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Benchmarking / Benchmark

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Benchmarking / Benchmark - definition(s)

Benchmarking - The process of analysing and comparing an organisation's processes to that of other organisations to identify Best practices. 

[Category=Data Quality ]

Source: Larry English, http://www.iaidq.com/main/glossary.shtml External, 13-Jan-2009 13:48


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Benchmarking - A method of measuring USPS processes against those of recognized leaders. It helps establish priorities and targets leading to process improvement. It is undertaken by identifying processes to benchmark and their key characteristics; determining whom to benchmark; collecting and analyzing data from direct contact, surveys, interviews, technical journals, and advertisements; determining the "best of class" from each benchmark item identified; and evaluating the postal process in terms of the benchmarks set and the improvement goals.

[Category=Postal ]

Source: USPS, 31 August 2009 10:25:50, http://www.usps.com/cpim/ftp/pubs/pub32/pub32a_g.html External


Benchmarking - A technique 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. Subjects that can be benchmarked include strategies, operations and processes.

[Category=Data Governance ]

Source: The Data Governance Institute, 18 November 2009 08:55:56, http://www.datagovernance.com/glossary-governance/ External


Benchmark - A metric used to quantify performance for comparative purposes. 

Benchmarking - 1. Measuring the performance of hardware components or systems (such as processors or servers) using standard benchmarks maintained by an independent organization, such as the Transaction Processing Performance Council (see TPC).

2. Measuring performance qualities (such as efficiency or spending) of enterprise organizations or processes (such IS) against comparative benchmarks. Such benchmarks can be external (for example, averages of industry peer performance) or internal (for example, measurements of an organization's performance in different time periods, or comparison to other organizations in the same enterprise).

[Category=Data Cleansing ]

Source: X4DB, 14 May 2010 11:55:18, http://www.x4db.com/glossary.html External


Benchmarking - A point of reference for measurement.

[Category=Information Management ]

Source: Information-Management.com, 02 June 2010 08:10:18, http://www.information-management.com/glossary/b.html External


Benchmarking - A point of reference for measurement.

[Category=Data Management ]

Source: DataMentors, 14 August 2010 10:45:39, http://www.datamentors.com/News-and-Resources/Glossary.html External


Benchmarking - A technique 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. Subjects that can be benchmarked include strategies, operations and processes.

[Category=Quality ]

Source: American Society for Quality, 08 September 2010 09:05:48, http://www.asq.org/glossary/ External


Benchmarking - The concept of discovering what is the best performance being achieved, whether in your company, by a competitor, or by an entirely different industry.

Benchmarking is an improvement tool whereby a company measures its performance or process against other companies' best practices, determines how those companies achieved their performance levels, and uses the information to improve its own performance.

Benchmarking is a continuous process whereby an enterprise measures and compares all its functions, systems and practices against strong competitors, identifying quality gaps in the organization, and striving to achieve competitive advantage locally and globally.

[Category=Data Quality ]

Source: iSixSigma, 01 January 2011 09:39:51, http://www.isixsigma.com/index.php?option=com_glossary External


Benchmarking - Benchmarking is a methodology that is used to search for best practices. Benchmarking can be applied to strategies, policies, operations, processes, products, and organizational structures. By finding and adopting best practices you can improve your organization's overall performance.

Best practices can be found either within your own organization or within other organizations. It usually means identifying organizations that are doing something in the best possible way and then trying to emulate how they do it.

There are at least two types of external benchmarking: competitive benchmarking and generic benchmarking. Competitive benchmarking involves comparing how you do things with how your competitors do things while generic benchmarking involves comparing yourself with organizations in unrelated sectors.

In order to carry out benchmarking projects, you need to develop a benchmarking methodology. Your benchmarking methodology should define rules that control: * How the scope of each project is defined. * How benchmarking partners are selected. * How confidentiality is respected and ensured. * How benchmarking characteristics are specified. * How benchmarking indicators or metrics are chosen. * How benchmarking data is collected and analyzed. * How potential improvements are identified. * How improvement plans are developed. * How your benchmarking experience is added * to your organization's knowledge base.

[Category=Quality ]

Source: Praxium Research Group Ltd, 08 March 2011 09:44:09, http://www.praxiom.com/iso-definition.htm External


Benchmarking - A continuous process of measurement of products, services and work processes, against those recognised as leaders.

[Category=Quality ]

Source: The Quality Portal, 01 April 2011 08:46:45, http://thequalityportal.com/glossary/b.htm External


benchmark

(1) [surveying] A brass or bronze disk, set in a concrete base or similarly permanent structure, inscribed with a mark showing its elevation above or below an adopted vertical datum.

(2) [computing] A performance test of hardware, software, or an application that sets a standard of quality using test data or operations typical of working conditions.

[Category=Geospatial ]

Source: esri, 29 January 2012 15:10:17, http://support.esri.com/en/knowledgebase/GISDictionary/term/abbreviation External


Benchmarking - Het vergelijken van de eigen prestaties op bepaalde gebieden met de prestaties van anderen (veelal concurrenten of anderszins vergelijkbare organisaties) in het eigen werkterrein.

[Category=Business Intelligence ]

Source: nimja.nl, 19 October 2012 08:57:00, http://www.nimja.nl/bi-woordenboek/ External


Bench Mark - A point of reference from which subsequent measurements or observations of the same items of interest may be made. The total population value (e.g. Census counts).

[Category=Data Quality ]

Source: Australian Bureau of Statistics, 21 November 2012 18:43:21, http://www.nss.gov.au/dataquality/glossary.jsp External

 


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl