Business and Financial Analysis

Wu 2.5.4 Benchmarking Benchmarking is a performance measurement tool used in conjunction with improvement initiatives. It measures comparative operating performance of organisations and identifies the outflank practices (Czarnecki, 1999). The parameters typically measured are revenue, profit, cost, service quality, etc. historic benchmarking, industrial/sector benchmarking, best-in-class benchmarking are three types of benchmarking that differ on the target for comparison (Johnson, Scholes and Whittington, 2008). Industrial benchmarking is used for this RAP in charpter3. By employing the benchmarking an organisation successfully evaluates its strategic capability against opposite organisations. Benchmarking can thus be regarded as a operate that stimulates the improvement and change. 3.4 Benchmarking Benchmarking is used as a way of sympathy how CapitaLands strategic capability compares with City Developments Limited (CDL). The abstract provides the pros and cons of CapitaLand against CDL. As one of Singapores property pioneers since 1963, CDL is a listed international property and hotel conglomerate in the fields of solid estate, hotel facilities management and hospitality. CDL has more than 300 subsidiaries and associated companies under its wings.

It also constitutes 5 companies listed on stock exchanges in New Zealand, Hong Kong, London and Philippines. The free radical currently owns and manages a strong portfolio of residential, hotel and investment properties across Asia?Europe, northwest America and Oceania (City Developments Limited, 2011). Table 17 Financial Ratios Comparison amid CapitaLand and CDL Source: CapitaLand, 2010b and City Developments Limited, 2010b Financial Year Ended thirty-first December 2010| CapitaLand| CDL| Revenue increased / (decrease)| 14.38%| (4.4%)| Gross profit moulding (GPM)| 37.73%| 52.9%| Net Profit Margin (NPM)| 49.37%| 26.54%| Return on chief city Employed (ROCE)| 8.59%| 9.10%| Current... If you want to get a full essay, crop it on our website: Orderessay

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