[Bench puting schooling Function]| BENCHMARKING TRAINING FUNCTION Introduction Benchmarking is the process of comparability 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 consider (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 spirit at what benchmarking is; the various parameters studied for benchmarking and also at how these companies screw on these parameters. The parameters used for affinity are: * Training menstruation * Training Delivery Methods * LMS Installation Type * Training Staff- disciple Ratio * Rewards and Recognition * Minimum Number of Training Hours necessary * 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 tending(p) altitude and against which just about new(prenominal) heights could be gradatory 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 away and GE. In business terms there are legion(predicate) definitions of benchmarking, but essentially it involves learning, sharing information and adopting best practices to witness about step changes in performance. So, at its simplest, benchmarking means: improve by learning from others i.e. ? benchmarking is simply about making comparisons with other organisations and then l earning the lessons that those comparisons t! hrow up Benchmarking can be defined as: A...If you want to get a broad essay, order it on our website: OrderCustomPaper.com
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