Benchmark Management And Its Performance Evaluation

Benchmarking, the search for the best practices within and across industries to improve performance, has become a popular management tool. Increased global awareness and intensified international competition together with the development of numerous benchmarking clearinghouses will provide more opportunities for firms to engage in benchmarking. While much has been written about benchmarking, few ?attempts have been made to integrate the literature and combine benchmarking with performance evaluation system.The thesis begins with the basic principles of the Benchmarking and retrospect of theories related on the basis of which two cases are prepared for application of Benchmarking process model to performance evaluation. And next come performance evaluation standard, performance evaluation indices and performance evaluation repotting to discuss improvement in the performance evaluation system by virtue of Benchmarking. In the final, it involves reference significance of Benchmarking in companies of China.