BENCHMARKING: comparing, learning, adapting and improving
Governments, companies and NGO’s around the world work towards a multitude of common goals, such as growth, competitiveness, wealth, welfare, sustainability, to name a few, albeit from disparate starting points. To that end, they each develop projects, promote and finance a diversity of activities, encourage and cooperate with third-party players.
In today’s multipolar world, it is a good idea to complete periodic comparative studies to watch, record, and monitor the behaviour of similar organisations and leading or comparable regions in order to identify practises and ideas which could be incorporated into their thinking and planning.
This type of comparative study allows for learning from successful experiences, adapting key elements of our strategies to policies and business models.
- What organisations or regions are worthy of study for my sphere of activity?
- What can we learn from them?
- What objectives, areas of focus and specific actions are they undertaking?
- What organisational structures or styles are they adopting? How do these regions or organisations finance these activities?
- Could they act like partners of my organisation? Are they involved in any sort of public-private cooperation?