Benchmarking Quotes

To measure is to know. If you can not measure it, you can not improve it.

In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.

I have been struck again and again by how important measurement is to improving the human condition.

Progress is made where progress is measured.

Measure what is measurable, and make measurable what is not so.

If we are to have such a discipline we must have standards, and to get our standards under existing conditions we must have criticism.

I can never do better than Fawlty Towers whatever I do. Now I very much want to teach young talent some rules of the game.

In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.

I measure myself against everybody, not just the shooting guards.

Benchmarking is an ongoing exercise in any company that aspires for leadership.

Be a yardstick of quality. Some people aren't used to an environment where excellence is expected.

Working with some outside consultants or people that really can bring you an external perspective or a benchmarking to identify opportunities is a really good way to work.

I see that idea that we need a new form as something critical. I mean, we do need to invent and not be benchmarking all the time. That's important to me.

You know, when you're trying to get better at golf, you're always measuring your game up against other people to see what you've got to do to get better and to see if you can compete with them.

As part of being in the industry you do watch what others are doing. I think that's something good to do.

Benchmark your performance against your best competitors. Think how you can beat them next time.

I've been compared to people since the beginning. When you're starting out, you need a comparison so people will understand you right away.

We don’t have any metrics on that.

If all my bridge coach ever told me was that I was 'satisfactory,' I would have no hope of ever getting better. How would I know who was the best? How would I know what I was doing differently?

You want to look at what other companies are doing. It's very important not to be hermetically sealed. But you don't want to look at it as if, 'OK, we're going to copy that.' You want to look at it and say, 'That's very interesting. What can we be inspired to do as a result of that?' And then put your own unique twist on it.

Throughout the universe of public and private funds, managers are measured quarterly against one index or another, defined by statistics, and corralled into this category or that category so that fund of funds, pensions, and other institutions can make comforting - if not necessarily prudent - asset allocation decisions.

Being in the consumer business helps us groom talent in areas like marketing, finance and logistics. We can benchmark our outsourcing business to our consumer business and its best practices.

Copy, not from your industry, from others. You have to go where there is no competition.

You're only as good as your dumbest competitor.

I don't want to compare myself to anyone else, but there's Paul Smith, who I think does a great job. I feel like once I sort everything to the best quality, I'll be able to compete with them.