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Benchmarking is an ongoing, systematic process for measuring and comparing the work processes over a unit of time. J  i@What are Best Practice Changes?The change can be incremental changes which are small changes or additions to the existing system or process - or reengineering changes which are much larger.  AKey ComponentsContingencies - Murphy s Law Dependencies   A cannot be done until  B is done Funding Capacity - People, equipment or space Control Points - Periodic formal reviews Risk assessments - What factors can cause a failure? Sufficient Time`dx $ "BReasons for FailureLack of planning Inadequate time, money or personnel Alterations of packaged software Unexpected problems with custom programming Lack of control points Inadequate testing0`d CReasons for Failure Cont. Lack of support from top management Lack of cooperation by other departments Lack of preparation for change due to poor communication Disgruntled personnel within department Fear that the changes will result in lay offs  or extra work2 Zf ZfDSources of IdeasSACUBO / NACUBO Publications Accounting Best Practices by Steven M. Bragg Hundreds Web Sites The Staff of ý Encourage suggestions`d- %`d E.Where to go from here& .xPeriodically, several ideas will be given out with the expectation that they will be reviewed for feasibility and practicality. If some appear promising, a proposal will be put forth with a cost/benefit analysis for further review. Move forward towards implementation. With luck and teamwork we will have & SUCCESS! J3 Z ZZ3 KHandouts to Departments*Handouts are real examples of Best Practices that have been implemented in other universities or have been proven effective in business. The handouts list where additional information is available along with an abstract of the proposal.: Z!Zd ZNImplementation StatusThe proposals reviewed will be classified as: Current Practice New Implementation In process Possible Implementation Will not Implementx/`d] /O Documentation0The next step will involve documenting the ones with a status of New Implementation, In process or Possible Implementation. A form is available from Dianne Parkerson 7-3946, this purpose. 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