Benchmarking From Wikipedia, the free encyclopedia Benchmarking (also "best practice benchmarking" or "process benchmarking") is a process used in management and particularly strategic management , in which organizations evaluate various aspects of their processes in relation to best practice , usually within their own sector. This then allows organizations to develop plans on how to adopt such best practice, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often treated as a continuous process in which organizations continually seek to challenge their practices. Best practice Best Practice asserts that there is a technique , method, process, activity, incentive or reward that is more effective at delivering a particular outcome than any other technique, method, process, etc. The idea is that with proper processes, checks, and testing, a desired outcome can be delivered with fewer problems and u