Benchmarking: Knowledge is Power

Wondering if the competition is outperforming you?  Looking for some best practices?  Want to set realistic goals and targets for your team? These are all good reasons to consider benchmarking your company’s performance against others in your industry. Benchmarking compares your performance against other similar companies. Any metric is ripe for benchmarking – financial, quality standards, service levels, time to market, you name it.