Benchmarking: Difference between revisions
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The practice of comparing performance of a business or investment operation, typically against a best practice standard in a given field, industry, or investment asset class. | 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. | |||
== See also == | == See also == | ||
* [[Benchmark]] | * [[Benchmark]] | ||
* [[Climate benchmark]] | |||
* [[Environmental profit and loss]] | |||
* [[Key performance indicator]] | |||
* [[Treasury performance management – waste of time or a necessity?]] | |||
* [[Upper quartile]] | |||
* [[World Benchmarking Alliance]] (WBA) | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Latest revision as of 18:27, 16 December 2021
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.
