A Discussion on Benchmarking Perspectives & AQN’s Annual Meeting

Presented by AQN Chair, Randy Simons

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AQN’s Annual Meeting will be held on February 17, 2022 via Zoom. Immediately following the Annual Meeting, AQN Chair Randy Simons will present the monthly learning seminar on benchmarking.

Mr. Simons will introduce you to the basics of benchmarking including the basic process steps, selection of peer groups, and the four typical perspectives of comparison.  To reinforce learnings, he will walk through a real-life example of how to apply these benchmarking techniques and discuss the results of each analysis.

Benchmarking is the strategic management process of comparing one’s organization’s processes and performance metrics to industry bests or best practices from other industries.  Results of these comparisons allow organizations to develop plans on how to make improvements or adapt specific best practices with the aim of increasing some aspect of performance.

Biography

Mr. Randy Simons is retired from Public Service New Mexico where he was the Director of Generation Services responsible for Fuels, Water, Regulatory Matters, and Technical Training.

Prior to working for PNM, Mr. Simons worked as a manager for Honeywell and Motorola in various Engineering and Operations roles.  He is a Lean Expert and a Six Sigma Black Belt.

Mr. Simons received his EMBA from UNM and holds a MS and BS in Mechanical Engineering from the University of Southern California and Wisconsin – Platteville, respectively.

Mr. Simons is married and enjoys his dog Sully, mountain biking, hiking, camping and travel.