Benchmarkingul - a Path to Excellence in Romanian Organizations

Maria Toma (tomamioara@yahoo.fr)
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Maria Toma: “Valahia†University of Targoviste

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 788-792

Abstract: Benchmarking is a tool of analysis that involves making direct comparisons between the functional or operational processes of organizations belonging to different sectors of activity, in order to identify sources of competitive advantage. In economic practice, benchmarking is a real state of mind that stimulates the activity of managers and staff in constant search of progress. It often becomes an integral part of a company's culture. The application of this method is conditioned by the existence of a specific structure, the so-called “benchmarking clubs†, usually animated by a consulting firm. This paper aims to highlight the results of research on the importance of the benchmarking method, as a tool for stimulating and constantly seeking progress in Romanian organizations.

Keywords: Benchmarking; performance; excellence (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2020
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