What Are Performance Benchmarks?
What Are Performance Benchmarks? Performance benchmarking involves gathering and comparing quantitative data (i.e., measures or key performance indicators). Performance benchmarking is usually the first step organizations take to identify performance gaps. What are the four types of benchmarking? Generic Benchmarking. … Functional Benchmarking. … Internal Benchmarking. … Competitive Benchmarking. … Process Benchmarking. … Strategic Benchmarking.