Benchmark, Benchmarking
a benchmark (noun) -
a. a standard by which something is evaluated or measured
b. a point of reference for measurement
(See Wikipedia on benchmarking)
benchmark (verb) - to measure the performance of an item relative to another similar item in an impartial scientific manner (See Wiktionary)
the benchmark of
the benchmark for
benchmark against
benchmark performance against external criteria
benchmarking one job against another
introduce a benchmark
a benchmark test
the highest benchmark on record
set a new benchmark for
set a benchmark for the future
benchmark results
a useful benchmark for
remains the benchmark of
benchmark for policy
benchmark for practice
cost benchmarking
productivity benchmarking
become a benchmark
became the benchmark for the whole company
a benchmark case
a benchmark legal case
a software benchmark
benchmark prices
benchmark stock index
SET's benchmark index
a riskless benchmark
benchmark interest rates
benchmark deposit rates
a benchmarking exercise
systematic benchmarking
internal benchmarking
embark upon benchmarking
supporters of benchmarking
benchmarking enthusiasts
a historic benchmark
a local benchmark
business benchmarking
Example sentences:
* Benchmark your business practices against best practice to look for areas that need improvement.
* To assist us in our drive to improve productivity, we are benchmarking our performance against external criteria.
* Benchmarking is beginning to look like a fad.
* The task of benchmarking one job against another is essentially based on statistical and mathematical techniques
* Benchmarking is a way of survival
* The excellent quality of her voice set a new benchmark for singers all over the world.
* A realistic salary established prior to the sale may establish a proper benchmark for the director's remuneration package from the new owners. (Source: British National Corpus)
* When management becomes complacent and inward-looking, benchmarking is what they need.
* "For corporate management, cost and productivity benchmarking identified work organization as the key to regaining their competitive advantage." (Source: British National Corpus)
* "A lot of the most useful information in benchmarking will come from your direct competitors, but they are unlikely to fancy giving you detailed information about themselves." (Source: British National Corpus)
* If your organisation is big enough, benchmarking can be useful.
* He has some reservations about the benchmarking experiment
* If your company isn't benchmarking yet, it probably should be.
* Many investors use ratings to measure the risk premium -- the amount of added yield that compensates for possible default. Such risk premiums can be measured for the entire market by comparing yields of bonds at each rating category, starting from a riskless benchmark such as US Treasury bonds.
* The sex discrimination case became a benchmark case in this narrow specialised legal area.
* His famous 1981 speech still remains the benchmark of his thinking and of his central concerns.
* In a fixed exchange rate system each monetary authority competes to provide a stable benchmark of value.
* The recent contract signed for a 37 hour work week may become a benchmark for resolving future labour disputes.
* The new law may well become the benchmark for future policy and practice.
* The profit figure is a useful benchmark for measuring the performance of the business
* This comprehensive examinations tests every aspect of experience and knowledge and provides a benchmark of achievement for both the job candidate and their prospective employers.
* Bids averaged 40% more than benchmark prices.
* Business benchmarking involves comparing the products and business processes to best practice to look for potential improvements.
* They aren't interested in learning about other projects unless they can be used as a foil or benchmark against which to measure their own success.
* Interest rates on the government bonds are based on benchmark deposit rates quoted by the five largest commercial banks, minus one percentage point.
* For many investors, ratings are mainly a benchmark for setting "yes/no" or "buy/don't buy" limits on fixed income purchases.
* The benchmark 30-year Treasury bond fell 1/32, or 31 cents per $1,000 secutiry, to 95 4/32.
* "The 'ideal' therefore, forms the benchmark by which we judge the efficacy, honesty, and impartiality of the press in contemporary Britain." (Source: British National Corpus)
* This provides a benchmark for evaluating natural monopoly industries, in the same way that perfect competition provides a benchmark --; something that it would be desirable to work towards as a policy goal. (Source: British National Corpus)
* "The Institute of Public Relations in its turn is the guardian of ethics and professional standards and membership should be the benchmark for any organisation seeking to employ a public relations practitioner," she said.
(Source: British National Corpus)
