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Partial Indicators Method
The partial indicators technique consists of calculating various measures of the financial, operating, commercial, and quality of a business's performance. Past performance can give information on improvements over time. These indicators account for the relationship of two easy measures, yielding indices of productivity, human capital development, or financial conditions, between others. Such performance indicators involve, for example, the number of workers per one thousand connections, training hours, the percentage of loss, etc.
The ultimate reasons of the benchmarking exercise are to bring the step forward improvement and align the several business processes along with the help of best practices to achieve the goal. Therefore it becomes more significant to select and tailor the set of indicators to the reasons and to the intended users.
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application and demerits
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