When companies use benchmarking, their goal is to identify how their performance compares to other companies and hopefully identify how they can improve costs and performance. Nearly every sizeable ...

Arthur C. Clarke, the great science fiction writer, once observed that cave dwellers froze to death on beds of coal—lying on the very resource that could have saved their lives. But they had no way to ...

If you want to control energy consumption, and therefore cost, you must be able to measure it. In that sense, energy benchmarking becomes the single most effective tool you can harness to make ...

This article is written by Julie Jung, RN, MSN, VP Clinical Services and Accreditation for Outpatient Strategies & ASC Strategies.There are a number of different stories about the origin of the term ...

Benchmarking is the process of comparing what your company is doing with what the best performing company in your industry is doing. Process benchmarking, one of three types of benchmarking, compares ...

Benchmarking is the process of studying industry or competitive practices, functions and products and finding ways to meet them or improve upon them. Companies from all different industries use ...

Getting your Trinity Audio player ready... If you don’t know where you’re going you might not get there. – Yogi Berra Now that the mid-term elections are behind us and businesses are closing out the ...

Benchmarking is foundational in healthcare, used to measure performance across patient care, operations, finance, and compliance. Key performance indicators (KPIs) bring structure and clarity to this ...

During ripping bull markets, investors often start benchmarking. The rise in indexing has resulted in a concentration of dollars into a decreasing number of assets. While an active manager focusing on ...