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Benchmarking Presentation Final

Apr 08, 2018

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    A Case Study

    onBenchmarking

    By: The Team from

    Dubai Technology & Media Free Zone Authority (TECOM)

    A member ofDUBAI HOLDING

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    TECOM at a glance

    Our vision :Making Dubai a location of choice for Knowledge Based

    industries.

    Established as one of the milestone in Dubais 2010 Vision for a

    knowledge economy.

    Launched as a commercial tax free zone

    One of the largest fully managed free zones in the world thatoperates under six separate clusters: Value added real estate,IT & Telecom, Media, Biotechnology, Energy and Education.

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    How we understand Benchmarking:

    The search for best practices

    Aiming for superior performance.

    Follow a structured process of measuring & comparing anorganization's performance against comparable processes

    Target leading organizations to obtain information that willhelp the identification & implementation of improvements.

    Source: Benchmarking Definition; American Society for Quality

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    Two forms of benchmarking:

    Internal Benchmarking; studying the practices andperformance among our departments.

    i.e. Dubai Internet City with Central Procurement.

    External Benchmarking; determining the performance ofothers preferably world-class, companies.

    i.e. DIC Sales Department with DAFZA

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    Targeted types of benchmark:

    Three types:

    Metric Benchmark

    Process Benchmark Practice Benchmark

    An organization could deploy each type independently or as

    one package.

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    Metric Benchmark

    A quantitative comparative assessment

    Enables departments to track internal performance over time

    Compare departments performance against their past

    performance baseline or to that of similar functions.

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    Process Benchmarking

    Involves the following steps:

    Identifying specific work procedures

    Improve procedure via a step-by-step process mapping Locating external examples of excellence process for

    standard setting and/or emulation.

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    Business Practices Benchmarking

    Focuses on seeking out, gathering and studying profiles of

    best business practices that produces superior business

    performance.

    The outcomes of practice benchmarking typically are

    histograms profiles

    Using surveying techniques with a consortium of participants,

    the resulting metrics or findings of the practice can be used toidentify best practice case studies.

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    Our Approach to Benchmark

    10 steps

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    1. Raising the Awareness

    20sessions in a quarter to introduce the concept and go through the methodology

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    2. Referring to the DGEP Model

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    3. Generating buy- in &

    Approval by Top Management

    Draft statement & send it for approval by Top

    Management

    Using the organizations meeting platforms

    Departmental Meetings

    General Meetings

    Conducting workshops

    Publishing informative article on the portal

    Group e-mail

    One-to-one meetings i.e. Heads; Managers

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    4. Inviting the Team:

    Develop minimum team selection criteria

    Develop a draft Team Charter

    Request nomination from Chiefs

    Call for voluntarily participation

    Ensure participation from the supporting functions

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    5. Internal Opening Meeting & Plan

    Proper scheduling of the meeting

    Develop a specific agenda

    Appoint a Chairperson for the meeting & a Minutes

    coordinator Discuss & agree the charter

    Identify the counterpart

    Develop a simple template to share with counterpart

    Agree clear action plan with dates Distribute the tasks

    Agree the following meeting

    Microsoft Word

    Document

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    6. External Opening Meeting & Plan

    Exchange Top Management Approvals

    Communicate Charter

    Generate Consensus & signatures

    Minutes the Meeting Agree the plan including:

    Function to function meetings

    Potential areas to benchmark

    Counterparts or touch points executives Draft Schedule

    The Group meeting (review meeting)Microsoft Word

    Document

    Microsoft Word

    Document

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    7. Signing the Charter

    It is a sort of an agreement describing:

    1. Purpose

    2. Mission

    3. Team Membership

    4. Members Roles & Responsibilities

    5. Attitude

    6. Voting Rights & Procedures

    7. Role of Observers

    8. Frequency & Time & Venue of meetings

    9. Clerking of meetings

    10. Appointment of Chair & Vice- Chair

    11. Replacement & dismissal

    12. New Joining Organizations

    13. Best Values

    14. Agreement

    M

    crs

    ft

    r

    c

    t

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    8. Agree the counterparts

    One overall focal point representative from eachorganization

    One focal point representative from each department

    Involvement of middle to senior managers

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    9. Communicate MM and update

    MM should be developed and communicated after each

    meeting.

    Representative from each department to ensure action plan is

    completed.

    Report Completion and/or delays

    Overall representative from each organization to update thecorp. about the meeting and activities.

    Microsoft Word

    Document

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    10. Consolidate the reports

    Create a Shared Folder

    Categorize the folder:

    Agendas

    Minutes M

    Charter (& version)

    Announcements

    Direction from Top Management

    Shared Data

    Outcome and benchmarking results

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    DIC Sales vs. DAFZA Sales

    Process1. Inquiries

    2. Identify the Client

    3. Sales Pack

    4. Application + Business Plan5. Screening Process

    6. Approval / Rejection

    7. Final Confirmation

    Type of companies Sales Structure

    Pricing & Capital

    Value added services

    External benchmarking Exercise

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    Process Inquiries:

    Flow of inquires:

    URL

    Walk-ins

    Call Center

    Opportunities

    Exhibitions

    Proactive approach (Mainly Large companies).

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    Process- Identify the client

    Segments

    Activities

    Value to DIC Community

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    Process Sales Pack:

    Standardized letters

    Legal Documents Check Lists

    Applications & DIC BP template

    Cost Sheet

    Process of Setting Up @ DIC

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    Process - Initial Submission

    Application for License

    Business Plan

    Financial Plan

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    Process Screening:

    Enter Application & Business Plan into CRM

    RSM & Directors evaluation

    Approval / Rejection on Points basis

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    Process - Provisional Approval / Rejection

    Approval / Rejection letter sent

    Legal documents to be submitted

    Legal documents forwarded to R&LD for

    verification

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    Process - Final Confirmation:

    RSM assigns office space to Business Partner

    Business partner accepts office space by signingCustomer Confirmation Letter (CCL)

    Payments made by Business Partner

    CCL is forwarded to R & LD for preparing Lease &License.

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    Type of Companies

    Branch

    New FZ-LLC owned by Corporate entity

    New FZ-LLC owned by Individual(s)

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    Sales Structure

    Director of Sales

    Regional Sales Managers

    First Steps Manager

    Sales Coordinator

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    Org. Chart of DIC Sales

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    Pricing & Capital

    120 AED /sq.ft / annum inclusive of Utilities & Service

    Charges

    15,000 AED Trade License/ Annum

    3,500 AED Registration/ One Time

    AED 2500/Visa as a PSA Deposit

    50,000 AED minimum capital only for FZ-LLC (BP

    evaluation).

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    Value added services

    IP Telephony

    Structured Cabling

    High Bandwidth Connection (minimum 2mbps)

    24-hour Government Services

    Hospitality Team

    Partner Relations Management

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    DIC vs.Procurement

    Practice Benchmarking in deploying ISO 9001:2000

    standard

    To help staff from both departments learn more their

    Quality Operating Procedures (QOPs)

    Shared Areas included:

    Management Reviews Process

    Corrective and Preventive Action process Setting Departmental Objectives

    Internal benchmarking Exercise

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    The benefits we got:

    Overcame barriers between organizations and improvesnetworking

    Increased awareness of what we are doing and how well we aredoing it

    Fostered process understanding for more effective management

    Removed blinkers and learn to see outside the box

    Assisted our organization in making quantum leaps

    Created a good objective evidence forExcellence

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    In the race towards excellence, there is no

    finish lineHHSheikh Mohamed Bin Rashid Al Maktoum; Ruler of Dubai, Prime Minister and Vice

    President of the UAE