Why Benchmarking? Understanding the process

Wasila Abdulaziz Elasheg1  

 Assistant professor Tripoli University faculty of Engineering Petroleum department

    Email: welasheg@gmail.com

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HNSJ, 2021, 2(8); https://doi.org/10.53796/hnsj2819

Published at 01/08/2021                                                    Accepted at 24/07/2021                                  

Abstract
The essence of benchmarking is the process of identifying the highest standards of excellence for products, services, or processes, and then making the improvements necessary to reach those standards – commonly called “best practices”. This paper is to summaries the experience of spreading the knowledge of applying Benchmarking models and detailing the steps to maximize an organization’s potential for success to motivate a desire of managers to follow these steps in order to achieve best practices.