It is no longer uncommon to find home builders and owners replacing older wood doors with newer fiberglass doors, and with good reason. Wood, which had been the default surface material for doors, is given to rotting, warping and splitting. This may not be hard to miss around the house but you need only take a long hard look at your exterior doors. They have suffered the most through erratic outdoor conditions and extreme wear. Fiberglass, the alternative to wood, endures those conditions and is cost-efficient because it wears better and lasts longer. Benchmark fiberglass entry doors are among popular choices of exterior doors, especially since they are carried exclusively by Lowe's stores and made by a fiberglass door pioneer, Therma-Tru. Is a Benchmark door right for your house in terms of purpose and aesthetic? Will it perform on a level that you expect from door products? Can it endure the way of life in your household?
1. Mind the details. Benchmark fiberglass entry doors come with features focused on energy efficiency, longevity and home security. Their "leak protection pad" is situated in a known target area of air and moisture infiltration, where it acts like a sort of corner pocket preventing air and moisture from creeping through. Their heavy-duty door bottom sweep constitutes double bulbs and dual fins that block air and water even further. Fiberglass itself is closely identified with energy saving because it insulates three to five times better than wood and allows natural sunlight into homes. The sill cap is made from composite material, which means it is resistant to rotting unlike wood, and its adjustable parts are made from corrosion-resistant steel. The optional jamb, primed and ready to be painted on, adds resistance to rotting and insect damage. The optional three-point locking system is also made from corrosion-resistant stainless steel. Needless to say, this feature increases security and peace of mind.
2. You get what you pay for. The most apparent quality of Benchmark doors is the always irresistible combination of attractiveness and affordability. Their contemporary designs are a departure from old wooden doors, an exciting prospect for homeowners who see beyond the familiar rustic house and can appreciate metal or iron décor. Their glass styles are intended to complement chic house features like an interior sliding door or a wall-wide mirror. Certainly, their friendly prices rival that of traditional hardwood doors like mahogany and oak, which usually exhibit elegant handcrafting rather than sleek lines. While price tends to be the most influencing factor when shopping, it would be prudent to consider wear and tear. Since exterior doors are highly exposed, you may want to spend more and get top-of-the-line products, especially if your location is subject to harsh climate conditions. Good-looking mid-priced products would be a smart choice for interior doors.
3. Go to a professional. Benchmark by Therma-Tru is a brand of Therma-Tru Doors, which developed the first fiberglass entry door over 25 years ago. The company's specialization are doors made from fiberglass, especially, pre-hung entry doors, and not necessarily steel, composite material or wood. Whether or not its expertise in other aspects of door production is comparable to that of a long-established manufacturer like Masonite, Feather River or Milgard should be taken into account. Benchmark fiberglass entry doors are pre-hung, which gives you the option to do the installation yourself or have it done by professionals. Do-it-yourself installation is almost always a problematic task. Benchmark doors can be installed by Lowe's, the brand's exclusive distributors. However, if your house lends itself to difficulties in design, architecture, age or location, it would be wisest to seek your own professional installation service.
Free Advice on Buying Benchmark Fiberglass Entry Doors
by , under About Benchmark Lendings, Benchmark Lending, Benchmarking, Buying Benchmark Fiberglass, Free Advice, Loan Benchmark Lending, Popular Benchmark Lending
Forget Benchmarking
by , under About Benchmark Lendings, Benchmark Lending, Benchmarking, Loan Benchmark Lending, Popular Benchmark Lending
Forget benchmarking. At best, let yourself be benchmarked. If you have benchmarking as a key strategic driver, with the best case scenario you will excel at the art of catching up. You will not invent the new breakthrough product, create a new market or be unique at what you do. OK, you may want to see your company at the top of the league table. If this is what you want, fine.
Benchmarking is a form of comparison with so-called best practices. Typically a company does the research for you, following pre-defined parameters and measures, so you are eventually able to compare yourself with your competitors. It could be a productivity comparison, a quality comparison or any other performance comparison with others. Assuming that the research is done thoroughly and that people are not trying to compare apples with pears, you can obtain any statistic you want and you will find yourself somewhere in the spectrum from bad to good. League tables in schools and hospitals in the UK and other countries are a form of benchmarking. In the pharmaceutical industry there is plenty of data available in measures such as R&D productivity, time to market, or, say, speed of the clinical trial programme.
The problem with benchmarking is that sometimes people make extraordinary efforts comparing themselves with others on a reality that is gone: the past. It is impossible to benchmark yourself against things that have not happened yet. The future is not benchmarkable. Benchmarking is catching up. It is rear-mirror management, not future development.
Benchmarking also has the potential to block creativity since the efforts are focused on what is happening as opposed to what may happen in future. Benchmarking is loved by managers of the inevitable, people whose main priority in business is to manage things that otherwise would happen anyway. Managers should be paid to drive things that would not happen unless they were there. Organisations that put too much emphasis on benchmarking may miss the innovation train. Since benchmarking needs today's data (or, to be more precise, yesterday's) it may produce tunnel vision, in other words, the least visionary of visions.
I wonder whether Bill Gates, founder of Microsoft, was benchmarking when in 1985 he stated that 640K of computer memory ought to be enough for anybody. Obviously, it was not benchmarking that saved him from this 'vision'. Kenneth Olsen, founder of the computer company Digital Equipment Corporation, was also benchmarking when in 1977 he said that there was no reason why anyone would want a computer in their home. Undoubtedly the benchmarking consultants of the day could not find any computers in homes so the hypothetical benchmarking study would have confirmed the reality of Olsen's views. In 1876, Sir William Preece, chief engineer of the British General Post Office, had done his own benchmarking (although he did not know the term) and argued that "the Americans had need for the telephone but we do not; we have plenty of messenger boys". Probably the imaginary benchmarking research of the day would have produced a league table of 'fast to slow messengers'. Decca, the record company, must have also been benchmarking the musical market when they rejected the Beatles on the grounds that 'guitar music is on the way out'. I don't know, but I bet they even had 'hard statistical data'.
Business history is full of examples of where true innovation defies the expectations of today and the realities of the past. I can't imagine a benchmarking consultant doing research for Sony and finding that: (a) people wanted to have little battery powered boxes hanging from their belts with thin wires hooked into their ears to play tapes in the street when going to the office, or (b) they actually found examples of that strange behaviour in the market and reported the facts to Sony. The Walkman was not invented on the back of benchmarking (or market research for that matter).
Incrementalism and innovation
Benchmarking usually leads to an incrementalist mentality. If one is behind on something, surely by putting some measures into practice one can advance one, three, five points. Benchmarking is a race against somebody who has already won. Nicolas Negroponte, of the MIT's Media Lab, is quoted as saying that "incrementalism is innovation's worse enemy". I agree.
Is benchmarking such a waste? No. Like many things in life it depends on how seriously you take it. If benchmarking data is used to generate ideas, to give wake-up calls when things are not great, or simply to understand what's going on in your world, then you should welcome it. But to turn benchmarking into some sort of religion or, as in many organisations, the driver of strategy is a waste of time. If you find a company or potential employer singing the benchmarking song as the main theme, I suggest you downgrade your expectations.
Entire change management programmes are based on some form of benchmarking, even when the term is not used. You can see those drivers; industry standards, averages of competitors' performances, constant reference to 'industry best practices', etc. These approaches are unlikely to produce radical change. By that I mean sustainable change that is not incremental and that leads the organisation to a higher level of possibilities. Some change programmes are based on a simple extrapolation of the past and present, containing a horizon that is a sort of 'better picture' of today.
To be fair to benchmarking addicts, many books, publications and congresses that have benchmarking in the title are using the term in its broadest sense: a panorama of what is available today. In the best cases they are a journalistic account of management practices that organisations have put in place and the benefits they have achieved under such and such programme. Strictly speaking this is not benchmarking, but a non-judgemental review of practices. The word 'best' associated with the title 'best practices' does not guarantee that what you see is the best - I have never read an account of 'worst practices'.
The fact that many entrepreneurial ventures are led by people who know little about that industry tells you that they are unlikely to rely on benchmarking data or industry standards to produce something different. This, of course, is not always the case. But certainly the most successful and lasting entrepreneurial enterprises produce something different or unique rather than simply 'better' - something that was almost certainly unpredictable.
In 1976, Muhammad Yunus, a professor of economics, had the wild idea of creating a bank that lends relatively small amounts to the poor and to the sector of the population in his part of the world with less access to money: women. The Grammen Bank was born. Today it has more than two million borrowers and has lent over US$1 billion. It has not only become a very successful enterprise but has minimum levels of defaults, and has expanded to offer other services, for example, mobile communications. The 'Grammen model' has led to successful enterprises outside banking, yet it still has intrinsic merit as a socially responsible initiative. I am pretty sure that Yunus did not rely on benchmarking data, or banking 'best practices', to set up the enterprise. What he did was diametrically opposite to 'best banking practice'. In reality, he put into practice what is arguably the 'worst possible banking practice'.
The history of mankind, the history of business and the history of ideas are all full of predictions that were wrong and that, had they been followed up, would have blocked innovation. They have in common the focus on the present or the past, a rear-mirror strategy or benchmarking-like motivation. Lord Kelvin, former president of The Royal Society (UK), predicted in 1895 that heavier-than-air flying machines were impossible. Some years later, in 1923, Robert Millikan, a Nobel Prize winner in physics, predicted that "there is no likelihood that man can ever tap the power of the atom". Twenty years later the founder of IBM, Thomas Watson, stated that there was a world market for about five computers. Perhaps the most striking statement in the history of complacency (and arrogance) comes from the often quoted Charles H Duell, Commissioner of the USA Office of Patents, who in 1899 recommended the abolition of the office on the grounds that "everything that can be invented has been invented".
What has always interested me is that you rarely find idiots among that pool of people making statements that seem ridiculous today. IQ clearly doesn't correlate with business predictions!
Benchmarking should in the best cases be a starting point, not an aim in itself: a platform for conversation and to move forward; data to reflect upon and forget quickly. Innovation comes from exploring the unthinkable, from stretching the world of possibilities, from a healthy "forget benchmarking, what if we did this?" Out-of-the-box thinking is needed more than benchmarking data. The problem with out-of-the-box thinking is that it is often in short supply in semi-bureaucratic and super-structured environments. I am afraid we have hit the 'culture thing' here - a topic for another day.
I sometimes use a vignette of a group of managers who are discussing out-of-the-box thinking to illustrate the difficulties. One of them is addressing the others and saying: "We are encountering a few difficulties in my department with this thinking out-of-the-box. We have had a series of meetings discussing the size of the box, the need for a box, the market availability of boxes and our own benchmarking data on boxes. We haven't agreed on much so far, but we are progressing towards the next stage where we will address the issues of what materials the box should be constructed from, a budget for the box and our first choice of box vendors."
Benchmarking is a form of comparison with so-called best practices. Typically a company does the research for you, following pre-defined parameters and measures, so you are eventually able to compare yourself with your competitors. It could be a productivity comparison, a quality comparison or any other performance comparison with others. Assuming that the research is done thoroughly and that people are not trying to compare apples with pears, you can obtain any statistic you want and you will find yourself somewhere in the spectrum from bad to good. League tables in schools and hospitals in the UK and other countries are a form of benchmarking. In the pharmaceutical industry there is plenty of data available in measures such as R&D productivity, time to market, or, say, speed of the clinical trial programme.
The problem with benchmarking is that sometimes people make extraordinary efforts comparing themselves with others on a reality that is gone: the past. It is impossible to benchmark yourself against things that have not happened yet. The future is not benchmarkable. Benchmarking is catching up. It is rear-mirror management, not future development.
Benchmarking also has the potential to block creativity since the efforts are focused on what is happening as opposed to what may happen in future. Benchmarking is loved by managers of the inevitable, people whose main priority in business is to manage things that otherwise would happen anyway. Managers should be paid to drive things that would not happen unless they were there. Organisations that put too much emphasis on benchmarking may miss the innovation train. Since benchmarking needs today's data (or, to be more precise, yesterday's) it may produce tunnel vision, in other words, the least visionary of visions.
I wonder whether Bill Gates, founder of Microsoft, was benchmarking when in 1985 he stated that 640K of computer memory ought to be enough for anybody. Obviously, it was not benchmarking that saved him from this 'vision'. Kenneth Olsen, founder of the computer company Digital Equipment Corporation, was also benchmarking when in 1977 he said that there was no reason why anyone would want a computer in their home. Undoubtedly the benchmarking consultants of the day could not find any computers in homes so the hypothetical benchmarking study would have confirmed the reality of Olsen's views. In 1876, Sir William Preece, chief engineer of the British General Post Office, had done his own benchmarking (although he did not know the term) and argued that "the Americans had need for the telephone but we do not; we have plenty of messenger boys". Probably the imaginary benchmarking research of the day would have produced a league table of 'fast to slow messengers'. Decca, the record company, must have also been benchmarking the musical market when they rejected the Beatles on the grounds that 'guitar music is on the way out'. I don't know, but I bet they even had 'hard statistical data'.
Business history is full of examples of where true innovation defies the expectations of today and the realities of the past. I can't imagine a benchmarking consultant doing research for Sony and finding that: (a) people wanted to have little battery powered boxes hanging from their belts with thin wires hooked into their ears to play tapes in the street when going to the office, or (b) they actually found examples of that strange behaviour in the market and reported the facts to Sony. The Walkman was not invented on the back of benchmarking (or market research for that matter).
Incrementalism and innovation
Benchmarking usually leads to an incrementalist mentality. If one is behind on something, surely by putting some measures into practice one can advance one, three, five points. Benchmarking is a race against somebody who has already won. Nicolas Negroponte, of the MIT's Media Lab, is quoted as saying that "incrementalism is innovation's worse enemy". I agree.
Is benchmarking such a waste? No. Like many things in life it depends on how seriously you take it. If benchmarking data is used to generate ideas, to give wake-up calls when things are not great, or simply to understand what's going on in your world, then you should welcome it. But to turn benchmarking into some sort of religion or, as in many organisations, the driver of strategy is a waste of time. If you find a company or potential employer singing the benchmarking song as the main theme, I suggest you downgrade your expectations.
Entire change management programmes are based on some form of benchmarking, even when the term is not used. You can see those drivers; industry standards, averages of competitors' performances, constant reference to 'industry best practices', etc. These approaches are unlikely to produce radical change. By that I mean sustainable change that is not incremental and that leads the organisation to a higher level of possibilities. Some change programmes are based on a simple extrapolation of the past and present, containing a horizon that is a sort of 'better picture' of today.
To be fair to benchmarking addicts, many books, publications and congresses that have benchmarking in the title are using the term in its broadest sense: a panorama of what is available today. In the best cases they are a journalistic account of management practices that organisations have put in place and the benefits they have achieved under such and such programme. Strictly speaking this is not benchmarking, but a non-judgemental review of practices. The word 'best' associated with the title 'best practices' does not guarantee that what you see is the best - I have never read an account of 'worst practices'.
The fact that many entrepreneurial ventures are led by people who know little about that industry tells you that they are unlikely to rely on benchmarking data or industry standards to produce something different. This, of course, is not always the case. But certainly the most successful and lasting entrepreneurial enterprises produce something different or unique rather than simply 'better' - something that was almost certainly unpredictable.
In 1976, Muhammad Yunus, a professor of economics, had the wild idea of creating a bank that lends relatively small amounts to the poor and to the sector of the population in his part of the world with less access to money: women. The Grammen Bank was born. Today it has more than two million borrowers and has lent over US$1 billion. It has not only become a very successful enterprise but has minimum levels of defaults, and has expanded to offer other services, for example, mobile communications. The 'Grammen model' has led to successful enterprises outside banking, yet it still has intrinsic merit as a socially responsible initiative. I am pretty sure that Yunus did not rely on benchmarking data, or banking 'best practices', to set up the enterprise. What he did was diametrically opposite to 'best banking practice'. In reality, he put into practice what is arguably the 'worst possible banking practice'.
The history of mankind, the history of business and the history of ideas are all full of predictions that were wrong and that, had they been followed up, would have blocked innovation. They have in common the focus on the present or the past, a rear-mirror strategy or benchmarking-like motivation. Lord Kelvin, former president of The Royal Society (UK), predicted in 1895 that heavier-than-air flying machines were impossible. Some years later, in 1923, Robert Millikan, a Nobel Prize winner in physics, predicted that "there is no likelihood that man can ever tap the power of the atom". Twenty years later the founder of IBM, Thomas Watson, stated that there was a world market for about five computers. Perhaps the most striking statement in the history of complacency (and arrogance) comes from the often quoted Charles H Duell, Commissioner of the USA Office of Patents, who in 1899 recommended the abolition of the office on the grounds that "everything that can be invented has been invented".
What has always interested me is that you rarely find idiots among that pool of people making statements that seem ridiculous today. IQ clearly doesn't correlate with business predictions!
Benchmarking should in the best cases be a starting point, not an aim in itself: a platform for conversation and to move forward; data to reflect upon and forget quickly. Innovation comes from exploring the unthinkable, from stretching the world of possibilities, from a healthy "forget benchmarking, what if we did this?" Out-of-the-box thinking is needed more than benchmarking data. The problem with out-of-the-box thinking is that it is often in short supply in semi-bureaucratic and super-structured environments. I am afraid we have hit the 'culture thing' here - a topic for another day.
I sometimes use a vignette of a group of managers who are discussing out-of-the-box thinking to illustrate the difficulties. One of them is addressing the others and saying: "We are encountering a few difficulties in my department with this thinking out-of-the-box. We have had a series of meetings discussing the size of the box, the need for a box, the market availability of boxes and our own benchmarking data on boxes. We haven't agreed on much so far, but we are progressing towards the next stage where we will address the issues of what materials the box should be constructed from, a budget for the box and our first choice of box vendors."
The Things You Have To Know About Benchmark Lendings
by , under About Benchmark Lendings, Benchmark Lending, Loan Benchmark Lending, Popular Benchmark Lending
The term 'Benchmark lending' sounds rather new and not very familiar,but when you check out a searchengine,you'll see that the keywords are 'interest rates' and 'banking'. High paying keywords,...not to forget!
In the US the benchmark rate is set by the Federal Reserve which is the interest rate the banks pay when they borrow money. As you might know,banks have a certain amount of money on reserve, but when they need more,they have to borrow money over a very short term (that can be very short,like one night!).
That explains why the term is so valuable.
Banks and mortgage companies seek out people who might need a loan. Banking makes it's money on loans, it's just a valuable business to be a part of when there are lots of customers.
Benchmark Lending Group
BLG is a direct mortgage lender, enabling you to quickly secure a new home mortgage or refinance your existing one. They offer a broad range of mortgages that ensures they can provide you with a solution that is specifically tailored to your needs.
They offer:
- 10, 15, 20 and 30 Year Fixed Rate Loans:
The monthly payments and rates for these traditional loans stay the same during the entire loan term. And If principal reduction payments are made, your term will be reduced.
- Fixed for 7 Years (30/7)
The 30/7 loan is great for people who want the security that a fixed-rate loan offers but who are also attracted to the lower interest rates of an adjustable rate loan. The 30/7 loan has a 30-year term and a low fixed rate for seven years. At the end of the fixed-rate term, you have the option to convert to a fixed rate for the remaining 23 years, based on interest rates at the time of conversion.
Choose this type of loan:
1. If you intend to keep your home for longer than 10 years
2. If long-term stability is more important than payment amount
3. If you do not anticipate using your home equity during the term of the loan.
In the US the benchmark rate is set by the Federal Reserve which is the interest rate the banks pay when they borrow money. As you might know,banks have a certain amount of money on reserve, but when they need more,they have to borrow money over a very short term (that can be very short,like one night!).
That explains why the term is so valuable.
Banks and mortgage companies seek out people who might need a loan. Banking makes it's money on loans, it's just a valuable business to be a part of when there are lots of customers.
Benchmark Lending Group
BLG is a direct mortgage lender, enabling you to quickly secure a new home mortgage or refinance your existing one. They offer a broad range of mortgages that ensures they can provide you with a solution that is specifically tailored to your needs.
They offer:
- 10, 15, 20 and 30 Year Fixed Rate Loans:
The monthly payments and rates for these traditional loans stay the same during the entire loan term. And If principal reduction payments are made, your term will be reduced.
- Fixed for 7 Years (30/7)
The 30/7 loan is great for people who want the security that a fixed-rate loan offers but who are also attracted to the lower interest rates of an adjustable rate loan. The 30/7 loan has a 30-year term and a low fixed rate for seven years. At the end of the fixed-rate term, you have the option to convert to a fixed rate for the remaining 23 years, based on interest rates at the time of conversion.
Choose this type of loan:
1. If you intend to keep your home for longer than 10 years
2. If long-term stability is more important than payment amount
3. If you do not anticipate using your home equity during the term of the loan.
Why a Freedom Loan From Benchmark Lending is the Most Popular
by , under Benchmark Lending, Loan Benchmark Lending, Popular Benchmark Lending
When you think of mortgages that enable thousands of people to acquire homes every year, you are thinking of the Benchmark Lending group which has provided much needed finances to get new homes or refinance the existing homes to many families for over ten years. They offer tailor made mortgages to suit the needs of customers ensuring that you can afford it. They make this happen by considering the cash flow of every customer. They also consider the repayment period, investment opportunities and your equity plans. The Benchmark lending group was founded by Barney Aldridge in 1995 as a primary mortgage lending bank and it continues to grow. Customers can expect no hassles and there are no middlemen. The headquarters are located in Northern California and their culture is to provide a good service with dedication and passion.
When you need to apply for a loan, the company assures you that the process is easy and, you do not have to worry about complications. You will have a loan officer guide you through the whole process briefing you on all vital issues on credit until you have a satisfactory end. At Benchmark lending group, the management consists of people who have mastered the industry and proved that they can deliver what it takes to progress the business. It consists of the President who is the Chief Executive officer. His name is Jason Ehrlicher and he began as a loan officer in the company and years have seen him become capable and able to lead owing to his rich experience and dedication to the company since it began.
The others in the management team include the Director of Human Resources, Vice President of Sales and the Sales Manager. The first kind of loan they offer is the Fixed Rate Loan where the rate does not change and one can get a loan to repay in 10, 15, 20 and 30 years. People who go for such a loan must be planning to keep their house for more than 10 years and, for those who do not plan to use their home equity for the period of the loan. The other kind of mortgage the Benchmark Lending group offer is the adjustable rate mortgage. This loan is for people who plan to keep their house for up to 10 years or less. The duration for this kind of mortgage is usually 3, 5, 7 and 10 years.
A freedom loan from Benchmark Lending is the most popular because it is an adjustable loan that enables you to choose from 4 different payment methods according to your convenience every month. The loan is tailor made for people who do not have a regular or stable cash flow and for people who want to make other investments. Another loan suitable for people with fluctuating incomes is the Better Half loan and, it will help people with unstable monthly income realize their dream of owning a home. There are very many other options to choose from and, you can even apply online on their site. There are other resources that you will find very helpful. Before you take any mortgage, it is good to consider your income and your flexibility and ability to repay given the many options of repayments. Get a good system that will help you realize your dream for a good home.
When you need to apply for a loan, the company assures you that the process is easy and, you do not have to worry about complications. You will have a loan officer guide you through the whole process briefing you on all vital issues on credit until you have a satisfactory end. At Benchmark lending group, the management consists of people who have mastered the industry and proved that they can deliver what it takes to progress the business. It consists of the President who is the Chief Executive officer. His name is Jason Ehrlicher and he began as a loan officer in the company and years have seen him become capable and able to lead owing to his rich experience and dedication to the company since it began.
The others in the management team include the Director of Human Resources, Vice President of Sales and the Sales Manager. The first kind of loan they offer is the Fixed Rate Loan where the rate does not change and one can get a loan to repay in 10, 15, 20 and 30 years. People who go for such a loan must be planning to keep their house for more than 10 years and, for those who do not plan to use their home equity for the period of the loan. The other kind of mortgage the Benchmark Lending group offer is the adjustable rate mortgage. This loan is for people who plan to keep their house for up to 10 years or less. The duration for this kind of mortgage is usually 3, 5, 7 and 10 years.
A freedom loan from Benchmark Lending is the most popular because it is an adjustable loan that enables you to choose from 4 different payment methods according to your convenience every month. The loan is tailor made for people who do not have a regular or stable cash flow and for people who want to make other investments. Another loan suitable for people with fluctuating incomes is the Better Half loan and, it will help people with unstable monthly income realize their dream of owning a home. There are very many other options to choose from and, you can even apply online on their site. There are other resources that you will find very helpful. Before you take any mortgage, it is good to consider your income and your flexibility and ability to repay given the many options of repayments. Get a good system that will help you realize your dream for a good home.
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