Benchmarking encourages employees to continuously innovate.

Name: Benchmarking encourages employees to continuously innovate.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Benchmarking involves comparing one's own processes, products or services to those of competitors or industry leaders with the goal of identifying areas for improvement and innovation. By learning from best practices and identifying areas for improvement, employees are encouraged to continuously innovate in order to stay competitive and ahead of the game.

Benchmarking Encourages Employees to Continuously Innovate