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Benchmarking service to boost business

08 September 2000 @TeesUniNews

 

Small and Medium Enterprises (SMEs) in the North East have an opportunity to benefit from a benchmarking service offered by the University of Teesside’s School of Business & Management. The service is available to SMEs with less than 250 employees and can be offered free of charge, as it is financed by the European Regional Development Fund. Benchmarking is a technique to improve business performance through comparisons with other organisations

The service provides the following:

· An explanation of benchmarking.

· An in-company benchmarking project, using a questionnaire completed by company staff.

· Analysis of the questionnaire and feedback about company performance, compared to other companies.

· Two days of free consultancy, giving the company an opportunity to make action plans to improve business performance.

Jim Bradley, from the School of Business & Management’s Commercial Development Centre, said: “This service enables SMEs to identify their strengths and weaknesses as a business, and identify priority areas for action. This will help companies to improve performance and secure business contracts.”

For more details on the benchmarking service please contact Jim Bradley on 01642 342913, fax 01642 342889, e-mail J.Bradley@tees.ac.uk