Internal benchmarking

This refers to the process of benchmarking using only performance within the organisation as a comparator.

Internal benchmarking is relatively quicker and cheaper than comparing data with external organisations however, it is limited by not assessing the organisation against best in class performance. It is particularly relevant when an organisation has large numbers of comparable business units, for example a network of similar retail outlets.

Internal benchmarking is a term normally found in performance management and strategic management.

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