A benchmarking gap refers to the difference between an organization’s current performance level and the performance level of industry leaders or best practices. The benchmarking gap represents how much an organization needs to improve in order to reach an external…
What is the Benchmarking Gap? The Benchmarking Gap signals the variance between an organization’s present performance and the established standards set by industry leaders or competitors. Imagine it as the space between where you are and where you aspire to…
In the vast landscape of operational efficiency, there exists a crucial concept that often separates the average from the exceptional: the Benchmarking Gap. Picture this: you’re navigating your organization’s journey, aiming for the pinnacle of performance. Yet, you’re met with…