The Power of Creative Benchmarking
Introduction
Creative Benchmarking is an innovative approach that transcends traditional competitive or industry-specific benchmarking. It focuses on identifying and exploring best practices and processes from organizations with different organizational profiles—whether from other industries, distinct business models, or varying sizes and scales—specifically those that excel in areas relevant to the challenges or opportunities being addressed.
This article explores the concept of creative benchmarking, describes how it fits into an established benchmarking methodology, and provides examples of creative benchmarking in the hospital sector.
Think Outside Your Industry: The Power of Creative Benchmarking