Posted on March 18, 2014
Organizations today are tasked with aligning performance measures with Business Strategy, Structures and Corporate Culture. Benchmarking is a powerful method for breakthrough thinking, innovation, and improvement and for delivering improved bottom-line. Choosing the correct measures to benchmark your organization is difficult. Should you benchmark against your competitors, the best in your sector, or internal processes and financial metrics. You can also benchmark against less tangible forces such as the quality of service & innovation. This presentation aims to provide a broad framework for implementing Benchmarking whilst providing techniques to mitigate the challenges it may pose in order to drive organizational success.
Surendra Goyal, CFO Black Carbon, Aditya Birla Group
Mr. Goyal has been associated with the Aditya Birla Group for over two decades holding Senior Positions of responsibility in the Group’s Flagship Companies. He took over as the CFO of Birla Carbon in 2009 and has been instrumental in establishing the Key functions of Corporate Finance, Risk and Strategy for the business. He has received several accolades including “The CNBC Best CFO Award” in 2011 and is regularly invited to speak at various leadership forums. Mr. Goyal is a Rank-Holder Chartered Accountant from the Institute of Chartered Accountants, India.
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This article and slide show were made by industry experts and can also be found on ieondemand.com