The Link Between Benchmarking and Shareholder Value
Jeffrey A. Schmidt
(Vice‐president and director in the management consulting division of Towers Perrin in Chicago)
339
Abstract
Today, a growing number of companies are following the lead of their premier competitors and of world‐class companies as a result of insights gained from benchmarking. This process involves identifying valid measures for comparing peformance among peer or other companies, ranking companies against these measures, investigating the practices that are the source of superior performance, and setting performance targets to exceed best‐observed practices.
Citation
Schmidt, J.A. (1992), "The Link Between Benchmarking and Shareholder Value", Journal of Business Strategy, Vol. 13 No. 3, pp. 7-13. https://doi.org/10.1108/eb039487
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited