Benchmarking Essay Topics

Criticism of Benchmarking

Despite all of the positive recommendations for benchmarking cited, there are critics of the benchmarking proces. Wolverton (1994) states that benchmarking, as a cornerstone of CQI, is based only on current information, and may not give us the freedom and flexibility to see the future. In addition, Wolverton adds that this focus may relegate us… View Article

BENCHMARKING, ELEMENTS OF BENCHMARKING

Abstract Benchmarking is a process by which you can find answers to questions regarding the performance of your business, such as how your business is doing compared to other businesses. Benchmarking is a systematic and ongoing process of identifying and understanding the best practices and processes of other businesses and organizations, in order to adapt… View Article