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If anyone should ask us to take the bus to work instead of our car, we would, most probably, refuse them. The first question to pop into our mind would be: “Where would I buy a ticket from?” What if the solution would be as easy as reaching into our pockets and grabbing our phone? Would we reconsider our options, then?
Competitive studies are conducted in the automotive industry mainly for design features and functionality. Automotive manufacturers always seek to fulfill customer needs and exceed their expectations through product offers that would overtake the ones already available in the market.
Crafting a visualization is more than simply translating a table of information into a visual display. Data visualization ought to communicate information in the most effective way, with the prime purpose of truly revealing data in a quick, accurate, powerful and long-lasting manner. Representative visuals can easily summarize and communicate data to other people, making even the largest or most complicated sets of data understandable.
Nowadays, many benchmarking best practice examples come from the highly competitive and innovative airline industry. According to Jackie Fry, Ian Humphreys and Graham Francis (2005), benchmarking is considered to be the most commonly used performance tool for increasing performance both for airline companies and airports worldwide.
Communication can lead to employee performance when is successful or it can put distance between performance and employees. Bidirectional horizontal and vertical communication is the display of a transparent work, when conducted effectively. Ineffective communication creates a vicious circle that requires serious efforts in order to be fixed.
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