benchmarking

listen to the pronunciation of benchmarking
Türkçe - Türkçe

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benchmark
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İngilizce - İngilizce
Looking for best practice in the same or other industries so that rigorous standards can be set across all company practices and processes. It is one of the ways that competitive advantage can be sustained
An improvement process in which a company measures its performance against that of best in class companies, determines how those companies achieved their performance levels and uses the information to improve its own performance The subjects that can be benchmarked include strategies, operations, processes and procedures
establishment of quantitative standards with which to compare performance
the task of trying to identify the best practice in any part of the production process within an organisation and then adopting this as standard practice within your own company
The comparison of performance between different organisations or different units within an organisation undertaking similar work, predominantly in areas where a service or quantifiable output is delivered, in essence to learn lessons from good practice The best results are obtained where the outputs are similar but the culture and process by which they are produced are different Benchmarking of costs is perhaps the most effective starting point Benchmarking, therefore, encompasses a wide range of performance measurement and evaluation techniques
The process of measuring products, services, and practices against the toughest competitors or those known as leaders in their field The subjects that can be benchmarked include strategies, operations, processes, and procedures The objective of benchmarking is to identify and learn "best practices" and then to use those procedures to improve performance A method to improve organizational process by the use of best practice in an industry Another term for a best practices study
a structured approach for identifying the best practices from industry and government, and comparing and adapting them to the organization's operations Such an approach is aimed at identifying more efficient and effective processes for achieving intended results, and suggesting ambitious goals for program output, product/service quality, and process improvement
A comparison of an organization's performance or of its processes with that of other organizations that represent a "best practice "
(A) a structured approach for identifying the best practices from industry and government, and comparing and adapting them to the organization's operations Such an approach is aimed at identifying more efficient and effective processes for achieving intended results, and suggesting ambitious goals for program output, product/service quality, and process improvement (B) performance comparison of organizational business processes against an internal or external standard of recognized leaders Most often the comparison is made against a similar process in another organization considered "world class "
Benchmarking is the search for and implementation of better ideas It is a blend of quantitative and qualitative research methods well tested and suited to help people break into new models of effectiveness and efficiency by finding and studying new approaches, particularly new processes Benchmarking projects begin when there's clearly a need for change and improvement; they end when the learnings have been turned into improvements in the "customer effect" system
The process of rating an organization’s practices, processes, and products against the best and then emulating them It involves seeking out best-in-class performers inside or outside of the organization, studying them to determine why they are the best at what they do, and applying what is learned
The process of comparing performance against the practices of other leading companies for the purpose of improving performance Companies also benchmark internally by tracking and comparing current performance with past performance
the practice of identifying qualitative and quantitative metrics against which the success of an organization can be measured, often in comparison to competitors and industry standards Identifying best practices or lessons learned are common by-products of benchmarking View records related to this term
In business, benchmarking is a process in which a company compares its products and methods with those of the most successful companies in its field, in order to try to improve its own performance
The practice of establishing goals and targets for process performance levels and identifying required improvement areas based on the published or known performance of direct competitors or a relevant industry
The continuous process of measuring producers, services, and practices against strong competitors or recognized industry leaders It is an ongoing activity that is intended to improve performance and can be applied to all facets of operation Benchmarking requires a measurement mechanism so that the performance "gap" can be identified It focuses on comparing best practices among dissimilar enterprises
{i} standard according to which something can be measured or judged (such as product or business practices of a competitor)
Benchmarking is the continuous process of measuring product, services and practices against strong competitors or recognized leaders It is an on-going activity, intended to improve performance; it can be applied to all facets of operations’ it requires a measurement mechanism so that the performance "gap" can be identified; and it focuses on comparing best practices among enterprises that may or may not be alike
Using officially-declared standards or the performance of entities with a comparable mission, cus-tomer base, etc , as the yardstick for assessing another program's performance (See also Baselining )
A benchmark is a standard that provides a measuring-stick for relative performance Benchmarking is critical to formulating a knowledge-based plan of action to achieve objectives
Comparing the performance of products and processes with those of world leaders
A structured approach for identifying the best practices from industry and gov-ernment, and comparing and adapting them to the organization's operations Such an approach is aimed at identifying more efficient and effective processes for achieving intended results, and suggesting ambitious goals for program output, product or service quality and process improve-ment Successfully identifying and applying best practices can reduce business expenses and improve organizational effectiveness
An improvement process in which an organization compares its performance against "best-in-class" organizations, determines how those organizations achieved their performance levels, and uses the information to improve its own performance The subjects that can be benchmarked include strategies, programs/services, operations, processes, and procedures
A method of planning and implementing quality management programs that consists of identifying the best practices and best outcomes for a specific process and emulating the best practices to equal or surpass the best outcomes
the process of identifying, learning, and adapting outstanding practices and processes from any ny organization, anywhere in the world, to help an organization improve its performance Benchmarks are numbers, ratios, performance indicators that help answer the question, "What needs improvement?'
present participle of benchmark
The search to find and implement good practice through comparing the performance of an organisation with that of others
a method of comparing the performance of your business against an established standard covering a range of business activities
Benchmarking is an ongoing, systematic process to search for and introduce international best practice into your own organisation, conducted in such a way that all parts of your organisation understand and achieve their full potential The search may be of products, services, business practices and processes, of competitors or those organisations recognised as leaders, in the industry or specific processes that you have chosen Evans, Best Practice Program - Benchmarking Self-Help Manual, p 4
benchmark
A surveyor's mark made on some stationary object and shown on a map; used as a reference point
benchmark
To measure the performance of (an item) relative to another similar item in an impartial scientific manner
benchmark
A standard by which something is evaluated or measured
benchmark
a standard by which something can be measured or judged; "his painting sets the benchmark of quality"
benchmark
A permanent point whose known elevation is tied to a national network These points are created to serve as a point of reference Benchmarks have generally been established by the USGS, but may have been established by other Federal or local agencies Benchmarks can be found on USGS maps
benchmark
A standardized program (or suite of programs) that is run to measure the performance of one computer against the performance of other computers running the same program
benchmark
A benchmark is a standard for comparison In investment management, a benchmark is usually an index (see below) chosen because it is composed of stocks or bonds which have characteristics that are related and reflect a particular investment strategy or approach
benchmark
The performance of a predetermined set of securities, for comparison purposes Such sets may be based on published indexes or may be customized to suit an investment strategy
benchmark
Statement that provides a description of student knowledge expected at specific grades, ages, or developmental levels Benchmarks often are used in conjunction with standards (See standards )
benchmark
n 1 A quantifiable, reproducible measurement of computer system operation 2 Marketing A way to make your product look better, usually by way of unfair comparison For example, comparing 350mg aspirin to 500mg, or application performance on Intel Win/NT versus on PowerPC Win/NT, but running in Intel emulation mode, etc
benchmark
An index or bellwether measure used by market players as a yardstick to compare performance of securities
benchmark
A description or example of candidate or institutional performance that serves as a standard of comparison for evaluation or judging quality
benchmark
A measurement or standard that serves as a point of reference by which process performance is measured [GAO] Benchmarking is a structured approach for identifying the best practices from industry and government, and comparing and adapting them to the organization's operations Such an approach is aimed at identifying more efficient and effective processes for achieving intended results, and suggesting ambitious goals for program output, product/service quality, and process improvement [GAO]
benchmark
{f} measure (such as the product of a competitor) according to indicated standards as to compare it with and improve own product
benchmark
A detailed description of a specific level of student performance expected of students at particular ages, grades, or development levels Benchmarks are often represented by samples of student work A set of benchmarks can be used as "checkpoints" to monitor progress toward meeting performance goals within and across grade levels, i e , benchmarks for expected mathematics capabilities at grades three, seven, ten, and graduation
benchmark
To measure the performance of an item relative to another similar item in an impartial scientific manner
benchmark
a surveyor's mark on a permanent object of predetermined position and elevation used as a reference point
benchmark
The performance of a predetermined set of securities, used for comparison purposes (e g the S&P 500 Index for the overall stock market) Mutual fund returns are compared to specific benchmarks to help investors evaluate their performance
benchmark
a surveyors mark made on some stationary object and shown on a map; used as a reference point
benchmark
The performance of a predetermined set of securities, used for comparison purposes Such sets may be based on published indexes or may be customized to suit an investment strategy
benchmark
{i} criterion, measure; evaluation of computer performance (Computers); point of reference for comparison (especially a mark for measuring the level of a body of water against a standing structure, such as a bridge, etc.)
benchmark
Reference point or standard against which performance or achievements can be compared A benchmark might refer to what has been achieved in the past, by other comparable organisations, or what could reasonably have been achieved under the circumstances
benchmark
A standard used for comparison For example, the performance of some index mutual funds is compared to the performance of the S&P 500 (R) Index which serves as a benchmark
benchmark
A repeatable test you use to judge the performance of your network It attempts to quantify hardware or software performance---usually in terms of speed, reliability, or accuracy One of the majore problems in determining performance is deciding which of the many benchmarks available actually reflects how you plan to use the system For best results, you should evaluate performance using the same mix of applications and system commands that you expect to use in your day-to-day work So in short, The best benchmarks are the ones that closely duplicate the type of work you routinely do on your network
benchmark
Test of performance of a computer or peripheral device While benchmarks can offer seemingly objective tests of performance, the best test is to use the computer or peripheral with the applications and files you will actually be using
benchmark
(n ) A quantitative measure of performance for a computing system The measure may be in terms of computational performance, which is often rated in FLOPS, or in terms of memory speed, or communications bandwidth or some more application-oriented measure such as LIPS or OLTPS A collection of benchmark results for many computer systems is available on line from the National Software Exchange
benchmark
An unmanaged group of securities whose overall performance is used as a standard to measure investment performance
benchmark
a surveyor's mark on a permanent object of predetermined position and elevation used as a reference point a standard by which something can be measured or judged; "his painting sets the benchmark of quality
benchmark
1 A written statement that describes the specific developmental components by various grade levels (K-2, 3-5, 6-8, and 9-12) that students should know or be able to do in order to achieve a standard 2 A criteria by which something can be measured or judged
benchmark
The performance of a predetermined set of securities used for comparison purposes Such sets may be based on published indexes or may be customized to suit an investment strategy
benchmark
For a particular indicator or performance goal, the industry (healthcare or non-healthcare) measure of best performance The benchmarking process identifies the best performance in the industry for a particular process or outcome, determines how that performance is achieved, and applies the lessons learned to improve performance elsewhere
benchmark
A measurement or standard that serves as a point of reference by which process performance is measured
benchmark
A benchmark is something whose quality or quantity is known and which can therefore be used as a standard with which other things can be compared. The truck industry is a benchmark for the economy. = yardstick. something that is used as a standard by which other things can be judged or measured. to use a company's good performance as a standard by which to judge the performance of other companies of the same type benchmark sb/sth against sth
benchmark
A benchmark is sustained superior performance by a medical care provider, which can be used as a reference to raise the mainstream of care for Medicare beneficiaries The relative definition of superior will vary form situation to situation In many instances an appropriate benchmark would be a provider that appears in the top 10% of all providers for more than a year
Türkçe - İngilizce
benchmarking
benchmark
(Ticaret) benchmark