Benchmarking: Difference between revisions
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imported>Doug Williamson (Expand definition.) |
imported>Doug Williamson (Add example.) |
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Benchmarking is often applied to key performance indicators, to learn from past performance, and improve future performance. | Benchmarking is often applied to key performance indicators, to learn from past performance, and improve future performance. | ||
One technique is to compare performance against the top quartile performance of peers, and investigate differences and opportunities for improvement. | |||
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* [[Key performance indicator]] | * [[Key performance indicator]] | ||
* [[Treasury performance management – waste of time or a necessity?]] | * [[Treasury performance management – waste of time or a necessity?]] | ||
* [[Upper quartile]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 09:42, 25 May 2020
The practice of comparing the performance of a business or investment operation, typically against a best practice standard in a given field, industry, or investment asset class.
Benchmarking is often applied to key performance indicators, to learn from past performance, and improve future performance.
One technique is to compare performance against the top quartile performance of peers, and investigate differences and opportunities for improvement.
