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Modern IT systems that are easy to use and enable sophisticated benchmarking and analysis are essential, as in Aravind.
Martyrs to transparency The benchmarking bane The ECB decides Unveiled Patriotic pensions Stable but sickly On target?
Their presence is welcome, for they reject hedge funds' disdain for benchmarking.
Unlike his predecessors, he is effective on television, pounding home the need to measure Germany against other countries rather than the comfortable standards of the past (introducing das Benchmarking into the German language may be an enduring achievement).To accuse Mr Henkel of "treason" is inflammatory and hysterical.
Meanwhile some British farms struggle with basic tasks such as benchmarking.
Public-service workers have also benefited from a "benchmarking" exercise that, under the guise of keeping public-sector pay competitive, has made it harder to control spending.Mr McCreevy notes that health spending alone has tripled during his time as finance minister, from €3.5 billion to over €10 billion, with the numbers of front-line staff rising from 58,000 to 96,000.
A draft EU directive on commodity benchmarking seeks to regulate their work.
("Our little town was founded by Ruritanian settlers and it's famous for making ball-bearings and cakes... ......) It will help if Britain's priests, rabbis and imams could be similarly clear next time the town council's diversity officer calls to do some benchmarking of their coterminosity.
We now have a variety of unmetered access packages and, according to the latest OECD benchmarking survey, Internet costs for off-peak unmetered access are the cheapest in Europe and second only to the United States.
Inspired by the McKinsey report, the economics ministry now conducts a commendable annual benchmarking exercise that compares the Netherlands with other countries.
The industry is years away from accepted standards for benchmarking, Mr Anson concedes.Nevertheless, competition to establish a leading index and to create tradable products related to it will only increase.
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