical positions because those applicants lived in the city.
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Successful Independent Consulting
SEPTEMBER 16, 2017
Benchmark so you know your rate is reasonable. Talk with other consultants, do a web search on typical management consulting rates in your city or state, and/or try converting your employee salary to an hourly rate. Remember, even your higher rate will be cheaper in comparison.) There are lots of ways to do this.
Harvard Business
FEBRUARY 2, 2018
A recent report in the Journal of Management noted that of nearly 25,000 academic articles on performance, only a fraction include what psychologists call within person variance , which describes ranges, such as that between individuals’ top, average and worst performances. If the path is generally up, all’s good.
Tom Spencer
JUNE 27, 2021
Your manager recently told you that you did a good job on a project. You can start to develop a benchmark by considering the collective reasoning of those attending the same presentation as well as your own initial opinions. Video with audio is the best, but if all you can manage is audio that is much better than nothing.
Harvard Business
SEPTEMBER 30, 2016
While pay transparency may accelerate attention being paid to remedying pay discrimination, managers should consider moves toward transparency with their eyes wide open. It is hard to imagine a policy change that does more to place pay comparison in everyone’s face than pay transparency. But herein lies the challenge.
Tom Spencer
OCTOBER 13, 2023
Efficiency ratio The efficiency ratio measures effective cost management and operational efficiency, and is defined as non-interest expenses divided by revenue. Some important considerations include: industry and peer comparisons, historical performance analysis, market conditions, and macroeconomic factors.
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