Assessing The Environment (cont.) Benchmarking the search for the best practices in other organizations that lead to superior performance standard tool of many organizations in quest for performance improvement analyze and then copy the methods used by leaders in various fields important to identify appropriate targets for benchmarking organizations may share benchmarking information ©Prentice Hal,2002 9-9Assessing The Environment (cont.) Benchmarking – the search for the best practices in other organizations that lead to superior performance – standard tool of many organizations in quest for performance improvement – analyze and then copy the methods used by leaders in various fields – important to identify appropriate targets for benchmarking – organizations may share benchmarking information © Prentice Hall, 2002 9-9