Currently, hospital benchmarking organizations are often limited to short-term surgical quality comparisons among hospitals.
Research by IBM Global Business Services, Innosight and the benchmarking organization APQC has shown the fallacy in the assumption that successful innovation will come simply by replicating the approach used by successful innovators.
It's no coincidence that they are backed by the founders of Amazon, aQuantive, Dell, Expedia, and venture firms such as Benchmark — all organizations that used technology to disrupt entire industries.
It's no coincidence that they are backed by the founders of Amazon, aQuantive, Dell, Expedia, and venture firms such as Benchmark — all organizations that dramatically altered their sectors using technology to disrupt their industries.
Results are presented to allow benchmarking among organizations and emerging research is discussed.
Under the term benchmarking, these organizations use indicators to publish hospital performance rankings, assuming that they foster competition and lead to the dissemination of best practices [ 9].
Maiga and Jacobs [20] studied the relation between benchmarking and organization performance.
This will ensure that our personnel are exposed to the latest production techniques and are able to set their standards, or benchmark, using these organizations standards.
Moreover, firms from developing countries should subscribe to international codes in order to both formalize their policies and improve through benchmarking themselves against organizations in other developing or even developed countries.
Often, lessons learned may be transferred from other industries; indeed, high-performing organizations regularly benchmark practices outside of their immediate industry.
