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Benchmarking is the comparison of your processes, metrics or targets to others in the same industry. In many cases, a comparison is made to the best results in an industry as represented by a top competitor or known best practices. |
Type | | Definition | The comparison of results with a competitor or industry best practice. | Value | | Related Concepts | |
Management
This is the complete list of articles we have written about management.
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A list of management accounting examples.
A management approach that examines the constraints that are holding an organization back.
A definition of target costing with examples.
A definition of continuous improvement with examples.
An overview of takt time with calculation formula and example.
The difference between lead time and cycle time explained with an example.
How to calculate productivity with 3 examples.
A definition of complexity cost with examples.
The definition of run rate with calculation examples.
The definition of managerial economics with examples.
A guide to management techniques.
A list of techniques for developing and implementing a strategy.
The basics of productivity.
A guide to project management.
The common types of internal benchmarking.
A definition of internal customer with examples.
A definition of business optimization with examples.
The common types of team objective.
A definition of internal stakeholder with examples.
An overview of the different types of management planning.
A definition of management with examples.
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