MBA INFORMATION for ASPPIRING STUDENTS

It is imperative for aspiring students to gather data on the courses they prefer to pursue in the near future. For the benefit of those who want to do their MBA in foreign countries, I have prepared a list of websites that give comprehensive details about the procedures involved in the admission process abroad and also the pre-requisites necessary for the same.

Download PDF: Strategic Thinking Outside the Box

Bench Marking

German illustration of the quality management process model (closed loop system), including the PDCA circle (Photo credit: Wikipedia)

Six sigma (Photo credit: Wikipedia)

BENCH MARKING

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.

"A technique that makes use of external comparisons to better evaluate current performance and identify possible actions for the future".

The systematic process of comparing an organization’s products, services and practices against those of competitor organizations or other industry leaders to determine what it is they do that allows them to achieve high levels of performance.