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Glite Dictionary
🏢 Comparing companies 💻 Testing performance 📊 To compare quality
benchmarking

benchmarking

3 3.9
A process that compares a company's performance with leading companies to find ways to improve
  • noun
  • /ˈbɛnʧˌmɑrkɪŋ/
  • Specialized
translation icon : evaluación comparativa
  • So what are the key takeaways from these two benchmarking reports from the Commonwealth Fund?
  • benchmarking exercise
  • benchmarking process
  • use of benchmarking

I think linking that to your last point about benchmarking, I wonder if you can share with us the decisions that have been taken about use.

Examples

  • MENC members are invited to participate in the MENC benchmarking project.

    Academic text (2000)

  • The concept of benchmarking is well developed in certain technical and engineering fields.

    Academic text (1997)

  • Programs like the North Carolina Benchmarking program focus on developing uniform cost accounting to compare programs.

    Academic text (2017)

  • To support this, we are sponsoring or conducting benchmarking, holding focus groups, and doing other forms of research.

    Academic text (1996)

  • To that extent, benchmarking appears to be consistent with the objectives of Canada's industrial policy.

    Academic text (1993)

  • KM can be helpful for benchmarking progress, continuous quality improvement, and measuring performance as milestones in higher education.

    Academic text (2000)

  • The availability of standardized eMeasures is a prerequisite to automated quality reporting and benchmarking.

    Academic text (2013)

  • Many companies engage in benchmarking to improve their processes and performance.

  • The benchmarking of our products against industry standards revealed several areas for improvement.

  • Effective benchmarking can provide valuable insights into how to enhance customer satisfaction.

How Thorough

audit
  • Formal
45 4.9
benchmarking
  • Specialized
3 3.9
measurement
183 1.9
to review
  • Literature
252 2.9
comparison
382 1.8

Surface Forms

benchmarking singular
benchmarkings plural

Morphology

benchmarking = benchmark (transparent) = benchmark + ing

Formed by adding the productive gerund/participle suffix '-ing' to the verb 'benchmark', yielding the process or action.

Etymology

Benchmarking comes from the word benchmark, which was a fixed bench or mark cut into stone to show a measuring 'level' used by people who measured land. So benchmarking now means comparing a company's actions to that kind of clear 'standard' to see how it can improve.