Benchmarking
Benchmarking is about learning from others to help identify development or performance improvement priorities. By means of comparing policies, processes or other elements, it is an aid to improved understanding about performance, so you can ask better questions and create more focused developmental goal.
Organisations are increasingly keen to learn how others do things, particularly how the best in their sector is doing. Better still, some organisations are ignoring sector boundaries and seeking to compare their performance, costs and processes with the best in class, wherever it’s to be found.