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September 2011
Mark2 Beware of Benchmarking!     


If there was ever a business quicksand pit, it would be the practice of benchmarking.  Benchmarking, as a business practice, came into prominence in the 1980s as organizations strived to find ways to improve themselves.  A worthy exercise at its basic level, benchmarking is the process of comparing how your company or organization does things with how others do things.  In particular, those companies or organizations perceived as industry leaders.  Now this in and of itself isn't so bad.  There can be value in studying how others do things.   


My issue is that there is a tendency to compare your RESULTS with theirs and attempt to replicate them and here's where benchmarking can be a misleading endeavor.


Read the full article.

To learn more, please visit my website at www.kodyne.com.

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Net 30 Payables - An Interesting Concept
by guest author Steve Gilbertson of Electramatic, Inc. 


Businesses have been operating on a Net 30 basis for decades yet some companies are trying to force their suppliers to Net 45 or Net 60 days on paying invoices.  I believe this practice has had a devastating impact on the manufacturing supply chain and is contributing to today's credit crunch as well as our current economic difficulties.  
Read the full article.

Steve Gilbertson  is President of Electramatic, Inc. ((www.electramaticinc.com), a wire harness manufacturer and electrical cable assembly supplier based in Minneapolis, MN.   

Need Expert HR Support?

Elaine Pattison
Summerhill Associates, LLC
Human Resources Consulting  


 "Working with people working together"


Elaine works with small and mid-size companies to maximize Human Resources ROI.  She will:

[email protected] 






A member company of The Alternative Board/TAB Twin Cities   


In This Issue
Beware of Benchmarking!
Net 30 Payables
Success ...
From My Clients
Upcoming Articles
Success ...

"Success is simply a matter of luck.  Ask any failure."  


Earl Wilson 

From My Clients ......

"When I come to my TAB board with a thought or item, they help me to shape it into a plan and give me the confidence to run with it."

Heidi Nordell, President
Botanical Blitz
Corcoran, MN

Upcoming Articles

Strategic Hiring
Organization Development

Is Your Web Site Ready
 for Mobile Web?

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We'll get your site ready for access by cell phone, iPad, and other PDA technologies.  Call for a consult.

Jonathan McDonagh

A member company of
The Alternative Board/
TAB Twin Cities

Leadership Coaching

Are you wrestling with managing staff?  Making decisions?  Building a more effective organization?  Setting a direction for your business?  Dealing with conflict?

These are tough issues, especially in today's economy.  If these issues are keeping you up at night or making your day difficult to get through, contact me.  I can help.

Leadership is about aligning people's efforts to achieve a common purpose.  But the journey begins with you.  If you'd like some support in this area please contact me at
763-551-4777 or email [email protected]

Individual and group engagements are available.

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