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Dear tutor,
Which type of benchmarking should I follow from these-
Type 1:
*Internal
*Industry
*Activity
*Generic
Type 2:
*Historical
*Industry
*Best-in-class
will you please make me clarify what is Generic benchmarking?I haven’t come across the terms Type 1 or Type 2 or generic. I suggest you Google it or look at where you found the terms.
The source where I got it says nothing about it. Thanks for reminding me about Google! Google says, Generic benchmarking is,
Method of comparing the
performance and processes of
organizations in unrelated
industries.
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