Benchmarking: Difference between revisions
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Benchmarking (also "best practice benchmarks" or "process benchmarking") is a process used in management and particularly strategic management, in which stakeholders evaluate various aspects of their processes in relation to best practice, usually within their own sector. | Benchmarking (also "best practice benchmarks" or "process benchmarking") is a process used in management and particularly strategic management, in which stakeholders evaluate various aspects of their processes in relation to best practice, usually within their own sector. | ||
Latest revision as of 12:42, 15 September 2026
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Benchmarking (also "best practice benchmarks" or "process benchmarking") is a process used in management and particularly strategic management, in which stakeholders evaluate various aspects of their processes in relation to best practice, usually within their own sector. (Originate: G1052)
Please note that this is the term as it stands in the original IALA Dictionary edition (1970-1989)
