[Bench puting schooling Function]| BENCHMARKING TRAINING FUNCTION Introduction Benchmarking is the process of study ones product line processes and performance metrics to industry bests and/or best practices from different industries. Benchmarking involves management identifying the best firms in their industry, or any opposite industry where similar processes exist, and comparing the results and processes of those hit the books (the targets) to ones own results and processes to apprize how well the targets perform and, more importantly, how they do it. This report deals with benchmarking in 5 of Indias IT companies: 1) Infosys 2) Cognizant 3) HCL 4) Accenture and 5) TCS We wager at what benchmarking is; the various parameters studied for benchmarking and also at how these companies deal on these parameters. The parameters used for affinity are: * Training layover * Training Delivery Methods * LMS Installation Type * Training Staff- scholar Ratio * Rewards and Recognition * Minimum Number of Training Hours call for * Types of Training * Evaluation Techniques and * ploughshare of revenue spent on training What is benchmarking?
The term benchmark comes from study where it was used to declare a notch or mark representing a stipulation altitude and against which virtually other heights could be graduate or benchmarked, since when it has come to mean any ideal against which something is compared; and some of the leading exponents in business include go despatch and GE. In business terms the re are many definitions of benchmarking, bu! t essentially it involves learning, sharing information and adopting best practices to amaze about step changes in performance. So, at its simplest, benchmarking means: change by learning from others i.e. ? benchmarking is simply about making comparisons with other organisations and then learning the lessons that those comparisons throw up Benchmarking can be defined as: A...If you want to get a wide essay, order it on our website: OrderCustomPaper.com
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