Definition of "benchmarking" []

• Present participle of benchmark. (verb)

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• "The problem with benchmarking is that nothing but continuous improvement (except maybe spectacular results) satisfies very much."
• "In supply management, the word benchmarking actually refers to the process of comparing yourself to the best, learning and then improving -- continuously."
• "Just look at executive pay; long-term benchmarking has driven remuneration up across the board."