Barriers to Better Benchmarking

Published On:
November 23, 2022
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Benchmarking plays an important role in organizational decision making and transformation. Its foundational elements revolve around establishing measures, developing a business case, and pinpointing improvement opportunities. According to a survey on benchmarking, 63 percent of leaders say that benchmarking is a very important strategic management tool.

This article looks at the findings from the survey around the challenges, improvement opportunities, and potential solutions for improving the value of benchmarking.