Benchmarking

From ACT Wiki
Revision as of 16:31, 24 February 2021 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

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